Human Capital and the Evaluation of University Efficiency
This paper focuses on the process of evaluation of the external efficiency of higher education, defined as the effect of university education on the long-term income of graduates; in particular we propose the use of human capital as the outcome of interest and a proper methodology to estimate it as the latent variable in the presence of reflective, formative and concomitant indicators. Finally, in the application of the methodology a comparison is made between human capital in Italy and the USA, estimated using the most recent national sample surveys on income and wealth.
VITTADINI Giorgio;
LOVAGLIO Pier Giorgio;
VIDONI Daniele;
2009-12-10
OPOCE
JRC43397
978-92-79-06161-5,
1018-5593,
EUR 23253 EN,
OP LB-NA-23253-EN-C,
https://publications.jrc.ec.europa.eu/repository/handle/JRC43397,
10.2788/68077,
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