Determinants of Expected Return on Higher Education in Moscow
Based on the data of cohort longitudinal study “Educational and Career Trajectories”, factors affecting absolute and relative expected returns on education (ROE) are investigated.Surveys of Moscow students show that academic performance assessed by Unified State Exam (USE) scores is an important predictor of students’ salary expectations. Besides, expected ROE also correlates positively with college selectivity. Students in private colleges expect to be paid lower than those in state universities. Social and cultural capital of the family (parental education, number of books at home) may influence salary expectations indirectly, through academic performance. Students from wealthier families expect to have a higher ROE than their disadvantaged peers, and so do boys as compared to girls. Students working part-time expect to be paid higher than non-working students after graduation but anticipate a lower return on investment in relative terms. Citation: Prakhov I. (2017) Determinanty ozhidaemoy otdachi ot vysshego obrazovaniya v Moskve [Determinants of Expected Return on Higher Education in Moscow]. Voprosy obrazovaniya / Educational Studies. Moscow, no1, pp. 25-57.
The paper demonstrates the potential of the stochastic frontier-based methods of performance assessment of non-profit associations. They are commonly used for productivity analysis and could serve as an adequate tool for such assessment, especially when dealing with numerous non-profits pursuing identical and clearly identified objectives. A case in point are homeowners associations (HOA), which are formed within apartment buildings to manage common property. Data was collected by a survey of 82 HOAs in Russias national capital Moscow and a large industrial city of Perm. Different techniques and robust checks are applied, exogenous parameters that influence HOA efficiency are revealed. Among those, physical conditions of the housing stock and ability of tenants to resolve the collective action problem in operating housing infrastructure were shown to be of primary importance. Overall, HOA, despite of their appeal and successful performance in developed nations, are not necessarily a superior option in countries and societies where civic capacity is in short supply, and housing stock suffers from wear and tear.
Since the first works on Higher Education Administration in the 1970s no comprehensive work in terms of purpose and scope of Higher Education has been published. There have been important changes in people’s aspirations vis-à-vis higher education globally. In parallel, the higher education systems, worldwide, have been undergoing constant transformation in response to these aspirations. From governments, employers and prospective students and their parents, the stakeholders in higher education system are now extremely varied paying close attention to the various aspects of higher education - from infrastructure, on-campus safety and security to administration, faculty and curricula. The present series attempts to take into account the issues of importance to all the stakeholders. Hence the series not only pays attention to the purpose and outcomes of higher education but also the economics surrounding higher education vis a vis marketization. The nitty gritty of running and maintaining a university infrastructure, impact of globalization and internationalization on delivery and demand of higher education, the commoditization of research, and changing paradigms of teaching and learning fall within the purview of the series. The increasing competition from other entities to provide degrees, certificates or other forms of credentials makes it important to have a work that brings all of the elements together to see how they actually interact and inter-relate from a systems perspective. The present series attempts to comprehensively attend to these issues and provide a complete reference resource to all those involved and interested in setting up of a Higher Education institution and its administration.
The article examines differences between two Russian regions – Moscow and Bashkortostan – through the following socio-psychological indicators: perceived social capital, trust, civil identity, life satisfaction, and economic attitudes.
The book includes proceedings of the conference “Business. Society. Human” (October 30–31, 2013, Moscow) organized by National Research University Higher School of Economics. The purpose of the conference: interdisciplinary analysis of actual problems of studying business in the social sciences: the relationship between business and society; social capital and trust; business and corporate culture; individual, group and organization in business; problems and prospects of business education and business consulting, etc. The book present the results of researches of trust and social capital carried out in various countries in Europe, Asia and in Russia. Authors are well-known sociologists, psychologists and economists. The results of these researches were presented at the conference. The papers are published as they were submitted by the author.
The main reason the so-called "crisis of education" covers not only the rap-id changes in the system of knowledge and technology, but also the changes in the labor market, the prevalence of atypical employment. As a result, the univer-sity, by definition, can not train a specialist, fully satisfying the requirements of the employer. For example, the direction of "Advertising and public relations" proposes measures to resolve the existing contradictions.
The book’s stated objective is to uncover context, “how social capital interacts with social institutions.” It is part of a new wave of research on social capital that, dissatisfied with both macro analyses limited to societal patterns and micro analyses limited to actors’ conditions, seeks to understand the operation of networks at the meso-level: how institutions and organizations structure the transfer of resources across networks. It purports to make both theoretical and methodological contributions, the first by developing the concept of “institutional logics,” the latter by “casting diverse contextual settings as ‘generators’ of social relations”, and studying these contexts from multiple methodological perspectives. (from a review by M. Small)
Institutions affect investment decisions, including investments in human capital. Hence institutions are relevant for the allocation of talent. Good market-supporting institutions attract talent to productive value-creating activities, whereas poor ones raise the appeal of rent-seeking. We propose a theoretical model that predicts that more talented individuals are particularly sensitive in their career choices to the quality of institutions, and test these predictions on a sample of around 95 countries of the world. We find a strong positive association between the quality of institutions and graduation of college and university students in science, and an even stronger negative correlation with graduation in law. Our findings are robust to various specifications of empirical models, including smaller samples of former colonies and transition countries. The quality of human capital makes the distinction between educational choices under strong and weak institutions particularly sharp. We show that the allocation of talent is an important link between institutions and growth.