Background
PSACHAROPOULOS, George was born in 1937 in Athens, Greece.
PSACHAROPOULOS, George was born in 1937 in Athens, Greece.
Bachelor of Arts Graduate Business School, Athens, 1960. Master of Arts, Doctor of Philosophy University Chicago, 1964, 1968.
Assistant Professor of Economics, University Hawaii, 1968-1969. Lector Economics, London School of Economies and Political Science, London, United Kingdom,
81. Consultant, Organisation for Economic Company-operation and Development, United Nations Educational Scientific and Cultural Organisation, International Labour Office, Greek Government, World Bank, 1969-1981.
Manager, Research Program, Education Department, World Bank, Washington, District of Columbia, United States of America, since 1981.
Editorial Boards, Economics Education Review, since 1980, Section Education, International Encyclopedia Education (Pergamon, 1985).
Early work was focussed on the returns of education in different country settings, leading to the documentation of certain patterns like the diminishing profitability of investment in education by increasing level of education and per capita income. In the mid-1970s, my interest shifted to the role of education as a determinant of earnings and income distribution. I have also studied related topics such as the elasticity of substitution between different types of educated labour, the screening hypothesis, and labour market segmentation.
The empirical emphasis of my work has been in Least Developed Country (Countries) labour markets. My recent work concentrates on the development of analytical tools and the derivation of empirical signals that may guide policy-makers in developing countries to make investment decisions in education conducive to economic growth and social equity.