The validity of family background variables instrumenting education in income regressions has been much criticized. In … instruments in income regressions. …

Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from …) income and of education. Using instrumental variables can provide a way out. However, three questions remain: whether … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …

The paper studies the effects of cross-country differences in the productionprocess of human capital on income … effect upon intragenerational income inequality and growth along theequilibrium path. We also indicate how the level of …

The paper studies the determinants of income distribution and growth in an overlapping generations economy ….Heterogeneity in income results from the distribution of human capital acrossindividuals in a non-degenerate way. The human capital … production is affected by 'home-education' , provided bythe parents, as well as 'public-education , which is provided equally to …

of schooling in developing economies raises enterprise income by an average of 5.5 percent, which is close to the average …

In the Netherlands auditors can be trained in a part-time educational track in which students combine working and … an important route for students from a lower socioeconomic background. …

acounteracting effect: an increase in the stock of human capitalreduces the return to human capital and, therefore, pre-tax income …