aggregate capital accumulation or aggregate relative price differences. More generally, the model can be used to generate … differences in capital accumulation, relative prices, and measured TFP …

rely on aggregate capital accumulation or aggregate relative price differences. More generally, the model can be used to … generate differences in capital accumulation, relative prices, and measured TFP. …

Most empirical investigations of the effects of cognitive skills assume that they are produced by schooling. Drawing on … control for endogeneity; and (4) point to limitations in using adult school attainment alone to represent human capital. …

levels and returns to human capital investments. These include the higher return to and level of schooling, the small effect …We use a model of human capital investment and activity choice to explain facts describing gender differentials in the … of healthiness on wages, and the large effect of healthiness on schooling for females relative to males. The model …

Consider the following facts. In 1950 the richest ten-percent of countries attained an average of 8 years of schooling … whereas the poorest ten-percent of countries attained 1.3 years, a 6-fold difference. By 2005, the difference in schooling … declined to 2-fold. The fact is that schooling has increased faster in poor than in rich countries. What explains educational …

Consider the following facts. In 1950, the richest countries attained an average of 8 years of schooling whereas the … poorest countries 1.3 years, a large 6-fold difference. By 2005, the difference in schooling declined to 2-fold because … schooling increased faster in poor than in rich countries. What explains educational attainment differences across countries and …

schooling whereas the poorest ten-percent of countries attained 1.3 years, a 6-fold difference. By 2005, the difference in … schooling declined to 2-fold. The fact is that schooling has increased faster in poor than in rich countries. What explains … capital accumulation with two novel but important features: non-homotetic preferences and an operating labor supply margin. We …

This paper investigates the presence of a network externality which might explain the persistence of low schooling … achievements among internal migrants. A simple analytical framework is presented to show how an initial human capital disparity … networks. We test empirically whether young migrants�schooling decisions are affected by the presence of covillagers at …