Strulik, Holger; Werner, Katharina - Center for European, Governance and Economic … - 2014
For most of human history there existed a well-educated and innovative elite whereas mass education, market R&D, and … cognitive ability. Compulsory schooling can move society from elite education to mass education. An interaction between … model for the very long run in which the individual-specific return to education is conceptualized as an compound of …