Modern growth theory puts invention on the center stage. Inventions are created by individuals, raising the question …: can we increase number of inventors? To answer this question, we study the causal effect of M.Sc. engineering education on …. We find a positive effect of engineering education on the propensity to patent, and a negative OLS bias. Our …

financially support public education that would sustain their profit rates and would improve their economic well being, although …

the equilibrium sorting of spouses by skill type (their correlation in education) is increasing as a function of the skill … premium and of the degree of correlation of spouses’ education (marital sorting). For all our measures, we find a positive and …

growth potential. In the model, at a good equilibrium a large number of children of well-educated parents take advantage of … achievements are wasted as children fail to build upon their parents’ achievements. Policies affecting the education system and the …

Acemoglu and Johnson (2007), estimate that improvements in health have no impact on growth or any factors of growth; in … particular, they find no impact of life expectancy increases on education. We argue that their pessimistic results with respect … the impact of life expectancy improvements on the average education of the whole population aged above 15, which evolves …

accumulation of human capital during the transition from stagnation to growth. This is because greater longevity raises children …’s future income proportionally at all levels of education, leaving the relative return between quality and quantity unaffected …. This result is consistent with historical evidence that longevity began to increase long before education did. Our theory …

This paper examines how economic stratification affects inequality and growth over time. It studies economies where …-wide linkages (complementary skills, knowledge spillovers). It compares growth and welfare when families are stratified into … slower growth in the short run, but to higher output or even productivity growth in the long run. This trade-off occurs in …

The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …