Brückner, Markus; Gradstein, Mark - C.E.P.R. Discussion Papers - 2013
effect of human capital on national income, but recent calibrated models have argued that most of the link works, in fact …, the other way around. In this paper, therefore, we take a close look as to whether income growth causes schooling from an … exogenous variation in countries' national incomes. We detect a significant causal effect of income growth on various measures …