Gundlach, Erich; Navarro de Pablo, José; Weisert, Natascha - Institut für Weltwirtschaft (IfW) - 2004
broader measure of human capital that accounts for international differences in the quality of education. Our findings suggest … that more quality-adjusted education does increase the income of the poor in addition to its positive effect on average … income. Hence effective education policies should be an essential component of any poverty-reduction strategy. …