Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the … of education reduces the private return by 2 percentage points, consistent with Katz-Murphy's (1992) elasticity of …

> Human capital obtained through education has been shown to be one of the strongest drivers of entrepreneurship performance … value of other input factors, such as (knowledge) capital and labor is likely to be affected by the education level of the … possible stakeholders in the entrepreneur’s venture. The education distribution of the (local) population may thus shape the …

We argue that promoting education may be a means to reduceincome inequality. When workers of different skill levels … areimperfect substitutes in production, an increase in the level ofhuman capital in the economy reduces the return to education … atrade-off between the distortions of taxes on effort and the distortionsof education subsidies on the investment in human …

considerable difficulties in the Dutch labour market. The most remarkable conclusion is the irrelevance of education for socio …

entrepreneurship to farming. The education effect that separates workers into self-employment and wage employment is stronger for women …

whereas the height premium in work and life satisfaction is only marginally explained by education. …

1, pages 23-33.<P> Education is argued to be an important driver of the decision to start a business. The measurement of … countries and the US. Theeffect of education on the decision to become self-employed is found to be strongly positive … education, the greater the likelihood that he/she starts a business.Implications for entrepreneurship research and practice are …

See also 'Are Education and Entrepreneurial Income Endogenous?' in <I>Entrepreneurship Research Journal</I> (2012), 2 …(3), 1-27.<P> Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however … (entrepreneurial) income and of education. Using instrumental variables can provide a way out. However, three questions remain: whether …

This discussion paper was published in the <I> Economics of Education Review</I> (2012). Vol. 31(5), 515-523.<P> The … validity of family background variables instrumenting education in income regressions has been much criticized. In this paper … of the instrument). The size of the bias is in many cases smaller than the standard error of education’s estimated …