, the internal effects of education are filtered out using wage functions for individuals. Second, the resulting industry …

emerge. First, minor differences in education technologies, preferences, or wealth, can lead to a high degree of … inequality in education and income more persistent across generations. Whether the same is true of inequality in total wealth … richer communities; thus average academic performance and income growth both fall. Yet it may still be possible for education …

and general education, with a superior social status attached to general. The resulting dynamic political equilibrium is … best summarized by the ratio of vocational to general education, which we interpret as a measure of the degree of … vocational education at the expense of general. …

numerical techniques, a model based on human capital accumulation through education, and we find that the increase in … precautionary savings makes labour more productive in the goods sector and draws resources from education, which is the "growth …

particular when comparing local and national funding of education, which correspond to special cases of segregation and …

Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R … important in this catch up process as well as stimulating innovation directly. Trade, by contrast, plays a more modest role in …