: 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 …

innovation and imitation. We develop a theoretical model showing that skilled labour has a higher growth-enhancing effect closer … to the technological frontier under the reasonable assumption that innovation is a relatively more skill intensive … the two separate margins of primary/secondary and tertiary education. Interestingly, the latter type of schooling proves …

productivity. Education as well as innovation and production require skilled labour as inputs. This and the fact that learning … study the impact of changes in the education of workers and the incentives to innovate. Lower profits imply lower growth … redistribution. Subsidization of education increases employment and growth. Redistribution through the tax and benefit system or …

We investigate whether acquiring more education when young has long-term effects on risk-taking behavior in financial … are more likely to invest in the stock market. However, little is known about whether this is a causal effect of education … or whether it arises from the correlation of education with unobserved characteristics. Using exogenous variation in …

Incentives to invest in higher education are affected by both the direct wage effect of human capital investments and … educated. We analyse the returns to education in Austria, Germany, Italy, Sweden and the United Kingdom, countries which differ … significantly regarding both their education systems and labour market structure. We estimate augmented Mincerian wage equations …

levels of education. Raising high school attainment appears to yield the highest annual benefits, with per-year gains as high … benefits of education are higher towards the top of the distribution, but the participation effects are higher towards the …

increasing returns to education at the labor market participation margin, and that these depend directly on the elasticity of … labor supply with respect to wages. Thus the increasing returns to education problem will be most relevant for women or …