ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers …We propose an innovation-driven growth model in which education is determined by family background and cognitive …, compulsory education is implemented first and triggers the onset of market R&D. According to the British way, market R&D is …

entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …

partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U …-shaped way on education. To maintain a given level of human capital it is shown that a less efficient schooling technology …-tax inequality if it spent more on education. …

This paper investigates Becker, Hornung and Woessmann's recent claim that education had an important causal effect on … problems, notably the omission of relevant variables which leads to serious bias in the estimated effect of education. When … these problems are corrected, the conclusions of Becker, Hornung and Woessmann no longer hold. Education did not play an …

The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …

development. It affects human capital through both religious and secular education. It affects population and labor by influencing …

higher wages. These findings are consistent with the concept of meritocracy and suggest that it is important to evaluate the …