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

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 aim of this paper is to study the long-run effects of a longevity increase on individual decisions about education …

The US experienced two dramatic changes in the structure of education in a fifty year period. The first was a large …

include skilled human capital (number of highly educated workers), general manager’s education and tenure, and management team …'s education and age. We find that skilled human capital has a significant positive effect on firms' innovation, while the … role in firm innovation in metropolitan cities, while it is the General Manager's education that has a positive and …

parental human capital; (2) intergenerational transfers are accomplished via investment in the education of the younger … human capital production is affected by the home-education , provided by the parents, as well as the public-education which …

of education, inequality, and (natural) resources. We highlight two contrasting effects of education and human capital … accumulation. On the one side, education prompts economic growth and enriches the budget of the autocratic elite. On the other side …, education increases the "awareness" of citizens - capturing their reluctance to accept a dictatorship and their labor …