CASTRO, Rui; COEN-PIRANI, Daniele - Département de Sciences Économiques, Université de … - 2014
We study the evolution of educational attainment of the 1932–1972 cohorts using a calibrated model of investment in human capital with heterogeneous learning ability. The inter-cohort variation in schooling is driven by changes in skill prices, tuition, and education quality over time, and...
