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 …

the leading principle of the Dutch education system since the beginning of the 20th century. Based on panel data for the … Netherlands we show that there is a relation between competition and student achievement in upper secondary education, but that it …

Education is argued to be an important driver of the decision to start a business. The measurement of its influence … US. Theeffect of education on the decision to become self-employed is found to be strongly positive,much higher than the … estimated effect in case no instrumental variables are used. That is, thehigher the respondent's level of education, the greater …

We argue that promoting education may be a means to reduceincome inequality. When workers of different skill levels … areimperfect substitutes in production, an increase in the level ofhuman capital in the economy reduces the return to education … atrade-off between the distortions of taxes on effort and the distortionsof education subsidies on the investment in human …

Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the … of education reduces the private return by 2 percentage points, consistent with Katz-Murphy's (1992) elasticity of …