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Human capital is almost always identified as a crucial ingredient for growing economies, but empirical investigations of cross-national growth have done little to clarify the dimensions of relevant human capital or any implications for policy. This paper concentrates on the importance of labor...
Persistent link: https://www.econbiz.de/10012473468
The purpose of this article is to discuss how policies can affect investment in tertiary education in ways that would … to higher education. To this end, the analysis focuses on the institutional set-up of tertiary education that provides … incentives for supplying quality educational services; the private returns from higher education which act to attract prospective …
Persistent link: https://www.econbiz.de/10011099451
existence of ability premiums, an innovation in the relative demand for more educated labor increases educational inequality in …
Persistent link: https://www.econbiz.de/10012470518
greater inequality. To investigate this we construct a dynamic model of intergenerational education acquisition, fertility … fertility and education, a decreasing marginal effect of parental education on children's years of education, and wages that are …
Persistent link: https://www.econbiz.de/10012471268
-economic effects in terms of living standards, education, health, and gender equality, which appear to be unprecedented in depth and …
Persistent link: https://www.econbiz.de/10012660017
ability to perform complex tasks. The data suggests that the sorting effect of education is an important determinant of …
Persistent link: https://www.econbiz.de/10012477669
relationship to weeks worked upon graduation, hours worked while in high school bear a strong relationship to later employment for …
Persistent link: https://www.econbiz.de/10012478097
education and marital status though the marital effects are much weaker when we condition for prior health. These effects …
Persistent link: https://www.econbiz.de/10012478514
A structural model of the demand for college attendance is derived from the theory of comparative advantage and recent statistical models of self-selection and unobserved components. Estimates from NBER-Thorndike data strongly support the theory. First, expected lifetime earnings gains influence...
Persistent link: https://www.econbiz.de/10012478895
The educational screening hypothesis states that beyond a certain point schooling functions as a signaling device to identify pre-existing talents. We test for the presence of screening by comparing the schooling and earnings of self-employed workers and of those employed by others in a sample...
Persistent link: https://www.econbiz.de/10012478955