We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary …-reducing. Expansive education policies may foster growth and reduce earning inequalities between workers, but only by transferring income … from workers to capitalists. Further, the overall effect of an increase in education depends on the actual characteristics …

fertility. As male education remains unchanged by the reforms, later life education reduces the pre-existing gender earnings gap …

Union (EU) for the period 1994-2001 in order to analyse whether the individual economic returns to education vary between … and/or geographical (regional and interregional) externalities. The results point out that while education is a … education between migrants and non-migrants. The paper also finds that household, regional, and interregional externalities …

, we find that the wages of people aged under 35 basically depend on the level of education attained, while those of …

substantial progress in education. However, average workers¿ earnings have stagnated and earnings for workers with more schooling … have declined, compressing the earnings distribution and lowering the returns to education. This paper hypothesizes that …, earnings differentials across schooling levels would increase, as would the returns to education. In parallel, earnings …