A simple classical-Marxian model of growth and distribution is developed in which education transforms low … who only receive wage income into one in which education and human capital play a major role. We show than an expansion in … education can have a positive effect on growth but by altering the distribution of income rather than by fostering technological …

majority racial groups that had during colonialism been highly segregated in terms of education, occupation, industry and … heterogeneity both in terms of segregation and wage gaps across education levels, occupations, industries and sectors. Racial wage … decomposition techniques, this study furthermore provides evidence of large heterogeneity in returns to education and a shift in the …

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 …

also provides a novel microfoundation for peer effects, with empirical implications for welfare and different education …

This paper investigates the relationship between education and training provided by the firm, both on the job and off … education and off the job training. We also find that education and training are technical complements, especially in the case …