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ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers …We propose an innovation-driven growth model in which education is determined by family background and cognitive …, compulsory education is implemented first and triggers the onset of market R&D. According to the British way, market R&D is …
Persistent link: https://www.econbiz.de/10011392484
ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers …We propose an innovation-driven growth model in which education is determined by family background and cognitive …, compulsory education is implemented first and triggers the onset of market R&D. According to the British way, market R&D is …
Persistent link: https://www.econbiz.de/10013009852
For most of human history there existed a well-educated and innovative elite whereas mass education, market R&D, and … cognitive ability. Compulsory schooling can move society from elite education to mass education. An interaction between … model for the very long run in which the individual-specific return to education is conceptualized as an compound of …
Persistent link: https://www.econbiz.de/10014146209
For most of human history there existed a well-educated and innovative elite whereas mass education, market R&D, and … cognitive ability. Compulsory schooling can move society from elite education to mass education. An interaction between … model for the very long run in which the individual-specific return to education is conceptualized as an compound of …
Persistent link: https://www.econbiz.de/10010343330
ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers …We propose an innovation-driven growth model in which education is determined by family background and cognitive …, compulsory education is implemented first and triggers the onset of market R&D. According to the British way, market R&D is …
Persistent link: https://www.econbiz.de/10011431164
show that individuals with temporary disadvantages must exert greater effort to gain access to elite education. This …Elite skills have become crucial in today’s superstar economy. We develop a multi-period skill-formation model where we … year become the superstars. We also show that if young students discount the future “too much”, high requirements to elite …
Persistent link: https://www.econbiz.de/10012298682
of education inequality measures across age groups allows us to assess the effect of inter-generational education …
Persistent link: https://www.econbiz.de/10010432435
The famous Mincer equation regressing log earnings on years of schooling is derived from a linear human capital accumulation equation at the individual level. Even if the cross-sectional Mincer equation holds at the level of individuals, it does not hold at the macro level of countries because...
Persistent link: https://www.econbiz.de/10012729176
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 …
Persistent link: https://www.econbiz.de/10011596528
show that individuals with temporary disadvantages must exert greater effort to gain access to elite education. This …Elite skills have become crucial in today’s superstar economy. We develop a multi-period skillformation model where we … year become the superstars. We also show that if young students discount the future “too much”, high requirements to elite …
Persistent link: https://www.econbiz.de/10013315204