In this paper we focus on education as a private decision to invest in ‘human capital’ and the estimation of the rate … regression methods where the estimated return is obtained as the coefficient ona years of education variable in a log wage … effect on the earnings of an individual from participation in education. Moreover, the size of the effect seems large …

We explore education's role in improving the allocation of labor between China's agricultural and nonagricultural … find that education's impact on labor reallocation between sectors accounts for about 9 percent of Chinese growth, whereas … large productivity gaps across sectors and returns to education are greater in higher-productivity sectors, education policy …

The future of higher education and its relationship to economic growth were the focus of a one-day conference at the … Higher Education Compact, the event brought together over 100 academic, business, and government leaders. …