Delgado, Michael S.; Henderson, Daniel J.; Parmeter, … - Department of Economics, School of Business - 2011
Empirical economic research typically uses education as a proxy for human capital. However, research aimed at … validating the inclusion of education measures in growth regressions has yet to reach a consensus, often finding that the sign … and significance of education depends on the sample of observations or the specification of the model. The goal of this …