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Using data from the last 150 years in a small set of countries, and from the postwar period in a large set of countries, we show that large investments in state primary education systems tend to occur when countries face military rivals or threats from their neighbors. By contrast, we find that...
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We examine the contribution of human capital to economy-wide technological improvements through the two channels of innovation and imitation. We develop a theoretical model showing that skilled labour has a higher growth-enhancing effect closer to the technological frontier under the reasonable...
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Salop, Steve: Information and monopolistic competition. S. 240-245, mit bibliogr. Angaben …Grossman, Sanford J. and Joseph E. Stiglitz: Information and competitive price systems. S. 246-253, mit bibliogr …Riley, John G.: Information, screening and human capital. S. 254-260, mit bibliogr. Angaben …
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