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We propose an innovation-driven growth model in which education is determined by family background and cognitive … ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers …, 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
For most of human history there existed a well-educated and innovative elite whereas mass education, market R&D, and … model for the very long run in which the individual-specific return to education is conceptualized as an compound of … determines whether an individual experiences education and a locally stable steady state at which education is determined by …
Persistent link: https://www.econbiz.de/10010346232
Persistent link: https://www.econbiz.de/10010250451
A core mechanism of unified growth theory is that accelerating technologicalprogress induces mass education and, in … technological progress on investmentsin education and a strongly negative one on fertility. Using two-stage regressions, we assess …
Persistent link: https://www.econbiz.de/10012208891
Persistent link: https://www.econbiz.de/10011796245
Persistent link: https://www.econbiz.de/10011623188
A core mechanism of unified growth theory is that accelerating technological progress induces mass education and, in … technological progress on investments in education and a strongly negative one on fertility. Using two-stage regressions, we assess …
Persistent link: https://www.econbiz.de/10013328306
A core mechanism of unified growth theory is that accelerating technological progress induces mass education and … gender wage gap, we establish (1) a significant impact of technological progress on education (positive) and fertility …
Persistent link: https://www.econbiz.de/10014308541