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average human capital stock in a region on individual wages, considering regional human capital as a local public good. Indeed …, the regional fraction of high-skilled workers or the region’s average educational attainment appears with a positive and …
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This paper presents new evidence on the social returns to education within a macroeconomic growth regression framework …. I use improved schooling data and a macro version of the Mincer relationship between education and wages for individual … workers. The results suggest that an increase by one year of the average education level of the labor force would increase …
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