March 2010. <p>Human capital theory supports the view that people with higher levels of education and lower incidences of …. While wages are likely to be a reasonable indicator of the effects of education on labour productivity, statistical issues … chronic illness should have higher labour productivity. <p>Hourly wages can be used as an indicator of labour productivity …

concerned with productivity and competitiveness issues. Not surprisingly, formal education is the preferred and most … achieved through a better understanding of the relationship between the skills developed through formal education and their … points out, "the issue is not whether education has benefits but, rather, the magnitude of its 'true' benefits, the benefits …

productivity are interconnected. First we discuss two approaches in the human capital theory, stressing some difficulties that … the frequently obtained conclusion that investments in higher education are too low are doubtful. The tests also show the … importance of further education and training, especially on-the-job training. …

between population, education, health and social divergence and productivity. In the fourth section, three papers address the …

How valuable is formal education for entrepreneurs’ income relative to employees’? And if the income returns to formal … education are different for entrepreneurs vis-à-vis employees, what might be a plausible explanation? To explore these questions …, we analyze a large representative US panel. We show that entrepreneurs have higher returns to formal education than …

the comparative advantage of females in skill is reflected in their greater investment in education and in their selection …

returns to education are not significantly reduced by this omission bias but there is evidence of substantial returns to the … children from low SES groups. The implications of these results for education are developed. Parental attitudes are much more …