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continents and the rest of the world. There is a strong link between a country’s human capital and total factor productivity … productivity, with a striking geographic or regional divide. Human capital tends to be higher in Southern African and North African …
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This paper analyses the effects of labour market expectations and admission probabilities on students' application strategies to higher education. The starting hypothesis of this study is that students consider the expected utility of their choices, a function of expected net lifetime earnings...
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