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-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (Armed Forces … by heterogeneity while individual differences in hours worked and education explain the remaining part almost equally. We … reduction in the cost of higher education. Finally, because policy changes induce simultaneous movements in observed choices and …
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Even in OECD countries, where an increasing proportion of the workforce has a university degree, the value of basic skills in literacy and numeracy remains high. Indeed, in some countries the return for such skills, in the form of higher wages, is sufficiently large to suggest that they are in...
Persistent link: https://www.econbiz.de/10011434013
-based education policy. (3) There has been less work on the effects of educational inputs at the pre-school stage, and this may be a … incentives within education. (5) There is relatively less work surrounding the effects of inputs provided by parents and students …
Persistent link: https://www.econbiz.de/10011885547
We investigate whether increasing the education quality causes increases in economic growth allowing poorer countries … to catch up. To this end, we extend Nelson-Phelps's classic paper by introducing differences in education quality … education quality's impact on economic growth using a panel Vector Error Correction allowing for cross-correlation in the co …
Persistent link: https://www.econbiz.de/10014279244
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This paper aims to show the evolution of the role and importance of education in economic theory, especially in … of the role and importance of education in the development process. Presentation of the classification theory refers to … theories of interdependence of education and development (theory of human capital, human development and approach to the …
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