, it shows that the comparative advantage of females in skill is reflected in their greater investment in education and in …

Contemporary views on the determinants of economic growth place education in centre stage. Yet the way in which … education affects growth is not yet well understood. This paper begins by surveying the recent literature on the factors that … affect growth, paying particular attention to education. It then proceeds to estimate a comprehensive model of growth …

of Monetary Economics, 22(1):3-42], assuming that households optimally allocate consumption and education over the life … transformation allows us to rigorously prove the existence of a singular control describing the allocation of education time along a … equilibrium framework in which an agent always chooses part-time education and part-time work, in our framework such an agent …

of educated people in order to commence production. In such a situation, with education choices being endogenous …, coordination failure can arise in the choice of education. This is because one person's choice depends on whether sufficient other … people are choosing education to allow the advanced sector to commence production. The paper sets out a simple two …

schooling databases. Contrary to a few recent papers that have identified significant nonlinearities between education and …

We analyze the optimal life-cycle education decision of a single atomistic individual and show that the standard result … of part-time education and part-time work throughout the life-cycle holds only under very special and unrealistic … assumptions. Once these assumptions are relaxed, different education strategies become optimal. These range from switching back …

This paper surveys the empirical and theoretical link between education and growth in the growth process of Asian … countries. Particular attention is paid to the link between education and productivity, and to models that characterize key … education. …

dramatic augmentation of working population with vocational education relative to general education. This is consistent with … the recent literature, which argues that the ratio of vocational-to-general education tends to be higher in middle …-income countries. We explore an analytical approach to open up fresh insights into the composition of secondary education and prove the …

education and associated years of schooling have expanded substantially in developing countries in recent years. But has this … improvements in the access to the education system and in educational outcomes across the welfare distribution between and within … schooling years. We find great heterogeneity in the distribution of progress of education, with very little pro-poor progress in …