Lange, Fabian; Topel, Robert - In: Handbook of the economics of education : volume 1, (pp. 459-509). 2006
human capital, specifically education. This literature has two main strands. First, much of modern growth theory puts human … capital at center-stage, building on older notions of human capital externalities as an engine of economic growth. Empirical … within countries, is meager. There is a strong association between average earnings and average education across nations and …