The paper provides a quantitative assessment of social returns to education in Italy. It shows that, after controlling … for individual characteristics, local average human capital is positively correlated with individual wages, with estimated …

1950s/early 1960s greatly expanded the research on education and income and shifted the focus to wages. The human capital …This chapter discusses the large literature and numerous issues regarding education-related differences in income in … estimating the returns to education and experience. Recent analyses of education and wages have built on this foundation and have …

"Guest workers" earn higher wages overseas on temporary low-skill employment visas. This wage effect can quantify …

We develop and estimate a joint model of the education and teacher-expectation production functions that identifies …

Success in life increasingly depends on key skills that allow people to thrive in education, the labor market, and …

To our knowledge, this paper provides the first study evaluating the effects of higher education for adults on the … education in 1992-1993. Our sample is aged 42-55 at the time of enrollment and thus aged 60-73 in 2010. We find that higher … education increases labor market survival rates when aged 61-66 by about 5 percentage points. The estimates represent relatively …