The education and application of skills in it is an essential prerequisite for the growth and development of each national economy in the future. Investing in education and skills development are essential incentive for raising the growth and competitiveness of each country and its participation...

The study analysed household-level data derived from the latest GLSS VII collected as part of a 2016-2017 national survey in Ghana and focused on examining households' annual expenditure on education. The driving force behind this study was the lack of an empirical analysis of household spending...

The study analysed household-level data derived from the latest GLSS VII collected as part of a 2016-2017 national survey in Ghana and focused on examining households' annual expenditure on education. The driving force behind this study was the lack of an empirical analysis of household spending...

Researchers claim that children growing up away from their biological parents may be at a disadvantage and have lower human capital investment. This paper measures the impact of child fostering on school enrollment and uses household and child fixed effects regressions to address the endogeneity...

This paper first describes the educational system in Turkey and the two national examinations for advancing upper levels of schooling which give raise to the demand for private tutoring called "dersane" in Turkish. Second, the evolution of the Private tutoring Centers (PTC) are described and...

The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...

The trade-off between child quantity and education is a crucial ingredient of unified growth models that explain the transition from Malthusian stagnation to modern growth. We present first evidence that such a trade-off indeed existed before the demographic transition, exploiting a unique...

Existing evidence, mostly from British textile industries, rejects the importance of formal education for the Industrial Revolution. We provide new evidence from Prussia, a technological follower, where early-19th-century institutional reforms created the conditions to adopt the exogenously...

As the time of leaving school determines the level of academic achievement this timing decision is central for the human capital investment decision. Real option theory offers a new perspective of the human capital investment decision under uncertainty and irreversibility. Unlike other...