education in China appear to be zero. We estimate an instrumental variables fixed effects model where share of college graduates … is instrumented by the number of universities with special status and find positive external returns to education of … rural, men, and low-educated workers. This finding provides the motivation for increasing education investment in rural …

required to internalize global environmental externalities. Therefore we adopt a dynamic framework of two economies (i … international environmental externalities - both are empirically significant. Starting from noncooperation we investigate the …

consumption incentives. We show that these education decisions are socially inefficient. This result is driven by the fact that … students do not consider an externality in the working environment of acquiring education for investment purposes. We show when … and how it is possible to design tuition fees in such a way that students acquire the socially optimal level of education. …

capital accumulation may however become an engine of growth thanks to human capital externalities (knowledge spillovers). We …

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 …

introduced in 2011. Additional investments into secondary education will, as a rule, not cause life time income to raise enough … to compensate its costs. -- Early education ; demographic change ; inequality over the life span ; redistributive policy …

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 …

This review describes the research frontier on human capital and education in economics research. It delineates what is … aims. First, it draws out the implications for key education policy issues, highlighting which policy ideas can be …

also provides a novel microfoundation for peer effects, with empirical implications for welfare and different education …