period, first the post-World War baby boom and then the substantial increase in education led to higher economic growth than … otherwise expected. As the pace of increase in education slowed and the workforce aged toward the end of the period, human …

The economic returns to education in transition countries have been extensively evaluated in the literature. The … present study contributes to this literature by estimating the returns to education in Georgia during the last transition … period 2000–04. We find very low returns to education in Georgia and little evidence of an increasing trend in the returns …

This paper investigates two mechanisms through which education may affect cognitive skills in adolescence: the role of …. Overall, secondary education therefore seems to impact students'cognitive skills in adolescence especially through …

difference in favor of father's education over mother's education. …

The purpose of this paper is to provide an update of the empirical evidence on the private returns to education in … Italy. First, we show that, whilst returns to education in Italy (based on gross wages) are in line with the European … marginal return to the marginal cost of education – we speculate that either marginal costs are steeper in Italy or that a …

We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during … regressions of Mincer equations and analysing the differences in returns to education across the wage distribution and across time …. Four different patterns emerge: 1) a positive and increasing contribution of education upon within-levels wage inequality …

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

Justification for policies to encourage investments in education, particularly for individuals at the lower end of the … potentially loss averse around their expected outcome make risky investments in education and we draw on optimal tax theory to … preferences, standard risk aversion and labour supply behaviour, (ii) the risk properties of education, and (iii) the degree of …