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The impact of education on the subjective discount rate in Ugandan villages

Bauer, Michal; Chytilová, Julie - 2009

studies, we have found the discount rate to decrease with education. We examine this correlation further by testing the causal … effect of education and exploit two different sources of its variation: school frequency across villages and the number of … education has a significant impact on their discount rate, similar in magnitude for both types of instruments and robust to …

Persistent link: https://www.econbiz.de/10010268981

Optimal localized production experience and schooling

Marrewijk, Charles van; Vries, Casper G. de; Withagen, Cees - 1988

Persistent link: https://www.econbiz.de/10000760052

Measuring the Value of Better Schools

Black, Sandra E. - Federal Reserve Bank <New York, NY>; London School of … - 1998

[...]In this paper, I examine two methods of measuringthe value of better schools. One involves following individualsover time to determine how the quality of theirschooling affects outcomes later in their lives; the otherinvolves calculating parental valuation of better schoolstoday. I review...

Persistent link: https://www.econbiz.de/10005870215

Investing in People for the 21st Century

Huffman, Wallace E. - Iowa State University of Science and Technology <Ames, … - 2009

The paper draws upon the work of T.W. Schultz to show that human capital theory andlabor market adjustments have important implications for investing in people for the 21st Century.[...]

Persistent link: https://www.econbiz.de/10009360744