Formal schooling increases earnings and provides other individual benefits. However, societal benefits of education may … exceed individual benefits. Research finds that increased average education levels in an area are correlated with higher … earnings, even for locals with relatively little education. Science, technology, engineering, and mathematics (STEM) graduates …

Most empirical investigations of the effects of cognitive skills assume that they are produced by schooling. Drawing on …

Formal schooling increases earnings and provides other individual benefits. However, societal benefits of education may … exceed individual benefits. Research finds that increased average education levels in an area are correlated with higher … earnings, even for locals with relatively little education. Science, technology, engineering, and mathematics (STEM) graduates …

From the point of view of economic development, education is the acquisition of knowledge and skills through … experiences from conception onwards over the life cycle that increase productivity broadly defined. Education can occur through …. The proximate determinants of education are experiences or inputs into knowledge and skills production functions. Within a …

supply of university graduates on wages, i.e. the social return to education. … relationship between agglomeration externalities and the level of education. While the positive relationship between economic … density and productivity and wages has long been established in the economic literature, less is known about the effects of …

paradata. Fraction answered captures a third of the effect of cognitive ability on wages and education. We provide a simple …

not match their educational level, settling for lower wages than their peers. This raises the question, how these …