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

; beliefs ; political economy ; labor market reform ; occupational choice ; education ; employment protection ; civil service …

education in schools and universities to noninstitutional forms of learning such as home study. The dynamic effects of shifts in … education policy as well as their welfare implications are also calculated in the paper. -- education ; human capital …

student effort) constant. The main parameters governing this difference are the extent to which inputs in the education … on student ability, the student's distaste for effort and the curvature of the education production with respect to …

what is observed and any resulting policy recommendations.This paper considers an area of education policy, namely the use … of teacher value added measures to improve education outputs and increase per capita GDP. The arguments, approaches and … key variables are assessed. The authors combine an understanding of economics methodology and education research and …

With the beginning of the new millennium it has become more and more apparent that education and human capital … much and what kind of education to obtain. This literature review aims at providing a better understanding of the process … the expected returns to education. After this, we investigate the different implications of investments in general and …