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to college education. We argue that Duncan and Hoffman's augmented wage equation "the workhorse model in the … underschooling is at best loosely related to this original motivation. We discuss measurement and estimation issues and give an …
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insight relevant to any nation's educational context. -- Returns to education ; GED ; dropouts ; graduation rate …
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This paper presents a theoretical and empirical analysis of the role of life expectancy for optimal schooling and lifetime labor supply. The results of a simple prototype Ben-Porath model with age-specific survival rates show that an increase in lifetime labor supply is not a necessary, nor a...
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