Contrary to employees, there is no clear evidence that entrepreneurs' education positively effects income. In this study we propose that entrepreneurs can benefit from their education as a signal during the recruitment process of employees. This process is then assumed to follow a matching of...

The regularly-updated database "Human capital in Spain and its distribution by provinces" provides information about the accumulation of human capital in Spain over the last five decades. The human capital estimates included in this database contain a wide range of information on how education...

This paper critiques the last decade of research on the effects of high-skill emigration from developing countries, and proposes six new directions for fruitful research. The study singles out a core assumption underlying much of the recent literature, calling it the Lump of Learning model of...

Studies on the intergenerational transmission of human capital usually assume a one-way spillover from parents to children. But what if children also affect their parents' human capital? Using exogenous variation in education, arising from a Swedish compulsory schooling reform in the 1950s and...

The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional variations in the adoption of steam engines across France, the study establishes that in contrast to conventional wisdom that views early industrialization as a predominantly...