aggregate capital accumulation or aggregate relative price differences. More generally, the model can be used to generate … differences in capital accumulation, relative prices, and measured TFP …

that these effects can result from policies that do not rely on aggregate capital accumulation or aggregate relative price … differences. More generally, the model can be used to generate differences in capital accumulation, relative prices, and measured …

rely on aggregate capital accumulation or aggregate relative price differences. More generally, the model can be used to … generate differences in capital accumulation, relative prices, and measured TFP. …

This paper investigates the presence of a network externality which might explain the persistence of low schooling … achievements among internal migrants. A simple analytical framework is presented to show how an initial human capital disparity … networks. We test empirically whether young migrants�schooling decisions are affected by the presence of covillagers at …

life expectancy has a positive effect on schooling but a negative effect on expected lifetime labor supply. This paper …

How much would output increase if underdeveloped economies were to increase their levels of schooling? We contribute to … generated by more schooling. The advantage of our approach is that the upper bound is valid for any number of schooling levels … forms of endogenous technology response to changes in schooling. We also quantify the upper bound for all economies with the …

Consider the following facts. In 1950 the richest ten-percent of countries attained an average of 8 years of schooling … whereas the poorest ten-percent of countries attained 1.3 years, a 6-fold difference. By 2005, the difference in schooling … declined to 2-fold. The fact is that schooling has increased faster in poor than in rich countries. What explains educational …