returns to schooling both for developed and developing countries. However, researchers have not made many attempts to identify … policy implications about the nature of the private vs. social returns to schooling. …

return to schooling and labor market experience. It begins with a presentation of Adam Smith's (1776) analysis of wage …) estimates internal rates of return from high school and college/university schooling, primarily for native-born white men, but … also for other demographic groups. The first regression-based approach is the development of the schooling …

return to schooling and labor market experience. It begins with a presentation of Adam Smith's (1776) analysis of wage …) estimates internal rates of return from high school and college/university schooling, primarily for native-born white men, but … also for other demographic groups. The first regression-based approach is the development of the schooling …

employment consisting of homemaker duties, unpaid work, forced labour, wages labour, informal sector, schooling, leisure and …

A well-established empirical literature suggests that individual wages are persistent. Several theoretical arguments … support this empirical finding. Yet, the standard approach to the estimation of schooling returns does not account for this … commonly used static-model estimators of schooling coefficients are subject to an omitted-variable bias which can be named …

education shows positive effects for the unemployed with respect to both the employment probability and wages. To explain the …