Lange, Fabian; Topel, Robert - In: Handbook of the economics of education : volume 1, (pp. 459-509). 2006
human capital, specifically education. This literature has two main strands. First, much of modern growth theory puts human … within countries, is meager. There is a strong association between average earnings and average education across nations and … regions in the U.S. that exceeds the private returns to education. However, problems of omitted variables and endogeneity …