Lartigue-Mendoza, Jacques; Domínguez, Salomón - In: Revista finanzas y política económica 15 (2023) 1, pp. 67-104
of wages on the workers' human capital intertemporal investment decisions and the existence of a virtuous dynamic cycle … between wages and human capital. Among the desired characteristics of the proposed model is that it has an analytical solution … model predicts two benchmark human capital gross returns and their corresponding wages, by levels of education. Below the …