Polachek, Solomon W. (contributor) - 2007
resulted in studies deriving methods to estimate private (Becker, 1964) and
social rates of return (Psacharopoulos, 1985 … return studies “provide us strong evidence that schooling
is a powerful investment in a wide variety of settings … a
decreasing rate throughout one’s life until depreciation exceeds human capital
accumulation. Early studies (Mincer …