Wolter, Stefan C.; Weber, Bernhard A. - In: Journal of Economics and Statistics (Jahrbuecher fuer … 218 (1999) 5+6, pp. 605-618
-university) leads to an undesirable redistribution of income "from the bottom up". The calculation of private rates of return is one way … of answering this and other questions. This article proposes a new model for calculating private rates of return to …