Belzil, Christian; Hansen, Jörgen; Liu, Xingfei - In: Quantitative economics : QE ; journal of the … 8 (2017) 3, pp. 895-927
Using a dynamic skill accumulation model of schooling and labor supply with learning-by-doing, we decompose early life … show how our model is a particularly useful tool to comprehend the distinctions between compulsory schooling and a … about the returns to education for those affected. This is especially true for compulsory schooling estimates as they exceed …