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important justifications for government intervention in the market for education. In this study, I present evidence on whether … these externalities exist. I assess and implement two strategies for identifying the effects of educational attainment. One …
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This paper develops a theoretical model that relates changes in educational inequality to the combined effects of innovations that have increased the relative demand for more educated labor and innovations that have increased ability premiums. Under the assumption that in the long run individual...
Persistent link: https://www.econbiz.de/10012470518
Human capital is almost always identified as a crucial ingredient for growing economies, but empirical investigations of cross-national growth have done little to clarify the dimensions of relevant human capital or any implications for policy. This paper concentrates on the importance of labor...
Persistent link: https://www.econbiz.de/10012473468
ability to perform complex tasks. The data suggests that the sorting effect of education is an important determinant of …
Persistent link: https://www.econbiz.de/10012477669
The educational screening hypothesis states that beyond a certain point schooling functions as a signaling device to identify pre-existing talents. We test for the presence of screening by comparing the schooling and earnings of self-employed workers and of those employed by others in a sample...
Persistent link: https://www.econbiz.de/10012478955
This paper analyzes the non-market benefits of education and ability. Using a dynamic model of educational choice we … estimate returns to education that account for selection bias and sorting on gains. We investigate a range of non … patterns of returns that depend on the levels of schooling and ability. Unlike the monetary benefits of education, the benefits …
Persistent link: https://www.econbiz.de/10012453818
We investigate short and long-term effects of early childhood education using variation created by a unique policy …
Persistent link: https://www.econbiz.de/10012461572