We offer an extensive summary and a critical discussion of the empirical literature on the impact of human capital on macro-economic performance, with a particular focus on UK policy. We also highlight methodological issues and make recommendations for future research priorities. Copyright...

We consider the identification and estimation of the average wage return to attaining educational qualifications when attainment is potentially measured with error. By exploiting two independent measures of qualifications, we identify the extent of misclassification in administrative and...

One of the most powerful critiques of the use of randomised experiments in the social sciences is the possibility that individuals might react to the randomisation itself, thereby rendering the causal inference from the experiment irrelevant for policy purposes. In this paper we set out a...