also provides a novel microfoundation for peer effects, with empirical implications for welfare and different education …

calibrated version we and that education always increases if life expectancy rises but the effect on the capital stock is still … potentially offsetting effects at work in models with endogenous education and overlapping generations which is key for …

Education is argued to be an important driver of the decision to start a business. The measurement of its influence … US. Theeffect of education on the decision to become self-employed is found to be strongly positive,much higher than the … estimated effect in case no instrumental variables are used. That is, thehigher the respondent's level of education, the greater …

where workers obtain their own set of suitable and unsuitable high-skilled labor tasks by receiving education. Under a … rational expectation, they receive education. We show that as a consequence of the increased automation of high-skilled tasks …

This chapter explores the effects of education on nonmarket outcomes from both theoretical and empirical perspectives …-being reflected by their health and cognitive development. They are distinguished from the labor market outcomes of education in terms … of higher earnings and wage rates. The focus is on identifying causal effects of education and on mechanisms via which …

This review describes the research frontier on human capital and education in economics research. It delineates what is … aims. First, it draws out the implications for key education policy issues, highlighting which policy ideas can be …

the costs of child education: from time costs to monetary costs …

aftermath since returns to education diminish. Even more importantly, the impact of acquired noncognitive skills on various …