Manda, Damiano Kulundu; Mwabu, Germano; Kimenyi, Mwangi S. - Department of Economics, University of Connecticut - 2004
We use micro data to analyse the effect of human capital externality on earnings and private returns to education. The earnings equations are estimated using the OLS method for a sample of full-time workers. The results show that human capital has a positive effect on earnings, indicating that...