The positive relationship between years of education and income at the individual level is a well established empirical relationship. Decades of estimation of mincerian wage regressions have lead to a plethora of estimates of the elasticity of wages to additional years of educational attainment. At the macroeconomic level, however, finding a robust empirical relationship between measures of educational attainment and long-run economic growth turns...
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2008/01/01
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Informativo
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46269
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1
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1
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2010/07/01
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Disclosed
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Human capital and economic growth
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international institute for applied systems analysis
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