The paper presents evidence on the over-time behavior of the rate of return to investment in education in a large number of countries. The emerging pattern is one of declining returns through time, a fact that is interpreted in the context of alternative theories on the relationship between education and earnings, such as human capital, screening, labor market segmentation and the maintenance of the status quo from generation to generation. The evidence...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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1987/06/30
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Рабочие документы (нумерованная серия)
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EDT94
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1
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1
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2010/07/01
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Time trends of the returns to education cross-national evidence
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return to education