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Human capital and economic growth (Английский)

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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