Human capital in a global and knowledge-based economy

Angel de La Fuente ()

UFAE and IAE Working Papers from Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC)

Abstract: This report is an extension and partial update of de la Fuente and Ciccone (2002). It constructs estimates of the private and social rates of return on schooling for fourteen EU countries using microeconometric estimates of Mincerian wage equations, the results of cross-country growth regressions and OECD data on educational expenditures, tax rates and social benefits. The results are used to draw some tentative conclusions regarding the optimality of observed investment patterns and educational subsidy levels.

Keywords: human capital; returns to education (search for similar items in EconPapers)
Pages: 81
Date: 2003-04-15
New Economics Papers: this item is included in nep-dev and nep-lab
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Citations: View citations in EconPapers (77)

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Related works:
Working Paper: Human capital in a global and knowledge-based economy (2003)
Working Paper: Human capital in a global and knowledge-based economy (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:aub:autbar:576.03

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