Mostrando ítems 1-10 de 12
Schooling and National Income: How Large Are the Externalities? Revised Estimates
This article presents revised estimates of the external rates of return on investment in schooling provided in “Schooling and National Income: How Large Are the Externalities?” The analysis is based on data for the same ...
The role of cognitive skills in economic development revisited.
Students’ test scores at ages 9 to 15 are a measure of their skills as workers five to 55 years later. Using historic data on test scores and school attendance, I calculate the share of workers in 2005 that could have ...
Increases in human capital and growth: new data, more conclusive results.
Using a new data set for human capital/adult, I show that changes in human capital cause economic growth in 56 countries over the 1985 to 2005 period. I show that these results are superior to results using average schooling ...
The role of education in economic growtht: theory, history, and current returns.
Evidence is presented that economic development requires both human capital and physical capital and that historically human capital has been the limiting factor in national development. Education has direct and indirect ...
Cognitive Skills, Schooling Attainment, and Schooling Resources: What Drives Economic Growth?
This paper presents evidence that students’ test scores at ages 9 to 15 are not a good proxy for a nation’s stock of human capital. Across countries test scores rise with increases in human capital up to $40,000/adult ...
La autoevaluación en la Universidad EAFIT: Fundamentos y modelos
(Universidad EAFIT, 2004-12-01)
This article presents the self evaluation model followed by EAFIT University, for the process of institutional accreditation and as a permanent model for the redefinition of the strategic institutional objectives and the ...
Does investment in schooling raise national income? Evidence from cross-country studies
The economics literature identifies three effects of schooling on national income; the direct effect on the earnings of the workers who receive the schooling and the external effects on workers’ earnings and on physical ...
Were Mankiw, Romer, and Weil Right? A reconciliation of the Micro and Macro Effects of Schooling on Income.
The marginal product of human capital in Mankiw, Romer, and Weil’s  augmented Solow model measures the direct and two external effects of human capital created from schooling on national income. If this model is ...
Midiendo el impacto del capital humano en el crecimiento económico de Corea del Sur
(Universidad EAFIT, 2007-04-15)
Schooling and National Income: How Large Are the Externalities?
(Universidad EAFIT, 2007-05-01)
This paper uses a new data set for cumulative national investment in formal schooling and a newinstrument for schooling to estimate the national return on investment in 61 countries. These estimates are combined with data ...