We extend the standard human capital earnings function to include dispersion in the return to schooling by treating the return as a random coefficient. If the rapid expansion in participation in higher education has been ...
In this paper we extend the standard human capital earnings function to include dispersion in the rate of return to schooling by treating the return as a random
coefficient. One motivation is that if the increase in supply ...
We extend the standard human capital earnings function to include dispersion in the return to schooling by treating the return as a random coefficient (RC). If the rapid expansion in participation in higher education has ...