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Investments in education: Too much or not enough?

Peter H. van der Meer

Economics Letters, 2009, vol. 102, issue 3, 195-197

Abstract: This paper shows that both the external effects and overeducation approach use the same empirical wage equation to test empirical implications. It proves that at least one of the approaches is invalid or needs other methods to test its implications.

Keywords: Economic; development; External; effects; Human; capital; Rate; of; return; Overeducation (search for similar items in EconPapers)
Date: 2009
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