Capital–Skill Complementarity, Income Distribution, and Output Accounting (1975)

P. Fallon

Chapter 10 in Tackling Inequality, 1999, pp 172-197 from Palgrave Macmillan

Abstract: Abstract How quickly do the returns to education fall when the number of educated people rises? This has been a crucial question for the philosophy of educational planning, since the case for manpower forecasting and planning is stronger the less easy the process of substituting educated for less educated people.

Keywords: Human Capital; Physical Capital; Relative Wage; National Account Statistics; Capital Rental (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37528-4_10

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DOI: 10.1057/9780230375284_10

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