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Página 154
There are two ways in which schooling may affect the production cum learning process described by ( 1 ) and ( 3 ) . First , schooling may increase the precision of the prior such that pop 。( E ) , p % > 0 , where E = schooling .
There are two ways in which schooling may affect the production cum learning process described by ( 1 ) and ( 3 ) . First , schooling may increase the precision of the prior such that pop 。( E ) , p % > 0 , where E = schooling .
Página 156
High - tech and high - schooling returns are thus not necessarily linked , as seen in the contraceptive revolution . The introduction of new technologies can , however , raise the returns to schooling if the new technology increases ...
High - tech and high - schooling returns are thus not necessarily linked , as seen in the contraceptive revolution . The introduction of new technologies can , however , raise the returns to schooling if the new technology increases ...
Página 157
Moreover , farmers without experience and with no schooling actually incurred lower profits when they cultivated with HYV seeds ; schooling , however , reduces by 82 percent the losses for inexperienced farmers .
Moreover , farmers without experience and with no schooling actually incurred lower profits when they cultivated with HYV seeds ; schooling , however , reduces by 82 percent the losses for inexperienced farmers .
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Evidence? | 17 |
The Effect of Institutions on Economic Behavior | 409 |
Theory of Contracts | 432 |
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aggregate analysis assume average bank behavior benefits capital central changes choice coefficient condition consumption contract correlation cost countries decision demand depends discussion Economic effect employment equal equation equilibrium estimates evidence example expected firms function given growth higher households important income increase individual industry inflation interest International issue Journal labor less lower marginal mean measure ment monetary Notes observations output percent period player political population positive possible preferences Press probability problem question ratio reduce regression relative reported Research response Review risk rules sample schooling sector shocks significant social spending standard statistically studies suggests Table theory tion trade transfer United University utility variables wage welfare workers