Model of educational attainment better explains these facts
Course:- Business Economics
Reference No.:- EM13795688

Assignment Help >> Business Economics

Consider the following facts. After the age of 25, persons with college degrees earn more than persons with no education beyond their high school degrees, ceteris paribus. Moreover, persons with high school degrees earn the same as persons who have had some college training no matter the number of years of college but never complete their degree, ceteris paribus. Which model of educational attainment better explains these facts (and why)?

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Business Economics) Materials
Systems and equipment for communication, transportation, and sanitation make up. In developing countries, on average, nearly ___ of the labor force is employed in the agricult
Two banks (Franklin and Lincoln) compete for customers in the growing city of Logantown. Both banks are considering opening a branch office in one of three new neighborhoods: 
An increase in planned savings, all else held constant, will always result in a. a slowdown in the circular flow of income b. an increase in the circular flow c. an increase i
For this assignment, you are required to research data related to an economic issue or situation relevant to your organization or a business organization in general. Use the B
After years of civil war, the Republic of South Sudan must rebuild its infrastructure from scratch. Its government is eager to encourage infrastructure investment by private i
The regressive impact of carbon taxes could be addressed by using tax revenues to favor low-income groups. The low-income families, who already spend a larger proportion of th
The market demand for woozles is given by: There is only one available technology, and it is employed by all producers actual and potential. It implies the following average
In chapter 1 of the textbook, Financial Institutions Management: A Risk Management Approach, 8th edition, the case is made that commercial banks and other depository instituti