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The correlation between education and earnings - a reply

✍ Scribed by M. Blaug

Publisher
Springer
Year
1972
Tongue
English
Weight
407 KB
Volume
1
Category
Article
ISSN
0018-1560

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✍ Peter Wiles πŸ“‚ Article πŸ“… 1974 πŸ› Springer 🌐 English βš– 845 KB

The Human Capital theory, as ordinarily defined, is a "content" theory of the economic value of a higher education to its recipient or his employer. But non-vocational higher education offers by definition no such content. So why does it yield a higher income? Various theories are examined: 1) The