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Does Education Raise Productivity, or Just Reflect It?

Education has an important effect on wages but it not clear whether this is because education raises productivity or because education is simply a signal of ability. We implement a number of existing tests for discriminating between these two explanations and find that they do not support the... Full description

1st Person: Chevalier, Arnaud
Additional Persons: Harmon, Colm verfasserin; Walker, Ian verfasserin; Zhu, Yu verfasserin
Source: in The economic journal : the journal of the Royal Economic Society Vol. 114, No. 499 (2004), p. F499-F517
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Type of Publication: Article
Language: English
Published: 2004
Keywords: research-article
Online: Volltext
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