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Direct linkKamdjou, Herve D. Teguim – Open Education Studies, 2023
This article revisits the Mincer earnings function and presents comparable estimates of the average monetary returns associated with an additional year of education across different regions worldwide. In contrast to the traditional Ordinary Least Squares (OLS) method commonly employed in the literature, this study applied a cutting-edge approach…
Descriptors: Outcomes of Education, Artificial Intelligence, Human Capital, Regression (Statistics)
Haveman, Robert H.; Bershadker, Andrew; Schwabish, Jonathan A. – 2003
This book provides an introduction to earnings capacity (EC), a measurement of human capital, and its application to a research study of potential earned annual income over a 25-year period. Focus is on qualitative aspects of EC such as race, age, gender and education and its utilization. Chapter 1 is an introduction. Chapter 2 reviews existing…
Descriptors: Capital, Definitions, Demography, Economic Development
