What explains schooling differences across countries?
成果类型：
Article
署名作者：
Cordoba, Juan Carlos; Ripoll, Marla
署名单位：
Iowa State University; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
刊物名称：
JOURNAL OF MONETARY ECONOMICS
ISSN/ISSBN：
0304-3932
DOI：
10.1016/j.jmoneco.2012.12.005
发表日期：
2013
页码：
184-202
关键词：
摘要：
This paper provides a theory that explains the cross-country distribution of average years of schooling, as well as the so called human capital premium puzzle. In our theory, credit frictions as well as differences in access to public education, fertility and mortality turn out to be the key reasons why schooling differs across countries. Differences in growth rates and in wages are second order. (c) 2013 Elsevier B.V. All rights reserved.
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