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General Equilibrium Cost Benefit Analysis of Education and Tax Policies

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NBER1999-01-01 更新2025-01-04 收录
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This paper formulates and estimates an open-economy overlapping generation general-equilibrium model of endogenous heterogeneous human capital in the form of schooling and on-the-job training. Physical capital accumulation is also analyzed. We use the model to explain rising wage inequality in the

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1999-01-01
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