Economics, Econometrics and Finance
8 years ago

Investing in post-schooling training boosts lifetime earnings potential.

1 view
Economics of Education Review
Potential earnings, post-schooling investment and returns to human capital
Philip K. Porter, Gerald W. Scully

Paper Summary

The article explores how job training investments affect earnings over time. By estimating potential earnings from observed earnings, researchers can calculate returns on post-schooling investments. This helps understand how investments in education pay off in the long run.

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