Education, Human Capital, and Growth: A Personal Perspective
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NBER Working Paper No. 5426
Issued in January 1996
NBER Program(s): LS PR
This paper reviews the literature on the relationship of economic growth to the education levels of the labor force. The emphasis is on Ben-Porath's contribution to some of the issues in this field: the endogeneity of schooling, the role of the public sector as an `absorber' of educated labor, and the importance of personal human capital created by investments in reputation and personal relationships, the F-connection.
Published: Journal of Labor Economics, 15(1), pt.2, 1997, S330-S344.
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