Estimating Shadow Rates of Return to Investment in Education

1 January 1970

journal article
Published by JSTOR in The Journal of Human Resources

Vol. 5 (1) , 34
https://doi.org/10.2307/144623

Abstract

Internal rates of return to investment in education are estimated on the basis of the marginal social product of labor instead of the observed earnings. A compa...

Keywords

LABOR
EARNINGS
RATES OF RETURN
RETURN TO INVESTMENT
COMPA
MARGINAL SOCIAL
SHADOW RATES
ESTIMATING SHADOW

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