Returns to education
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Returns to education in European countries
The Content
1 Introduction
2 The causality between education and wages
3 Data
4 Methodology
5 Empirical results
6 Conclusion

Introduction
The private rate of return to education is the yield on the
investment in education that is received by the person making
the investment
The social rate of return to education measures the yield to
society from the resources given to education.
The monetary returns refer to the wage effects of education
Non-monetary effects include the effects of education on
health and well-being.
The private returns and the externalities or spillover effects of
education
Ovaj materijal je namenjen za učenje i pripremu, ne za predaju.
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