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Arrazola, M.; De Hevia, J.; Risueno, M.; Sanz, J. F. – Education Economics, 2003
In this article, rates of return to education for Spanish male employees are calculated and compared using different methods. We derive rates of return from the estimation of three alternative models of human capital. The rates of return obtained by each of these models are different when they are calculated by least squares. Nevertheless, when…
Descriptors: Outcomes of Education, Foreign Countries, Models, Least Squares Statistics