The highest levels of education among the adult (age 25 and over) population in a country were

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The highest levels of education among the adult

(age 25 and over) population in a country were no schooling, 1%; partial primary, 3.4%;

complete primary, 8.8%; incomplete secondary, 22.1%; complete secondary, 43.4%; incomplete higher, 7.6%; and complete higher, 13.7%.

Using the data in Table 6.2, calculate the fraction of wages that represented return to human capital.

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Economic Growth

ISBN: 398458

3rd International Edition

Authors: David N Weil

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