Descripción completa.

This paper reviews and interprets the literature on the effect of
school resources on students‘ eventual earnings and educational
attainment. In addition, new evidence is presented on the impact
of the great disparity in school resources between black and white

Labor supply research has not yet produced a clear statement of the size of
the labor supply elasticity nor how it should be measured. Measurement error in
hourly wage data and the use of inappropriate identifying assumptions can account
for…