THE RATE OF RETURN IN ALLOCATING INVESTMENT RESOURCES TO EDUCATION1

Authors

  • Theodore W. Schultz

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    • 2

      I benefited much from colleagues, from dialogues with Yoram Ben-Porath and Zvi Griliches, from Harry G. Johnson's critical and clarifying pen, from incisive comments by Robert M. Solow, Dale W. Jorgenson, Edward F. Denison and Jacob Mincer, and from a correction and suggestions by Samuel Bowles, Martin Carnoy, W. Lee Hansen and Finis Welch.


  • 1

    Reprinted with permission of the copyright owners, the Regents of the University of Wisconsin, from T. W. Schultz, “The Rate of Return in Allocating Investment Resources to Education”, Journal of Human Resources, Vol. II, No. 3 (1967), the University of Wisconsin Press.

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