Educational level, GDP & wages : a study on the direction of causality

This paper examines the causal relationships between labour force education levels and real GDP per capita, as well as average real wages in Singapore from 1980 to 2009. As investment in education is generally costly and any potential benefits are not immediately realised or observable, it is of eco...

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Bibliographic Details
Main Authors: Ang, Hock Yick, Pan, Zheng Hong, Lim, Sajeev Prasad
Other Authors: Chew Seow Lung, Rosalind
Format: Final Year Project
Language:English
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10356/48614
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Institution: Nanyang Technological University
Language: English