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Allocative Efficiency: The Role of Human Capital

Wallace E. Huffman

The Quarterly Journal of Economics · 1977 · Volume 91 · Issue 1

DOI: 10.2307/1883138

Abstract

I. Introduction, 59.—II. The model, 62.—III. Empirical analysis, 66.—IV. Further implications, 74.—V. Conclusions, 77.—Appendix: data and sources, 77.

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