Similar Search Results

Competing Engines of Growth : Innovation and Standardization

Acemoglu, Daron - 2010

We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …

Persistent link: https://www.econbiz.de/10012462712

Learning to Take Risks? The Effect of Education on Risk-Taking in Financial Markets

Black, Sandra; Devereux, Paul J.; Lundborg, Petter; … - C.E.P.R. Discussion Papers - 2015

We investigate whether acquiring more education when young has long-term effects on risk-taking behavior in financial markets and whether the effects spill over to spouses and children. There is substantial evidence that more educated people are more likely to invest in the stock market....

Persistent link: https://www.econbiz.de/10011249373

The Tower of Babel in the Classroom: Immigrants and Natives in Italian Schools

Ballatore, Rosario Maria; Fort, Margherita; Ichino, Andrea - C.E.P.R. Discussion Papers - 2015

We exploit rules of class formation to identify the causal effect of increasing the number of immigrants in a classroom on natives test scores, keeping class size constant (Pure Composition Effect). We explain why this is a relevant policy parameter although it has been neglected so far. We show...

Persistent link: https://www.econbiz.de/10011145440

Improving Educational Outcomes in Slovenia

Eris, Mehmet - Economics Department, Organisation de Coopération et … - 2011

Overall, the education system fares well by international comparison. Slovenia has one of the highest shares of the population aged 25 to 64 to have completed at least upper secondary education, and ranks high in international educational achievement tests. Nevertheless, in some areas, reforms...

Persistent link: https://www.econbiz.de/10009386329

Less Income Inequality and More Growth – Are They Compatible? Part 2. The Distribution of Labour Income

Koske, Isabell; Fournier, Jean-Marc; Wanner, Isabelle - Economics Department, Organisation de Coopération et … - 2012

This paper explores the role of macroeconomic factors and structural policies in shaping the distribution of labour income. Technological change and globalisation play at least some role in driving inequality patterns, but structural policy can also have an important influence on inequality...

Persistent link: https://www.econbiz.de/10009393771

Less Income Inequality and More Growth – Are they Compatible? Part 7. The Drivers of Labour Earnings Inequality – An Analysis Based on Conditional and Unconditional Quantile Regres...

Fournier, Jean-Marc; Koske, Isabell - Economics Department, Organisation de Coopération et … - 2012

Unconditional and conditional quantile regressions are used to explore the determinants of labour earnings at different parts of the distribution and, hence, the determinants of overall labour earnings inequality. The analysis combines several household surveys to provide comparable estimates...

Persistent link: https://www.econbiz.de/10009393773

Less Income Inequality and More Growth – Are They Compatible? Part 1. Mapping Income Inequality Across the OECD

Hoeller, Peter; Joumard, Isabelle; Pisu, Mauro; Bloch, Debra - Economics Department, Organisation de Coopération et … - 2012

Countries differ widely with respect to the level of labour income inequality among individuals of working age. Labour income inequality is shaped by differences in wage rates, hours worked and inactivity rates. Individual labour income inequality is the main driver of household market income...

Persistent link: https://www.econbiz.de/10009393776

Education Reform in Japan

Jones, Randall S. - Economics Department, Organisation de Coopération et … - 2011

increase human capital and boost the role of universities in innovation. Given the serious fiscal situation, reforms to further … universités à l’innovation. Compte tenu des graves difficultés budgétaires du pays, il est nécessaire de lancer des réformes …

Persistent link: https://www.econbiz.de/10009291573

Segregation in Education and Labour Market Discrimination: The Role of Peer Beliefs

Levy, Gilat; Razin, Ronny - C.E.P.R. Discussion Papers - 2015

In this paper we examine the long term effects of socialization and segregation in schools, on labour market outcomes. We incorporate a model of “informational” peer influence by which beliefs of pupils are affected by exposure to other pupils’ posterior beliefs. Specifically, we focus on...

Persistent link: https://www.econbiz.de/10011165664

Heterogeneity in Expected Longevities

Pijoan-Mas, Josep; Ríos-Rull, José-Víctor - C.E.P.R. Discussion Papers - 2012

We develop a new methodology to compute differences in the expected longevity of individuals who are in different socioeconomic groups at age 50. We deal with the two main problems associated with the standard use of life expectancy: that people's socioeconomic characteristics evolve over the...

Persistent link: https://www.econbiz.de/10011084175