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Caruso, German Daniel; Marcos, Inés de; Noy, Ilan - 2023

Climate change severely impacts critical facets of human capital across the life cycle. This is particularly alarming as both the frequency and intensity of extreme weather shocks continue to increase, and extremes appear to be the main channel of causality. At the same time, human capital has a...

Persistent link: https://www.econbiz.de/10014357808

Knowledge Remittances : Does Emigration Foster Innovation?

Fackler, Thomas - 2019

contributes to innovation in source countries. We use changes in the labour mobility legislation within Europe as exogenous … driven by knowledge flows that are triggered by emigrants. While skilled migrants are not inventing in their home country … anymore, they contribute to cross-border knowledge and technology diffusion and thus help less advanced countries to catch up …

Persistent link: https://www.econbiz.de/10012892171

What accounts for international differences in student performance?

Fuchs, Thomas; Woessmann, Ludger - 2004

We use the PISA student-level achievement database to estimate international education production functions. Student characteristics, family backgrounds, home inputs, resources, teachers and institutions are all significantly related to math, science and reading achievement. Our models account...

Persistent link: https://www.econbiz.de/10010261226

International capital market integration, educational choice and economic growth

Egger, Hartmut; Egger, Peter; Falkinger, Josef; … - 2005

This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take into account that participation in higher education is noncompulsory and depends on individual choice. Integration increases (decreases) the incentives to participate in higher...

Persistent link: https://www.econbiz.de/10010261393

The economics of international differences in educational achievement

Hanushek, Eric Alan; Woessmann, Ludger - 2010

An emerging economic literature over the past decade has made use of international tests of educational achievement to analyze the determinants and impacts of cognitive skills. The cross-country comparative approach provides a number of unique advantages over national studies: It can exploit...

Persistent link: https://www.econbiz.de/10010274187

Reputation, price, and death: an empirical analysis of art price formation

Ursprung, Heinrich W.; Wiermann, Christian - 2008

We analyze how an artist's death influences the market prices of her works of art. Death has two opposing effects on art prices. By irrevocably restricting the artist's oeuvre, prices, ceteris paribus, increase when the artist dies. On the other hand, an untimely death may well frustrate the...

Persistent link: https://www.econbiz.de/10010276896

Occupations Shape Retirement Across Countries

Sauré, Philip U.; Seibold, Arthur; Smorodenkova, Elizaveta - 2023

We study how occupations shape individual and aggregate retirement behavior. First, we document large differences in individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is strongly correlated with U.S. occupational retirement...

Persistent link: https://www.econbiz.de/10014358043

The Role of Institutions and Immigrant Networks in Firmsâ€™ Offshoring Decisions

Moriconi, Simone - 2019

The offshoring of production by multinational firms has expanded dramatically in recent decades, increasing these firms’ potential for economic growth and technological transfers across countries. What determines the location of offshore production? How do countries' policies and...

Persistent link: https://www.econbiz.de/10012892039

COVID-19, Working from Home and the Potential Reverse Brain Drain

Bakalova, Irina; Fidrmuc, Jan; Berlinschi, Ruxanda; … - 2021

The COVID-19 pandemic has led to a substantial increase in the prevalence of working from home among white-collar occupations. This can have important implications for the future of the workplace and quality of life. We discuss an additional implication, which we label reverse brain drain: the...

Persistent link: https://www.econbiz.de/10013224096

Environmental policy design and the fragmentation of international markets for innovation

Johnstone, Nick; Hascic, Ivan - 2009

environmentally-related taxes and tradable permits is likely to lead to greater technological innovation than more direct forms of … aspects of product and labour market regulation which have implications for technological innovation, such as product and …

Persistent link: https://www.econbiz.de/10010266020