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period, first the post-World War baby boom and then the substantial increase in education led to higher economic growth than … otherwise expected. As the pace of increase in education slowed and the workforce aged toward the end of the period, human …
Persistent link: https://www.econbiz.de/10012213777
region in the World. Expected future levels of education, very young and youth population, youth employment and unemployment …
Persistent link: https://www.econbiz.de/10014334973
We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … circumstances in which there is either too much or too little innovation in (i) the ith region, (ii) the aggregate economy of N>2 …
Persistent link: https://www.econbiz.de/10011491971
Do policies that alter the allocation of human capital across individuals affect the innovation capacity of an economy … of an unequal one. As a result an inverted-U curve relating inequality and the innovation rate emerges, indicating that …
Persistent link: https://www.econbiz.de/10014059132
theory and empirical research. It is about education and health, i.e. the educational qualifications of employees and their … statistical significance, but higher education qualifications have proved to be an indicator of human capital with the greatest …
Persistent link: https://www.econbiz.de/10012266319
high levels of growth but very low levels of female schooling, and that deleting the female education variable would cast … doubt on the statistical significance of the male education variable. Deletion diagnostics and partial scatter plots are … sample and deleting female education from their growth equations is then examined. The results obtained point to the fragile …
Persistent link: https://www.econbiz.de/10014184328
Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or population growth, an implication which is hard to see in the data. Here we integrate microfounded fertility and schooling into an otherwise standard R&D-based growth model. We...
Persistent link: https://www.econbiz.de/10010289001
Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or population growth, an implication which is hard to see in the data. Here we integrate micro-founded fertility and schooling into an otherwise standard R&D-based growth model....
Persistent link: https://www.econbiz.de/10010352611
importance of human capital and education in economic growth. The time lag present causes additional restrictions in the …
Persistent link: https://www.econbiz.de/10011822835
of mass education and the demographic transition. The ongoing child quality-quantity trade-off during the transition …. Because growth in modern economies is based on the education of the workforce, the medium-run prospects for future economic …
Persistent link: https://www.econbiz.de/10009619095