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By allowing agents to switch from entrepreneurship to wage work and vice versa over the life cycle, this study proposes a dynamic Jacks-of-All-Trades (JAT) model where entrepreneurs invest in highly varied skills to manage their business. We simultaneously endogenize human capital investment and...
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Using data from a rural household survey for the People's Republic of China in 2009, we examine the impact of parental migration on children's educational outcomes. Consistent with the findings of a large empirical literature, we find that parental migration has a significantly negative impact...
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Data from nine transition economies in Central and Eastern Europe are used to examine the role of computer adoption for returns to education. As in western economies, computers are adopted most heavily by young, educated, English-speaking workers with the best access to local telecommunications...
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Estonia, which adopted relatively free labor market policies early in its transition, experienced rapid increases in returns to human capital Ntilde; rising returns to education and rising relative wages for younger educated workers, but declining returns to experience for older workers with...
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