This paper estimates the steady state growth rate for Scandinavian countries with a “knowledge economy” approach. We shall use an extended version of the Solow (1956) growth model, in which total factor productivity is assumed to be a function of human capital (measured by average years of...

This paper analyzes the macroeconomic role that different household groups play in human capital formation, sectoral growth and income distribution in Rwanda. Using a disaggregated SAM for Rwanda and with the assistance of structural path analysis, the paper explores the macroeconomic...

This paper aims to provide a detailed socio-economic analysis of the town of Carbonia yielding insights which could serve as a stimulus and reflection, in order to guide policy makers to the adoption of public policies that could relaunch the town and the territory, making them more competitive...

There is a consensus that one of the most important ingredients for high and sustainable growth is human capital accumulation. Yet, a different strand of literature argues that there are some frictions in the labor markets of most countries that result in possible education-occupation...

The paper is devoted to a critical analysis of a number of key theories by Gary S. Becker. It is commonly believed that his main accomplishment lies in the extension of the scope of an economic analysis to include numerous traditionally considered as non-economic phenomena. This extension,...

Is it true that communist countries had well-developed human capital, or is it just a myth? What were human capital stocks at the beginning of transition to market economy? What happened to human capital formation during the transition? We attempt to answer these questions using evidence from...

What is the level of accumulated human capital in an economy in transition? Does education determine labour income in transition economies? In this study we try to answer these questions using data on 148,942 employees in 13 economic activities in Bulgaria. In the first place, we refer to the...

In this paper we study the net effect of high-skilled emigration. Hence, we elaborate a simple theoretical model that studies the net effect of high-skilled emigration. The result showed that the emigration in the case where the fraction of human capital that emigrates is inferior to the...

Researchers have consistently shown that the stock of human capital in an area, measured as the share of the adult population with a college degree, is a strong predictor of future population growth. This paper examines this relationship for U.S. non-metropolitan counties and posits that student...

This study identifies and evaluates determinants of employees’ job and residential mobility. It examines mobility of fulltime employees in selected sectors in 2003/2004, using register data provided by Statistics Netherlands. We estimate a multinomial model of job and residential change. The...