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to reduce its labour costs. If the level of wages is sufficiently low, the firm's rate of productivity growth approaches …
Persistent link: https://www.econbiz.de/10005067455
labor costs. Our analysis indicates that when wages and prices are flexible, product demand policies have no significant …
Persistent link: https://www.econbiz.de/10005666572
productivity relative to the aggregate economy leads to a rise in relative wages of 0.1-0.2%. As a corollary to this, outside …
Persistent link: https://www.econbiz.de/10005791514
, education and labor market success. We conclude that there do not appear to be serious harmful health effects of moderate … an overview of this literature, focusing on studies which seek to establish the causal effect of cannabis use on health … cannabis use. Nevertheless, there is evidence of reduced mental well-being for heavy users who are susceptible to mental health …
Persistent link: https://www.econbiz.de/10011084361
education and to what extent those mitigate the long-run effects. We use individual records of Swedish birth cohorts from 1915 … direct biological mechanisms. We do not find evidence of indirect pathways through ability or education, and the long …-run effects are not mitigated by education. …
Persistent link: https://www.econbiz.de/10011084641
also casts doubts on recent findings about a positive effect of health on education. This is because health raises the …’s future income proportionally at all levels of education, leaving the relative return between quality and quantity unaffected …. This result is consistent with historical evidence that longevity began to increase long before education did. Our theory …
Persistent link: https://www.econbiz.de/10005666793
The paper examines the appropriate domain of the Welfare State by exploring the areas in which free enterprise fails to provide adequate welfare state services. The paper outlines a simple coherent strategy for formulating government welfare state policy by identifying the relevant market...
Persistent link: https://www.econbiz.de/10005788942
is affected by the human capital of her colleagues. This is the case for goods such as health, education, legal services …
Persistent link: https://www.econbiz.de/10005124298
We study the contribution of health-related behaviors to the health-education gradient by distinguishing between short … behaviors in the health production function. Focusing on self-reported poor health as our health outcome, we find that education … long run for 23% to 45% of the entire effect of education on health, depending on gender. …
Persistent link: https://www.econbiz.de/10009385763
We examine the relationship between education and mortality in a young population of Italian males. In 1981 several …
Persistent link: https://www.econbiz.de/10009148878