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This paper surveys the empirical literature on the growth effects of education and social capital. The main focus is on the cross-country evidence for the OECD countries, but the paper also briefly reviews evidence from labour economics, to clarify where empirical work on education using macro...
Persistent link: https://www.econbiz.de/10005136728
, though networks are a popular method of finding a job for the ethnic minorities, they are not necessarily the most effective … out disproportionately from using personal networks. …
Persistent link: https://www.econbiz.de/10005666910
groups in the UK. Our empirical findings suggest that, though personal networks are a popular method of finding a job for the … differences across ethnic groups with some groups losing out disproportionately from using personal networks. …
Persistent link: https://www.econbiz.de/10008784703
We model networks of relational (or implicit) contracts, exploring how sanctioning power and equilibrium conditions … and in-network information transmission as well as conditions under which stable sub-networks inhibit more valuable larger … networks. The model provides formal definitions for individual and communities’ ‘social capital’ in the spirit of Coleman and …
Persistent link: https://www.econbiz.de/10005114333
We study the interactions and dynamics of human capital, growth and inequality by explicitly embedding networks into a …
Persistent link: https://www.econbiz.de/10011201356
-migrant. Although migrants lose their original social networks whilst overseas, savings and human capital accumulation acquired abroad … over-compensate for this loss. Our results also suggest that social networks have no significant impact on becoming …
Persistent link: https://www.econbiz.de/10008558595
We document that the fraction of entrepreneurs who work in the region where they were born is significantly higher than the corresponding fraction for dependent workers. This difference is more pronounced in more developed regions and positively related to the degree of local financial...
Persistent link: https://www.econbiz.de/10005656430
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10011083991
While a large literature has emerged focusing on nascent entrepreneurship, the propensity for ex-entrepreneurs to … consider re-entering into entrepreneurship, or what we term here as renascent entrepreneurship, has been generally overlooked … underlying but unobservable endowment of entrepreneurial skills from entering into entrepreneurship, there is virtually nothing …
Persistent link: https://www.econbiz.de/10005124242
Local merchant guilds were ubiquitous in medieval Europe, and their development was inextricably linked with the development of towns and the rise of the merchant class. We develop a theory of the emergence of local merchant guilds as an efficient mechanism to implement collusion among merchants...
Persistent link: https://www.econbiz.de/10004976786