Showing 1 - 10 of 147
, motivational and cognitive skills during early childhood development and the long-term effects of these skills on learning and life …-time earnings of an individual. Using these estimated relationships, the paper provides a calibrated intergenerational altruistic … model of parental investment in children's preschool. This dynamic model is then used to estimate the effects of publicly …
Persistent link: https://www.econbiz.de/10005076552
scarce, parental investments in their children's education may not be driven entirely by poverty and credit constraints. We … offer evidence that children's participation in child labor and schooling responds to economic returns to education in India …In an environment where children's time has an economic value and employment opportunities for educated workers are …
Persistent link: https://www.econbiz.de/10005556051
Human capital plays an important role in the theory of economic growth, but it has been difficult to measure this abstract concept. We survey the psychological literature on cross-cultural IQ tests, and conclude that modern intelligence tests are well-suited for measuring an important form of a...
Persistent link: https://www.econbiz.de/10005407739
This chapter analyzes the effects of an aging population on individual skill choices and the production structure by means of a dynamic general equilibrium model with overlapping generations and probabilistic aging. The model allows for capital-skill complementarity, which strongly affects the...
Persistent link: https://www.econbiz.de/10005408449
This paper briefly summarizes and discusses that type of new growth models which are based on externalities created by investments in human capital. ***** TURKCE OZET: Bu makalede, yeni/içsel buyume modellerinin beseri sermayeye dayali turlerini ozetlemekte ve degerlendirmektedir. [Calisma...
Persistent link: https://www.econbiz.de/10005556042
Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that … income with all but undergraduate level of education. However, random effects and matching models suggest that entrepreneurs … workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average …
Persistent link: https://www.econbiz.de/10005556770
the frequently obtained conclusion that investments in higher education are too low are doubtful. The tests also show the … importance of further education and training, especially on-the-job training. …
Persistent link: https://www.econbiz.de/10005125046
wages. We find that the training rate of workers just above 40 is about 15-20 percent higher than the training rate of …
Persistent link: https://www.econbiz.de/10005125714
This paper examines the impact of job search methods on the output of the job search process in a segmented labor market. Theoretical models of job search, like the widely used search approach, generally contain only one parameter capturing all possible factors affecting the efficiency of...
Persistent link: https://www.econbiz.de/10005408299
income tax information on about 400,000 father-son pairs, and find intergenerational earnings elasticities to be about 0 ….2. Earnings mobility tends to be slightly greater than income mobility, but non- parametric techniques uncover significant non …-linearities in both of these relationships. Intergenerational earnings mobilty is greater at the lower end of the income distribution …
Persistent link: https://www.econbiz.de/10005408317