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This research explores the economic causes and consequences of language structures. It advances the hypothesis and … cross-language variations in the presence of the future tense, grammatical gender, and politeness distinctions. Moreover …, the research suggests that while language structures have largely reflected the coding of past human experience and in …
Persistent link: https://www.econbiz.de/10012978392
This paper investigates the economic returns to language skills and bilingualism. The analysis is staged in Kazakhstan …, a multi-ethnic country with complex ethnic settlement patterns that has switched its official state language from … bilingualism on earnings while Russian was the official state language in the 1990s. Surprisingly, the Kazakh language continues to …
Persistent link: https://www.econbiz.de/10013040494
Using an originally constructed dataset that follows 30,000 Italian individuals from high school to the labor market, we analyze whether the gender composition of peers in high school affected their choice of college major, their academic performance and their labor market income. We exploit the...
Persistent link: https://www.econbiz.de/10012984501
Existing growth research provides little explanation for the very large differences in long-run growth performance across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of economic institutions and quantitative measures of...
Persistent link: https://www.econbiz.de/10013316138
This paper explores how the specification of the earnings function impacts the optimal tax treatment of human capital. If education is complementary to labor effort, education should be subsidized to offset tax distortions on labor supply. However, if most of the education is enjoyed by high...
Persistent link: https://www.econbiz.de/10013316559
How do population ageing shocks affect the long-run macroeconomic performance of an economy? To answer this question we build a general equilibrium overlapping generations model of a closed economy featuring endogenous factor prices. Finitely-lived individuals are endowed with perfect foresight...
Persistent link: https://www.econbiz.de/10013315819
In this note, we show that labour market integration can be a double-edged sword. In the presence of local human capital externalities, integration and the ensuing agglomeration of skilled labour can cause a decline in human capital and the total wage sum (net of education costs). In particular,...
Persistent link: https://www.econbiz.de/10013137447
This paper studies second best policies for education, saving, and labour in an OLG model in which endogenous growth results from human capital accumulation. Government expenditures have to be financed by linear instruments so that growth equilibria are inefficient. The inefficiency is...
Persistent link: https://www.econbiz.de/10013146790
While uncertainty abounds in almost any decision on investment in schooling, it is mostly ignored in research and virtually absent in labour economics text books. This paper documents the scope for risk, discusses the tough disentanglement of heterogeneity and risk, surveys the analytical...
Persistent link: https://www.econbiz.de/10013054013
This work focuses on a temporary guest-worker-type migration of individuals from the middle class of the wealth distribution. The article demonstrates that the possibility of a low-skilled guest-worker employment in a higher wage foreign country lowers the relative attractiveness of the skilled...
Persistent link: https://www.econbiz.de/10013125698