There is wide consensus that entrepreneurial talent is the ability to discover and exploit market opportunities by taking the relevant risky decisions. Discovery and exploitation are separate but interlinked features of entrepreneurship requiring, in different proportions, the exploitation of...

A review of the literature on the issue of labor market participation and occupational choice, allows us to see that research on this topic turned more on developed countries. In developing countries, including Algeria, the determinants of participation in economic activity and individuals’...

This book presents theoretical and empirical investigation of the possible impact of human capital on economic growth in transition economies of Ukraine, Russia, Poland, and Hungary during the period of 1990-2007. This research defines place and role of human capital in the process of transition...

Sumo wrestling is a traditional fighting sport in Japan and has been popular since the 18th century (the Edo period). Using a data set for all sumo wrestlers in the post-World War II period, this paper investigates how wrestlers’ body mass index (BMI) is associated with their win rate and...

The article focuses on the conditional relationship between various human capital proxies and the size of potential “O-Ring” or “Cobb-Douglas” sectors. We find that that years of schooling are a robust negative predictor of the size of the informal sector, conditioned on national average...

In Bulgaria, during the transition to market-oriented economy, many analyzes are based on the widely held view that one of the positive legacies of the economies in transition (particularly that of Bulgaria) is the high level of human capital. The high degree of development of education and...

Using a data set for all sumo wrestlers in the post-World War II period, this paper investigates how wrestlers’ body mass index (BMI) is associated with wrestlers’ winning rate and absence rate. Further, the effect of BMI is compared between an early period (before the emergence of foreign...

This paper focuses on the evolution of child labour, fertility and human capital in an economy characterized by two types of workers, low- and high-skilled. This heterogeneity allows an endogenous analysis of inequality generated by child labour. More specifically, according to empirical...

Empirical evidence suggests that natural resources breed corruption and reduce educational attainments, dampening economic growth. The theoretical literature has treated these two channels separately, with natural resources affecting growth either through human capital or corruption. In this...

We present new data on real output per worker, schooling per worker, human capital per worker, real physical capital per worker for 168 countries. The output data represent all available data from Maddison. The physical capital data represent all available data from Mitchell. One major...