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This paper examines the determinants of economic growth, income inequality, and their relationship in the context of education inequality. The econometrics indicate that a higher level of human capital and the relative dispersion of human capital have a disequalizing relationship with income...
Persistent link: https://www.econbiz.de/10013143699
This article summarises the recent literature on the relationship between inequality in wages and education for Portugal. The main conclusions are the following. First, Portu-gal is one of the OECD countries with lowest educational level. At the same time, re-turns to education are large, and...
Persistent link: https://www.econbiz.de/10005837544
In 1997, the French government put into effect a law that permanently exempted young French male citizens born after Jan 1, 1979 from mandatory military service while still requiring those born before that cutoff date to serve. This paper uses a regression discontinuity design to identify the...
Persistent link: https://www.econbiz.de/10011212582
signalling theory point of view. The paper also contributes to the analysis of the link between debt-equity choice and subsequent …
Persistent link: https://www.econbiz.de/10011111034
This article studies the negative signals associated with non-promotion. I first show theoretically that, when workers’ productivity rises little with additional years on the same job level, the negative signal associated with non-promotion leads to wage decreases. On the other hand, when...
Persistent link: https://www.econbiz.de/10011108717
also provide empirical evidence for this theory that inventory has a signaling role. The theory could potentially provide a …
Persistent link: https://www.econbiz.de/10005836353
but also because it functions as a signal when employers have incomplete information on employees' skills. The signaling … number of educated individuals, the importance of the signaling value of education, and the wage inequality between educated … function as a signal. It also examines whether the signaling role leads to higher aggregate consumption or not in the long run. …
Persistent link: https://www.econbiz.de/10005105898
Using Japanese panel data for 2006-2009, this study attempts to examine how the pass rate of law school student taking the new bar examination influences the number of applicants for the law school in the following years. The major finding is that the higher the law school student pass rate, the...
Persistent link: https://www.econbiz.de/10008552808
Using Japanese panel data for 2006-2009, this study attempts to examine how the pass rate of law school students taking the new bar examination influences the number of applicants for the law school in the following years. The major finding is that the higher the law school student pass rate,...
Persistent link: https://www.econbiz.de/10008611587
I investigate the relationship between university rankings and economic growth and found that the relationship is statistically significant. The more the number of universities that a country has in international university rankings, the higher its GDP per capita. What is more surprising is...
Persistent link: https://www.econbiz.de/10013061096