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Education, Segregation and Marital Sorting : Theory and an Application to UK Data

Fernández, Raquel - 2021

This paper presents a model of the intergenerational transmission of education and marital sorting where parents matter … impact in the UK than in the US as a result of the fertility and education transmission process. When the relative supply of …

Persistent link: https://www.econbiz.de/10013313642

Economic Growth with Constraints on Tax Revenues and Public Debt : Implications for Fiscal Policy and Cross-Country Differences

Aizenman, Joshua - 2007

This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt capacities. We study a non stochastic CRS endogenous growth model where public expenditure is an input in the production process, in countries where distortions and limited...

Persistent link: https://www.econbiz.de/10012777949

Population, Technology, and Growth : from the Malthusian Regime to the Demographic Transition and Beyond

Galor, Oded; Weil, David N. - 2021

in the average level of education. Second, technological progress creates a state of disequilibrium, which raises the …

Persistent link: https://www.econbiz.de/10013247642

Schooling, Labor Force Quality, and Economic Growth

Hanushek, Eric Alan; Kim, Dongwook - 2000

Human capital is almost always identified as a crucial ingredient for growing economies, but empirical investigations of cross-national growth have done little to clarify the dimensions of relevant human capital or any implications for policy. This paper concentrates on the importance of labor...

Persistent link: https://www.econbiz.de/10014158648

Education, Human Capital, and Growth : A Personal Perspective

Griliches, Zvi - 2021

This paper reviews the literature on the relationship of economic growth to the education levels of the labor force …

Persistent link: https://www.econbiz.de/10013230594

Skill-Specific Rather then General Education : A Reason for Us-Europe Growth Differences?

Krueger, Dirk; Kumar, Krishna B. - 2021

either a concept-based, general' education or a skill-specific, vocational' education. General education is more costly to … policies favor vocational education will grow slower in equilibrium than one that favors general education. Moreover, the gap … education subsidy policy we demonstrate that the optimal subsidy for general education increases with the growth rate of …

Persistent link: https://www.econbiz.de/10013212567

The Pay-as-You-Go Pension System as a Fertility Insurance and Enforcement Device

Sinn, Hans-Werner - 2022

It is argued that a PAYGO system may have useful allocative functions in that it serves as an insurance against not having children and as an enforcement device for rotten kid' who are unwilling to pay their parents a pension. It is true that the system has amoral hazard effect in terms of...

Persistent link: https://www.econbiz.de/10014158127

Is the Japanese Extended Family Altruistically Linked? A Test Based on Engel Curves

Hayashi, Fumio - 2000

Altruism has the well-known neutrality implication that the family's demand for commodities is invariant to the division of resources within the family. We test this by estimating Engel curves on a cross-section of Japanese extended families forming two- generation households. We find that the...

Persistent link: https://www.econbiz.de/10014158467

Family Labor Supply Responses to Severe Health Shocks

Fadlon, Itzik - 2015

This paper provides new evidence on how household labor supply responds to fatal and severe non-fatal health shocks in the short- and medium-run. To identify the causal effects of these shock realizations, we leverage administrative data on families' health and labor market outcomes, and...

Persistent link: https://www.econbiz.de/10013019492

Early Health Shocks, Intrahousehold Resource Allocation, and Child Outcomes

Yi, Junjian - 2014

health shocks negatively affect child human capital, including health, education, and socioemotional skills. Compensating …

Persistent link: https://www.econbiz.de/10013039768