Showing 1 - 10 of 136
This paper presents new evidence on the social returns to education within a macroeconomic growth regression framework …. I use improved schooling data and a macro version of the Mincer relationship between education and wages for individual … workers. The results suggest that an increase by one year of the average education level of the labor force would increase …
Persistent link: https://www.econbiz.de/10009640173
Persistent link: https://www.econbiz.de/10011539443
Societies provide institutions that are costly to use, but able to enforce long-run relationships. We study the optimal decision problem of using self-governance for risk sharing or governance through enforcement provided by these institutions. Third-party enforcement is modelled as a costly...
Persistent link: https://www.econbiz.de/10009635888
This paper reviews the key economic issues concerning the welfare costs of inflation and deflation, with a view to shedding light on the desirable properties of the inflation process. Our review of the evidence on the overall costs of inflation and deflation indicates that such costs could be...
Persistent link: https://www.econbiz.de/10009635897
When people share risk in financial markets, intermediaries provide costly enforcement for most trades and, hence, are an integral part of financial marketsu0092 organization. We assess the degree of risk sharing that can be achieved through financial markets when enforcement is based on the...
Persistent link: https://www.econbiz.de/10009636542
provide empirical evidence about how changes in the education and training sector in the 27 EU Member States (EU27) influence …
Persistent link: https://www.econbiz.de/10011894775
. The purpose of the study is to provide empirical evidence about the state of the education and training sector in Europe …
Persistent link: https://www.econbiz.de/10011894776
Eurofound. The purpose of the study is to provide empirical evidence about the state of the education and training sector in …
Persistent link: https://www.econbiz.de/10011894777
. The purpose of the study is to provide empirical evidence about the state of the education and training sector in Europe …
Persistent link: https://www.econbiz.de/10011894778
purpose of the study is to provide empirical evidence about the state of the education and training sector in Europe within …
Persistent link: https://www.econbiz.de/10011894779