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The recent empirical growth literature has noted that few countries’ incomes grow uniformly over periods longer than a decade or so. We consider growth variations over a period up to 66 years, study growth relative to a benchmark country, and collapse the varieties of growth experiences to...
Persistent link: https://www.econbiz.de/10014344409
We extend the Lucas' 1988 model introducing two classes of agents with heterogeneous skills, discount factors and initial human capital endowments. We consider two regimes according to the planner's political constraints. In the first regime, that we call meritocracy, the planner faces...
Persistent link: https://www.econbiz.de/10011517740
In the present globalization era an increasing attention is paid to the ambiguous relationship between international migration, brain drain, and economic growth, but few papers analyzed the growth impact of skilled migration. The paper filled the research gap by building the first dataset on...
Persistent link: https://www.econbiz.de/10013318658
While it has been shown that university attendance is strongly predicted by parental education, we know very little about why some potential ‘first in family’ or firstgeneration students make it to university and others do not. This paper looks at the role of non-cognitive skills in the...
Persistent link: https://www.econbiz.de/10012886556
during China's between 1988 and 2002. We pay special attention to the changing role of sorting by ability versus budget …-constraint effects as China's education policy has changed from one in which the bulk of direct costs are paid by government for students …
Persistent link: https://www.econbiz.de/10013318829
In rural areas of developing countries, shocks and financial constraints on households are generally recognized as obstacles to children's schooling opportunities. This paper investigates the effects of income shocks and borrowing constraints on household demand for education in rural Thailand,...
Persistent link: https://www.econbiz.de/10014333421
It is widely argued that declining fertility slows the pace of economic growth in industrialized countries through its negative effect on labor supply. There are, however, theoretical arguments suggesting that the effect of falling fertility on effective labor supply can be offset by associated...
Persistent link: https://www.econbiz.de/10013106652
Can governments leverage existing service-delivery platforms to scale early childhood development (ECD) programs? We experimentally study a large-scale home-visiting intervention providing materials and counseling --- integrated into Bangladesh's national nutrition program without extra...
Persistent link: https://www.econbiz.de/10013215213
It is widely argued that declining fertility slows the pace of economic growth in industrialized countries through its negative effect on labor supply. There are, however, theoretical arguments suggesting that the effect of falling fertility on effective labor supply can be offset by associated...
Persistent link: https://www.econbiz.de/10009537238
The aim of this paper is to study the long-run effects of a longevity increase on individual decisions about education and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account. We build a model of a closed economy inhabited by...
Persistent link: https://www.econbiz.de/10010528342