Showing 1 - 10 of 26,546
endogenize the demand and supply of skills. We explicitly introduce the costs and externalities in education, and examine how …
Persistent link: https://www.econbiz.de/10009781636
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
Persistent link: https://www.econbiz.de/10012050619
of education in Pakistan. Utilizing four rounds of household level surveys conducted at national level during 2001 …-2014, the study analyzes the effect of education on earning inequality within workers having same level of education. Quantile … regression is employed to estimate and test earning inequality within workers having primary, secondary and tertiary education …
Persistent link: https://www.econbiz.de/10011934109
This paper evaluates the impact of education on measured inequality across the wage distribution using pooled records … from the 2005 and 2010 Cameroon labour force surveys, wage equations and standard inequality measures. Returns to education … returns to education for the period 2005-10 largest for the 5th and 10th percentiles. Inequality decreased from the lower to …
Persistent link: https://www.econbiz.de/10010467077
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the … of education reduces the private return by 2 percentage points, consistent with Katz-Murphy's (1992) elasticity of …
Persistent link: https://www.econbiz.de/10011325967
This paper aims to clarify the relationship between monetary policy shocks and wage inequality. We emphasize the relevance of within and between wage group inequalities in explaining total wage inequality in the United States. Relying on the quarterly data for the period 2000-2020, our analysis...
Persistent link: https://www.econbiz.de/10014256122
This chapter discusses the large literature and numerous issues regarding education-related differences in income in …, empirical analyses concentrated directly on education-related differences in earnings. The human capital revolution of the late … 1950s/early 1960s greatly expanded the research on education and income and shifted the focus to wages. The human capital …
Persistent link: https://www.econbiz.de/10014023737
Persistent link: https://www.econbiz.de/10010402889
Persistent link: https://www.econbiz.de/10011745182