Showing 11 - 20 of 144
efficiency; provides further insight into why Open Source Software is a successful model of innovation and development in digital …
Persistent link: https://www.econbiz.de/10005067419
The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge … and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does … not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant …
Persistent link: https://www.econbiz.de/10005504210
potential suppliers generate and sell the most suitable innovation. Moreover, procurement by public agencies and large firms … consider a menu of procurement methods and policies for best procuring new knowledge and innovative products, discussing their … the degree of competition between suppliers, as well as other more practical indirect ways to stimulate innovation. We …
Persistent link: https://www.econbiz.de/10005791875
There is relatively little research on peer effects in teenage motherhood despite the fact that peer effects, and in particular social interaction within the family, is likely to be important. We estimate the impact of an elder sister’s teenage fertility on the teenage childbearing of their...
Persistent link: https://www.econbiz.de/10009209828
Immigration is an important problem in many societies, and it has wide-ranging eects on the educational systems of host countries. There is a now a large empirical literature, but very little theoretical work on this topic. We introduce a model of family immigration in a framework where school...
Persistent link: https://www.econbiz.de/10009365649
We model educational investment, wages and employment status (full-time, part-time or non-participation) in a frictional world in which heterogeneous workers have different productivities, both at home and in the workplace. We investigate the degree to which there might be under-employment and...
Persistent link: https://www.econbiz.de/10005123718
We use a quantile regression framework to investigate the degree to which work-related training affects the location, scale and shape of the conditional wage distribution. Human capital theory suggests that the percentage returns to training investments will be the same across the conditional...
Persistent link: https://www.econbiz.de/10005124003
Transition economies have an initial condition of high human capital relative to GDP per capita, giving them high growth potential. In the model, at a good equilibrium a large number of children of well-educated parents take advantage of their family backgrounds and invest substantially in their...
Persistent link: https://www.econbiz.de/10005124062
This paper presents an empirical study of birth-order and sibship sex-composition effects on educational achievement, and uses these variables as instruments to estimate returns to education, with the help of a rich set of individual data. Our sample includes more than 12,000 men and 10,000...
Persistent link: https://www.econbiz.de/10005124292
This paper suggests that human capital externalities are important in determining whether goods and services should be privately or publicly provided. We study situations where that the cost incurred by an individual provider for providing quality is affected by the human capital of her...
Persistent link: https://www.econbiz.de/10005124298