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Financial Hurdles for Human Capital Accumulation: Revisiting the Galor-Zeira Model

Jun, Bogang; Hwang, Won-Sik - Volkswirtschaftliche Fakultät, … - 2012

Against the background of inconclusive evidence about the inequality–growth relation, this paper suggests that the level of inequality increases via the human capital channel with credit market imperfections and that this increasing inequality negatively affects economic growth. We expand the...

Persistent link: https://www.econbiz.de/10011259657

Intergenerational mobility, composition of human capital and distance to frontier

Basu, Suajta - Volkswirtschaftliche Fakultät, … - 2014

innovating on its own technology level -- innovation being more skilled-intensive than imitation. I develop a growth model based … that there exists a constant level of skilled and unskilled human capital in the imitation-only and innovation-only regimes …. In the imitation-innovation regime stock of skilled human capital rises whereas that of unskilled human capital falls in …

Persistent link: https://www.econbiz.de/10011109879

Are the Children of Uneducated Farmers Doubly Doomed? Farm, Nonfarm and Intergenerational Educational Mobility in Rural China

Emran, M. Shahe; Sun, Yan - Volkswirtschaftliche Fakultät, … - 2014

This paper relaxes the single factor model of intergenerational educational mobility standard in the literature, and develops a research design to study the effects of parents' education and occupation on children's schooling. We use survey data from rural China that cover three generations and...

Persistent link: https://www.econbiz.de/10011109944

A theory of family education incentives and inequality

Jellal, Mohamed - Volkswirtschaftliche Fakultät, … - 2014

In this paper, we examine the consequences of imperfect information on the pattern of transfers from parents to children. Drawing on the theory of mechanism design, we consider a model of family contract with two levels of effort. We prove that equal transfers among children are expected under...

Persistent link: https://www.econbiz.de/10011113407

Fiscal Policy and Labor Markets at Times of Public Debt

Bertola, Giuseppe - C.E.P.R. Discussion Papers - 2010

This paper explores the empirical relevance of public debt accumulation for labor market institutions and outcomes. In theory, since debt service obligations act as a constraint on policy choices, past debt accumulation and current interest rates should influence reform incentives and labor...

Persistent link: https://www.econbiz.de/10008684674

The Chilean Labor Market: Job Creation, Quality, Inclusiveness, and Future Challenges

Parro, Francisco; Reyes, Loreto - Volkswirtschaftliche Fakultät, … - 2013

This paper analyzes recent labor market developments in the Chilean economy. The evidence shows a booming labor market with strong job creation since 2010. Most of the jobs created during the past three years are quality jobs—that is, jobs with a written contract and whose employers have made...

Persistent link: https://www.econbiz.de/10011258725

Gender Disparity in Education – An Eritrean Perspective

Rena, Ravinder - Volkswirtschaftliche Fakultät, … - 2004

Gender disparities in education raise many questions for governments and civil societies. There are many factors that contribute to the gender gap in education. In Eritrea, gender disparities persist in the enrolment rates between boys and girls at all levels. Gender inequality has become a...

Persistent link: https://www.econbiz.de/10005836133

Controversies about the Rise in American Inequality: A Survey

Dew-Becker, Ian; Gordon, Robert J - C.E.P.R. Discussion Papers - 2008

This paper provides a comprehensive survey of seven aspects of rising inequality that are usually discussed separately: changes in labor’s share of income; inequality at the bottom of the income distribution, including labor mobility; skill-biased technical change; inequality among high incomes;...

Persistent link: https://www.econbiz.de/10005123580

The Dynamics of Exclusion and Fiscal Conservatism

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1994

This paper studies the impact of income inequality on fiscal conservatism when an increase in inequality affects the bottom portion of income distribution. It is argued that, contrary to what is generally assumed in the economic literature, inequality will then be associated with less, rather...

Persistent link: https://www.econbiz.de/10005136638

Child Labour and Inequality

Fioroni, Tamara; D'Alessandro, Simone - Volkswirtschaftliche Fakultät, … - 2013

This paper focuses on the evolution of child labour, fertility and human capital in an economy characterized by two types of workers, low- and high-skilled. This heterogeneity allows an endogenous analysis of inequality generated by child labour. More specifically, according to empirical...

Persistent link: https://www.econbiz.de/10011108042