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The Social Impact of a Fiscal Crisis: Investigating the Effects of Furloughing Public School Teachers on Juvenile Crime in Hawaii

Akee, Randall Q.; Halliday, Timothy J.; Kwak, Sally - University of Hawai'i Economic Research Organization … - 2013

Due to the large social costs of juvenile crime, policymakers have long been concerned about its causes. In the 2009-10 school year, the State of Hawaii responded to fiscal strains by furloughing all school teachers employed by the Department of Education and cancelling class for seventeen...

Persistent link: https://www.econbiz.de/10010685859

In School and Out of Trouble? Investigating the Effects of Furloughing Public School Teachers on Juvenile Crime in Hawaii

Akee, Randall Q.; Halliday, Timothy J.; Kwak, Sally - University of Hawai'i Economic Research Organization … - 2013

Persistent link: https://www.econbiz.de/10010925475

In School and Out of Trouble? Investigating the Effects of Furloughing Public School Teachers on Juvenile Crime in Hawaii

Akee, Randall Q.; Halliday, Timothy J.; Kwak, Sally - University of Hawai'i Economic Research Organization … - 2011

Persistent link: https://www.econbiz.de/10010933369

Creating Strategic Advantage through Entrepreneurial Governance in New Ventures

Audretsch, David B.; Lehmann, Erik E.; Plummer, Lawrence A. - Wirtschaftswissenschaftliche Fakultät, … - 2007

An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...

Persistent link: https://www.econbiz.de/10005090583

The Spatial Diffusion of a Knowledge Base-Laser Technology Research in West Germany, 1960-2005

Fritsch, Michael; Medrano, Luis F. - Wirtschaftswissenschaftliche Fakultät, … - 2010

We analyze the spatial diffusion of knowledge in laser technology in West Germany from 1960, when this technology began … of laser knowledge was especially prevalent in large agglomerations. While we cannot detect knowledge spillovers from … research later, indicating the accumulation of knowledge generated in previous periods. Our results highlight the role of a …

Persistent link: https://www.econbiz.de/10008511324

Returns to Education, Child Labor, & Schooling in India

Chamarbagwala, Rubiana - EconWPA - 2004

In an environment where children's time has an economic value and employment opportunities for educated workers are scarce, parental investments in their children's education may not be driven entirely by poverty and credit constraints. We offer evidence that children's participation in child...

Persistent link: https://www.econbiz.de/10005556051

What is Left to Residual Claimants? The Empirics of Income Reported by Entrepreneurs and Workers

Poutvaara, Panu; Tuomala, Juha - EconWPA - 2004

Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average income with all but undergraduate level of...

Persistent link: https://www.econbiz.de/10005556770

Intelligence, Human Capital, and Economic Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach

Jones, Garett; Schneider, W. Joel - EconWPA - 2005

Human capital plays an important role in the theory of economic growth, but it has been difficult to measure this abstract concept. We survey the psychological literature on cross-cultural IQ tests, and conclude that modern intelligence tests are well-suited for measuring an important form of a...

Persistent link: https://www.econbiz.de/10005407739

The Role of Endogenous Skill Choice in an Aging Economy

Jaag, Christian - EconWPA - 2005

This chapter analyzes the effects of an aging population on individual skill choices and the production structure by means of a dynamic general equilibrium model with overlapping generations and probabilistic aging. The model allows for capital-skill complementarity, which strongly affects the...

Persistent link: https://www.econbiz.de/10005408449

Returns to Education and Risky Financial Investment

Brown, Sarah; Taylor, Karl; Garino, Gaia - Department of Economics, University of Sheffield - 2006

The aim of this paper is to explore the relationship between wages, human capital and investment in financial assets with risky returns at the individual level. To explore this relationship from an international perspective, we analyse individual level data from the British Household Panel...

Persistent link: https://www.econbiz.de/10005463785