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Skills dynamics analyses are frequently carried on the basis of synchronic data, namely the one provided by firms’ Employment Records. As this kind of surveys are designed to depict formal employment, not only separation spells but also most infra annual flows are not taken into consideration....
Persistent link: https://www.econbiz.de/10005628437
We utilize county-level data to explore the roles of different types of human capital accumulation in U.S. growth determination. The data includes over 3,000 cross-sectional observations and 39 demographic control variables. The large number of observations provides enough degrees of freedom to...
Persistent link: https://www.econbiz.de/10005126012
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
En los últimos años, se han realizado diversos estudios a nivel mundial utilizando el modelo de crecimiento y convergencia económica, a través de países y de regiones. Para el caso de México, hasta la segunda mitad de los noventas comienza el análisis empírico de la convergencia...
Persistent link: https://www.econbiz.de/10005556248
I show that in a conventional Ramsey model, between one-fourth and one- half of income differences across countries can be explained by a single factor: The steady-state effect of large, persistent differences in national average IQ on worker productivity. These differences in cognitive...
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