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Within-the-family education and its impact on equality

Nordblom, Katarina - EconWPA - 2001

This is a theoretical study of human-capital formation, where parental, as well as public investments are essential. Policy influence rich and poor parents differently when they make educational decisions. Rich parents allocate resources efficiently between physical bequests and educational...

Persistent link: https://www.econbiz.de/10005125917

Many Types of Human Capital and Many Roles in U.S. Growth: Evidence from County-Level Educational Attainment Data

Young, Andrew; Levy, Daniel; Higgins, Matthew - EconWPA - 2004

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

MANAGEMENT & DEVELOPMENT OF HAPPINESS : A PRIORITY IN SOCIO-ECONOMIC DEVELOPMENT

Dr.VSR.Subramaniam - EconWPA - 2005

If bigger objects go into a jar, then there will be space to fill it with smaller objects in sequence. If the order of the objects are reversed, then it ends in filling it at the starting point. Happiness in life is similar to this. Fill high priority needs in the life, and smaller needs can be...

Persistent link: https://www.econbiz.de/10005408439

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

Fiscal Policy and Educational Attainment in the United States - A Generational Accounting Perspective

Chojnicki, Xavier; Docquier, Frederic - EconWPA - 2003

In this paper, we investigate the consequences of the rise in educational attainment on the US generational accounts. We build on the 1995 accounts of Gokhale and al. (1999) and disaggregate them per schooling level. We show that low skill newborns are characterized by a negative generational...

Persistent link: https://www.econbiz.de/10005076587

Candidate Quality

Poutvaara, Panu; Takalo, Tuomas - EconWPA - 2004

We analyze the topical question of how the compensation of elected politicians affects the set of citizens choosing to run. To this end, we develop a sparse and tractable citizen-candidate model of representative democracy with ability differences, informative campaigning and political parties....

Persistent link: https://www.econbiz.de/10005560979

To Be or Not To Be in Office Again: Political Business Cycles with Local Governments

Baleiras, Rui Nuno; Costa, José da Silva - EconWPA - 2003

Most opportunistic-type models of political business cycles tend to posit a given objective for incumbents: maximisation of re-election chances. Though taking an opportunistic view too, we suggest a new explanation for a fiscal policy cycle: the incumbent’s concern with her own welfare in...

Persistent link: https://www.econbiz.de/10005076618

Concentration in Knowledge Output:A Case of Economics Journals

Bino, Paul G.D.; Subash, S.; Ramanathan, A. - EconWPA - 2004

Journals moderate knowledge activity in economics. The activity of publishing article in professional journal forms … significant part of knowledge output. Output of economics articles has been growing over the time. We examine an important … question: Is there any case of institutional or location concentration in knowledge production? This paper analyses …

Persistent link: https://www.econbiz.de/10005062679

Old and New Theories of Fiscal Federalism, Organizational Design Problems, and Tiebout

Garzarelli, Giampaolo - EconWPA - 2005

motivations in support of federalism, namely, incentives and knowledge. Second, it succinctly discusses the incentive … rests on a knowledge motivation. The underlying theme is that the SGT should include both the incentive and knowledge …

Persistent link: https://www.econbiz.de/10005556973

Quality Control Versus Innovation in Research on Marketing

Armstrong, JS - EconWPA - 2005

Brownlie and Saren (this issue) claim that “few innovative papers appear in the top marketing journals.” They attribute this problem to incentive structures. They ask what steps might be taken by the various stakeholders to encourage the development and transmission of useful innovative...

Persistent link: https://www.econbiz.de/10005556542