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Human capital quality and aggregate income differences : development accounting for US states

Hanushek, Eric Alan; Ruhose, Jens; Woessmann, Ludger - 2015

Although many U.S. state policies presume that human capital is important for state economic development, there is little research linking better education to state incomes. In a complement to international studies of income differences, we investigate the extent to which quality-adjusted...

Persistent link: https://www.econbiz.de/10011283829

General education, vocational education, and labor-market outcomes over the life-cycle

Hanushek, Eric Alan; Woessmann, Ludger; Zhang, Lei - 2011

Policy debates about the balance of vocational and general education programs focus on the school-to-work transition. But with rapid technological change, gains in youth employment from vocational education may be offset by less adaptability and thus diminished employment later in life. To test...

Persistent link: https://www.econbiz.de/10009349947

Immigration, search, and redistribution : a quantitative assessment of native welfare

Battisti, Michele; Felbermayr, Gabriel; Peri, Giovanni; … - 2014

We study the effects of immigration on native welfare in a general equilibrium model featuring two skill types, search frictions, wage bargaining, and a redistributive welfare state. Our quantitative analysis suggests that, in all 20 countries studied, immigration attenuates the effects of...

Persistent link: https://www.econbiz.de/10010418118

Schooling, cognitive skills, and the Latin American growth puzzle

Hanushek, Eric Alan; Woessmann, Ludger - 2009

Economic development in Latin America has trailed most other world regions over the past four decades despite its relatively high initial development and school attainment levels. This puzzle can be resolved by considering the actual learning as expressed in tests of cognitive skills, on which...

Persistent link: https://www.econbiz.de/10003850158

What a difference Kyoto made : evidence from instrumental variables estimation

Aichele, Rahel; Felbermayr, Gabriel - 2011

Persistent link: https://www.econbiz.de/10009154465

International trade and collective bargaining outcomes : evidence from German employer-employee data

Felbermayr, Gabriel; Hauptmann, Andreas; Schmerer, … - 2012

Persistent link: https://www.econbiz.de/10009528861

Natural disasters and the effect of trade on income : a new panel IV approach

Felbermayr, Gabriel; Gröschl, Jasmin - 2011

institutional variables? In this paper, we generalize F&R's geography-based empirical strategy to a panel setting. We observe that … in panel setups where it is possible to fully control for geographical and historical determinants of countries … disasters ; instrumental variable estimation ; panel econometrics …

Persistent link: https://www.econbiz.de/10009240715

Estimating the effects of Kyoto on bilateral trade flows using matching econometrics

Aichele, Rahel; Felbermayr, Gabriel - 2011

Persistent link: https://www.econbiz.de/10009411244

Returns to skills around the world : evidence from PIAAC

Hanushek, Eric Alan; Schwerdt, Guido; Wiederhold, Simon; … - 2014

Existing estimates of the labor-market returns to human capital give a distorted picture of the role of skills across different economies. International comparisons of earnings analyses rely almost exclusively on school attainment measures of human capital, and evidence incorporating direct...

Persistent link: https://www.econbiz.de/10010235845

Bilateral Trade and Similarity of Income Distributions: The Role of Second Moments

Eppinger, Peter S.; Felbermayr, Gabriel - 2014

We use an augmented gravity model to revisit the effect of similarity in income distributions on bilateral trade flows. Disentangling supply-side and demand-side mechanisms, we document a robust new regularity: while differences in average incomes between two countries increase trade,...

Persistent link: https://www.econbiz.de/10010374075