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There are various reasons why less-educated men have higher risks of labor market vulnerability - risks such as being unemployed or, if employed, having only low socioeconomic status. The commonly used argument is that these higher risks result from increased job competition caused by an...
Persistent link: https://www.econbiz.de/10011833826
We study the evolution of educational attainment of the 1932-1972 cohorts using a human capital investment model with heterogeneous learning ability. Inter-cohort variation in schooling is driven by changes in skill prices, tuition, and education quality over time, and average learning ability...
Persistent link: https://www.econbiz.de/10011878853
This study of the emergence of inequality during the early years is based upon a comparative analysis of children at the age of about five years in Australia, Canada, the United Kingdom and the United States. We study a series of child outcomes related to readiness to learn, focusing on...
Persistent link: https://www.econbiz.de/10010282315
/her reliance on alternative sources of knowledge for exploring new business opportunities. The extant literature that is at the … crossroads between sources of knowledge and the experiential and intellectual base of an entrepreneur (i.e., dimensions of his …/her human capital) suggests that it is through experience and through education that an entrepreneur obtains knowledge. Using …
Persistent link: https://www.econbiz.de/10012055295
area GDP per capita. Second, we develop measures of human capital that reflect the types of knowledge within U ….S. metropolitan areas. Regional knowledge stocks related to the provision of producer services and information technology are …
Persistent link: https://www.econbiz.de/10010283514
general as well as in technology- and knowledge-intensive subsectors. We compare Germany and Portugal which exhibit, though EU … indicate that the skill composition has different effects on firm entry in the two countries. More specifically, for Portugal …
Persistent link: https://www.econbiz.de/10010299472
We develop an endogenous growth model which is focussed on entrepreneurial skills and their impact on growth and convergence. Our work is closely related to the model by Acemoglu et al. (2006) but extends their analysis in some important respects. Entrepreneurs in our model dispose of two...
Persistent link: https://www.econbiz.de/10010263536
impact of immigration on entrepreneurial activity. Immigrants, we hypothesize, facilitate innovation and entrepreneurship by … immigrants (even if they are not self-employed) may prove to be areas in which entrepreneurship and innovation are easier to …
Persistent link: https://www.econbiz.de/10010283971
This paper provides a labour supply explanation to the observation that in Germany employment changes are asymmetric during the business cycle. Employment increases are slower, because the reservation wage of workers increases in times of job uncertainty. Workers are afraid in those periods of...
Persistent link: https://www.econbiz.de/10010297625
We study the interactions between technological innovation, investment in human capital and child labor. In our setting … firms decide on innovation, then households decide on education. In equilibrium the presence of inefficient child labor … on child labor are welfare reducing, while a subsidy to innovation is the right tool to eliminate child labor and …
Persistent link: https://www.econbiz.de/10011325098