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We propose a new microeconomic explanation for the divergent experiences of economies in forming human capital. We suggest that the positive effect of a longer life expectancy on human capital formation arises from two separate effects: a life expectancy effect and a prolonged intergenerational...
Persistent link: https://www.econbiz.de/10010323586
Foreign direct investment (FDI) has grown far more rapidly than trade during the last two decades. As with the other prominent features of globalisation, FDI is controversial. The impact of FDI on labour markets has been of growing concern, particularly, for source countries. The deterioration...
Persistent link: https://www.econbiz.de/10010323598
A conventional argument in the child-labor debate is that improvements in access to schools are an effective way to reduce the labor force participation of children. It is argued that schooling competes with economic activity in the use of children's time, and enhanced access to schools,...
Persistent link: https://www.econbiz.de/10010323615
Children have always been part of the economic life of societies. Historical evidence indicates that the contribution of children to family income in cash or in kind has been consistently significant. Currently, the issue of child labor has become an important global development issue in...
Persistent link: https://www.econbiz.de/10010323623
Failure to accumulate human capital is one of the pressing problems of developing countries. Lacking human capital formation bears consequences on an economy wide level, since education contributes to labor productivity. We examine the impact of increased school enrollment with regard to...
Persistent link: https://www.econbiz.de/10010323645
We provide empirical evidence on labour supply and inequality for wage-earning farm households in Spain, using two cross-sections from 1991 and 1994. The fundamental results can be divided into two groups. With respect to the labour supply: i) household size has a positive effect on male supply...
Persistent link: https://www.econbiz.de/10009442312
The purpose of this paper was to estimate changes in cyclical unemployment and output in the EU using an Okun's law equation, extended with a new variable, namely, the share of the economically active labour force of the agricultural sector in the total economy. Treating both the NAIRU and the...
Persistent link: https://www.econbiz.de/10009442314
The extremely large disparities in employment rates across Italian regions, and the bad performance of the Italian economy in terms of job creation in the 80´s and early 90´s make job creation a top-priority in the economic policy agenda. This paper uses data on employment from 784 Local Labor...
Persistent link: https://www.econbiz.de/10009442321
This paper empirically assesses the impact of specialisation on the synchronisation of regional business cycles in two core countries of EMU, namely France and Germany. Several specialisation indices are introduced and some first stylised facts about interregional business cycle correlations are...
Persistent link: https://www.econbiz.de/10009442322
We analyze determinants of regional industry mix and focus especially on the influence of labor market characteristics. By combining a labor market pooling argument with an argument involving the cost of switching a worker from one firm to another, we show that in the presence of product market...
Persistent link: https://www.econbiz.de/10009442329