Showing 1 - 10 of 73
In this Paper, we analyse the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone's income can be appropriated by its model. Only people with the highest ability are cloned, while people at...
Persistent link: https://www.econbiz.de/10005792154
Advocates of apprenticeship programmes often argue as if it is simply a matter of historical accident that such investment by US firms has been hindered. This paper explores the structure of incentives underpinning the German system of apprenticeship training. First, we describe three...
Persistent link: https://www.econbiz.de/10005124483
Using data of the German Socio-Economic Panel (GSOEP) earnings differentials between self-employed and wage … considerably higher earnings than wage-employed workers. Furthermore, there is a significant and positive effect on earnings when …
Persistent link: https://www.econbiz.de/10010735265
This paper examines the evolution of returns to education in the West German labour market over the last two decades. During this period, graduates from the period of educational expansion entered the labour market and an upgrading of the skill structure took place. In order to tackle the issues...
Persistent link: https://www.econbiz.de/10005018725
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...
Persistent link: https://www.econbiz.de/10008577814
The analysis uses a unique set of data matching mothers and their young adult children to study the impact of family background on young people’s educational attainments. The data is derived from the first five years (1991–5) of the British Household Panel Study. Mother’s education is...
Persistent link: https://www.econbiz.de/10005497967
This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and economic growth since the emergence of the human species. This unified theory encompasses the observed evolution of population, technology and income per capita in the long...
Persistent link: https://www.econbiz.de/10005666934
The nineteenth century witnessed dramatic improvements in the legal rights of married women. Given that these changes took place long before women gained the right to vote, they amounted to a voluntary renouncement of power by men. In this paper, we investigate men's incentives for sharing power...
Persistent link: https://www.econbiz.de/10005789186
This paper presents a modified and improved methodology for the decomposition of wage differentials between two groups of workers into an endowment component and a discrimination component. The standard decomposition technique does not take into account different probabilities of entering the...
Persistent link: https://www.econbiz.de/10005114210
This Paper studies a model where Information Technology, while typically increasing overall inequality, is likely to harm some people at intermediate and high levels of the distribution of income but to benefit people at the bottom; where within a given occupation it may harm some workers while...
Persistent link: https://www.econbiz.de/10005791349