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The Long-Term Consequences of Regional Specialization

Michaels, Guy - C.E.P.R. Discussion Papers - 2006

What are the consequences of resource-based regional specialization, when it persists over a long period of time? While much of the literature argues that specialization is beneficial, recent work suggests it may be costly in the long run, due to economic or political reasons. I examine this...

Persistent link: https://www.econbiz.de/10005123671

Love and Money: A Theoretical and Empirical Analysis of Household Sorting and Inequality

Fernández, Raquel; Guner, Nezih; Knowles, John - C.E.P.R. Discussion Papers - 2001

This Paper examines the interactions between household matching, inequality, and per capita income. We develop a model in which agents decide whether to become skilled or unskilled, form households, consume and have children. We show that the equilibrium sorting of spouses by skill type (their...

Persistent link: https://www.econbiz.de/10005123829

Trade and the Great Divergence: The Family Connection

Galor, Oded; Mountford, Andrew - C.E.P.R. Discussion Papers - 2006

This research argues that the rapid expansion of international trade in the second phase of the industrial revolution has played a major role in the timing of demographic transitions across countries and has thereby been a significant determinant of the distribution of world population and a...

Persistent link: https://www.econbiz.de/10005124051

Human Capital and the Future of Transition Economies

Spagat, Michael - C.E.P.R. Discussion Papers - 2002

Transition economies have an initial condition of high human capital relative to GDP per capita, giving them high growth potential. In the model, at a good equilibrium a large number of children of well-educated parents take advantage of their family backgrounds and invest substantially in their...

Persistent link: https://www.econbiz.de/10005124062

Why are a Third of People Indian and Chinese? Trade, Industrialization and Demographic Transition

Galor, Oded; Mountford, Andrew - C.E.P.R. Discussion Papers - 2002

This research argues that international trade has played a significant role in the timing of demographic transitions across countries and has thereby been a major determinant of the distribution of world population and a prime cause of sustained differences in population growth and income levels...

Persistent link: https://www.econbiz.de/10005136437

Human Capital, Growth and Inequality in Transition Economies

Spagat, Michael - C.E.P.R. Discussion Papers - 2002

Transition economies have an initial condition of high human capital relative to living standards. I explore the possible implications of this key fact by surveying and adapting literature on growth and inequality. I focus especially on the long run and policy options.

Persistent link: https://www.econbiz.de/10005136494

Human Capital, the Structure of Production, and Growth

Ciccone, Antonio; Papaioannou, Elias - C.E.P.R. Discussion Papers - 2005

Do high levels of human capital foster economic growth by facilitating technology adoption? If so, countries with more human capital should have adopted more rapidly the skilled-labour augmenting technologies becoming available since the 1970's. High human capital levels should therefore have...

Persistent link: https://www.econbiz.de/10005067376

Growth and Human Capital: Good Data, Good Results

Cohen, Daniel; Soto, Marcelo - C.E.P.R. Discussion Papers - 2001

This Paper presents a new set of data on human capital. It is constructed so as to stay as close as possible to the censuses compiled by national, OECD or UNESCO sources. We then use these data to test a model that embeds the Mincerian approach to human capital into the Mankiw, Romer and Weil...

Persistent link: https://www.econbiz.de/10005067629

From Stagnation to Growth: Unified Growth Theory

Galor, Oded - C.E.P.R. Discussion Papers - 2004

human history induced growth theorists to advance an alternative theory that captures in a single unified framework the … distinct regimes. Unified growth theory reveals the underlying micro foundations that are consistent with the growth process … over the entire history of the human species, enhancing the confidence in the viability of the theory, its predictions and …

Persistent link: https://www.econbiz.de/10005497992

Human Capital in Growth Regressions: How Much Difference Does Data Quality Make? An Update and Further Results

de la Fuente, Angel; Doménech, Rafael - C.E.P.R. Discussion Papers - 2002

We construct estimates of educational attainment for a sample of OECD countries using previously unexploited sources. We follow a heuristic approach to obtain plausible time profiles for attainment levels by removing sharp breaks in the data that seem to reflect changes in classification...

Persistent link: https://www.econbiz.de/10005498069