Showing 1 - 9 of 9
This Paper examines why developed countries are monogamous while rich men throughout history have tended to practice polygyny (multiple wives). Wealth inequality naturally produces multiple wives for rich men in a standard model of the marriage market where polygyny is not ruled out. Our model...
Persistent link: https://www.econbiz.de/10005123932
. The prediction of the theory regarding the adverse effect of the concentration of land ownership on education expenditure …
Persistent link: https://www.econbiz.de/10005124357
Differences in regional unemployment in post-communist economies are large and persistent. We show that inherited variation in human-capital endowment across the regions of four such economies explains the bulk of regional unemployment variation there and we explore potential explanations for...
Persistent link: https://www.econbiz.de/10005136518
Poor families around the world spend a large fraction of their income on consumption of goods that appear to be useless in alleviating poverty, while saving at very low rates and neglecting investment in health and education. Such consumption patterns seem to be related to the persistence of...
Persistent link: https://www.econbiz.de/10005504622
Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper we use new micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market economy. We use data from the Czech Republic because it...
Persistent link: https://www.econbiz.de/10005666520
Using micro data on women in the Czech Republic, we compare returns to various measures of human capital at the end of communism (1989), in mid-transition (1996) and in late/post-transition (2002). We show: dramatic increases in returns to education from 1989 to 1996 but no change from 1996 to 2002;...
Persistent link: https://www.econbiz.de/10005666862
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 … theory suggests that prolonged economic stagnation prior to the transition to sustained growth stimulated natural selection …
Persistent link: https://www.econbiz.de/10005666934
This paper presents a unified theory that provides an intertemporal reconciliation between conflicting viewpoints about …
Persistent link: https://www.econbiz.de/10005666981
This Paper develops a theory of fertility and child educational choice that offers an explanation for the persistence …
Persistent link: https://www.econbiz.de/10005667134