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Self-Enforcing Intergenerational Transfers and the Provision of Education

Anderberg, Dan; Balestrino, Alessandro - C.E.P.R. Discussion Papers - 2001

Due to the presence of borrowing constraints in the market, the cost of educating the young members of a family is often borne by the adults. We consider intrafamily financing of human capital under the assumptions that individuals are selfish and binding contracts are not feasible. Cooperation...

Persistent link: https://www.econbiz.de/10005666461

Affirmative Action and Efficiency in Education

De Fraja, Gianni - C.E.P.R. Discussion Papers - 2002

This Paper studies the optimal education policy in the presence of different groups of households, with groups differing in the distribution of the ability to benefit from education. The main result is that the high ability individuals from groups with relatively few high ability individuals...

Persistent link: https://www.econbiz.de/10005666462

A Policy Insight into the R&D-Patent Relationship

de Rassenfosse, Gaétan; van Pottelsberghe de la … - C.E.P.R. Discussion Papers - 2008

This paper investigates whether patent counts can be taken as indicators of macroeconomic innovation performance. The empirical model explicitly accounts for the two components of patenting output: research productivity and patent propensity. The empirical analysis aims at explaining the...

Persistent link: https://www.econbiz.de/10005792309

Diversity and Trade

Grossman, Gene; Maggi, Giovanni - C.E.P.R. Discussion Papers - 1998

We develop a competitive model of trade between countries with similar aggregate factor endowments. The trade pattern reflects differences in the distribution of talent across the labour forces of the two countries. The country with a relatively homogeneous population exports the good produced...

Persistent link: https://www.econbiz.de/10005792366

The French Zones D'Education Prioritaire: Much Ado About Nothing?

Bénabou, Roland; Kramarz, Francis; Prost, Corinne - C.E.P.R. Discussion Papers - 2005

We provide an assessment of the French ZEP (Zones d’Education Prioritaire), a programme started in 1982 that channels additional resources to schools in disadvantaged areas and encourages the development of new teaching projects. Focusing on middle-schools, we first evaluate the impact of the...

Persistent link: https://www.econbiz.de/10005124181

Intergenerational Transfer of Human Capital and Optimal Education Policy

Cremer, Helmuth; Pestieau, Pierre - C.E.P.R. Discussion Papers - 2004

This Paper studies the design of education policies in a setting of successive generations with heterogeneous individuals (high and low earning ability). Parents’ investment in education is motivated by warm-glow altruism and determines the probability that a child has high ability. Education...

Persistent link: https://www.econbiz.de/10005498169

Impact of Paternal Temporary Absence on Children Left Behind

Booth, Alison L; Tamura, Yuji - C.E.P.R. Discussion Papers - 2009

Using the first two waves of the Vietnam Living Standards Survey, we investigate how a father’s temporary absence affects children left behind in terms of their school attendance, household expenditures on education, and nonhousework labor supply in the 1990s. The estimating subsample is...

Persistent link: https://www.econbiz.de/10005014568

The Role of Human Capital Investments in the Location Decisions of Firms

Matouschek, Niko; Robert-Nicoud, Frédéric - C.E.P.R. Discussion Papers - 2003

We explore the role of human capital investments in the location decisions of firms. We show that whether human capital investments act as a force for or against concentration depends on who is undertaking them and whether they are industry- or firm-specific. We also discuss the empirical...

Persistent link: https://www.econbiz.de/10005666716

Should Firms be Required to Pay for Vocational Training?

Stevens, Margaret - C.E.P.R. Discussion Papers - 1999

Failure in the training market may result from credit constraints and the inability to insure against labour income uncertainty, deterring potential trainees, or labour market imperfections that create external benefits for firms. This paper constructs a model of a training market affected by...

Persistent link: https://www.econbiz.de/10005498076

The International Financial Integration of China and India

Lane, Philip R.; Schmukler, Sergio - C.E.P.R. Discussion Papers - 2006

Three main features characterize the international financial integration of China and India. First, while only having a … small global share of privately-held external assets and liabilities (with the exception of China’s FDI liabilities), these … “short equity, long debt.” Third, China and India have improved their net external positions over the last decade although …

Persistent link: https://www.econbiz.de/10005662395