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Returns to Skills around the World: Evidence from PIAAC

Hanushek, Eric A.; Schwerdt, Guido; Wiederhold, Simon; … - CESifo - 2014

different economies. International comparisons of earnings analyses rely almost exclusively on school attainment measures of … the focus on early-career earnings leads to underestimating the lifetime returns to skills by about one quarter. On … States. Estimates are remarkably robust to different earnings and skill measures, additional controls, and various subgroups …

Persistent link: https://www.econbiz.de/10010736745

Human Capital Accumulation and the Macroeconomy in an Ageing Society

Heijdra, Ben J.; Reijnders, Laurie S. M. - CESifo - 2012

How do population ageing shocks affect the long-run macroeconomic performance of an economy? To answer this question we …

Persistent link: https://www.econbiz.de/10010877922

Human Capital Mobility: Implications for Efficiency, Income Distribution, and Policy

Wildasin, David E. - CESifo - 2014

Mobility of highly-skilled workers affects and is affected by labor market conditions, taxes, and other policies. This paper documents the demographic and fiscal importance of international migration, especially in aging societies, reviews the efficiency and distributional effects of mobility,...

Persistent link: https://www.econbiz.de/10010877955

Repeated Selection with Heterogenous Individuals and Relative Age Effects

Dawid, Herbert; Mühlheusser, Gerd - CESifo - 2012

determinant for performance differentials within cohorts. We find that the optimal policy is pro-competitive at later selection …

Persistent link: https://www.econbiz.de/10010542014

Schooling and Political Participation Revisited

Chor, Davin; Campante, Filipe R. - East Asian Bureau of Economic Research (EABER) - 2008

We investigate how the link between individual schooling and political participation is affected by country characteristics. We introduce a focus on a set of variables - namely factor endowments - which inuence the relative productivity of human capital in political versus production activities....

Persistent link: https://www.econbiz.de/10009365523

Ageing and Growth in the Small Open Economy

Heijdra, Ben J.; Romp, Ward E. - CESifo - 2006

We construct an overlapping generations model for the small open economy whichincorporates a realistic description of the mortality process. Agents engage in educational activities at the start of life and thus create human capital to be used later on in life for production purposes. Depending...

Persistent link: https://www.econbiz.de/10005094204

Optimal Education with Mobile Capital. An OLG Approach (new title: Optimal Public Education under Capital Mobility)

Viaene, Jean-Marie; Zilcha, Itzhak - CESifo - 2000

The paper considers a two-country model of overlapping generations economies with intergenerational transfers carried out in the form of bequest and investment in human capital. We examine in competitive equilibrium the optimal provision of education with and without capital markets integration....

Persistent link: https://www.econbiz.de/10005094431

Social Security Incentives and Human Capital Investment

Lau, Morten I.; Poutvaara, Panu - CESifo - 2001

While the effect of social security systems on retirement decisions has received much attention, the impact of these systems on individuals’ incentives to invest in their human capital has not been analyzed. We integrate human capital investment and retirement decisions in a simple analytical...

Persistent link: https://www.econbiz.de/10005181353

Chinese Education Finance : Issues and Challenges

Rong, Wang - East Asian Bureau of Economic Research (EABER) - 2008

Persistent link: https://www.econbiz.de/10009363696

Explaining Rising Returns to Education in Urban China in the 1990s

Liu, Xuejun; Park, Albert; Zhao, Yaohui - East Asian Bureau of Economic Research (EABER) - 2010

the rapid increase in the returns to education experienced by China during the 1990s. Analyzing Chinese urban household …

Persistent link: https://www.econbiz.de/10009365117