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Integrated Public Education, Fertility and Human Capital

Azarnert, Leonid V. - CESifo - 2011

This article analyzes the consequences of integration in public education. I show that the flight from the integrated multicultural public schools to private education increases private educational expenditures and, as a result, decreases fertility among more affluent parents whose children...

Persistent link: https://www.econbiz.de/10009274518

Do Entrepreneurs Matter?

Becker, Sascha O.; Hvide, Hans K. - CESifo - 2013

In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of … performance. Using longitudinal data, we find large and sustained effects of entrepreneurs at all levels of the performance … suggest that an often overlooked factor - individual entrepreneurs - plays a large role in affecting firm performance. …

Persistent link: https://www.econbiz.de/10010607007

Was Weber Wrong? A Human Capital Theory of Protestant Economic History

Becker, Sascha O.; Woessmann, Ludger - CESifo - 2007

Max Weber attributed the higher economic prosperity of Protestant regions to a Protestant work ethic. We provide an alternative theory, where Protestant economies prospered because instruction in reading the Bible generated the human capital crucial to economic prosperity. County-level data from...

Persistent link: https://www.econbiz.de/10005094299

Immigration, Fertility, and Human Capital: A Model of Economic Decline of the West

Azarnert, Leonid V. - CESifo - 2010

I show how the influences of unskilled immigration, differential fertility between immigrants and the local indigenous population, and incentives for investment in human capital combine to predict the decline of the West. In particular, indigenous low-skilled workers lose from unskilled...

Persistent link: https://www.econbiz.de/10008583706

Catch Me If You Can: Education and Catch-up in the Industrial Revolution

Becker, Sascha O.; Hornung, Erik; Woessmann, Ludger - CESifo - 2009

Existing evidence, mostly from British textile industries, rejects the importance of formal education for the Industrial Revolution. We provide new evidence from Prussia, a technological follower, where early-19th-century institutional reforms created the conditions to adopt the exogenously...

Persistent link: https://www.econbiz.de/10008583719

Guest-Worker Migration, Human Capital and Fertility

Azarnert, Leonid V. - CESifo - 2011

This work focuses on a temporary guest-worker-type migration of individuals from the middle class of the wealth distribution. The article demonstrates that the possibility of a low-skilled guest-worker employment in a higher wage foreign country lowers the relative attractiveness of the skilled...

Persistent link: https://www.econbiz.de/10009020797