Showing 1 - 10 of 153
little variation in family-background effects across the ability distribution in most countries. …
Persistent link: https://www.econbiz.de/10005406421
across identification strategies in their ability to make out-of-sample predictions. We conclude that discrepancies in past …
Persistent link: https://www.econbiz.de/10008727305
This paper studies the association between the unemployment experience of fathers and their sons. Based on German survey data that cover the last decades we find significant positive correlations. Using instrumental variables estimation and the Gottschalk (1996) method we investigate to what...
Persistent link: https://www.econbiz.de/10010948863
The US experienced two dramatic changes in the structure of education in a fifty year period. The first was a large … students. We study the impact of these two trends on the composition of school groups by observed ability and the importance of …
Persistent link: https://www.econbiz.de/10010723538
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
education with and without capital markets integration. First, we explore how regimes of education provision - public, private …-run effects of capital markets integration, in equilibrium, on the optimal provision of education and growth. Third, we examine a … competition game where countries compete in the provision of public education. …
Persistent link: https://www.econbiz.de/10005094431
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
How do population ageing shocks affect the long-run macroeconomic performance of an economy? To answer this question we build a general equilibrium overlapping generations model of a closed economy featuring endogenous factor prices. Finitely-lived individuals are endowed with perfect foresight...
Persistent link: https://www.econbiz.de/10010877922
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
In contexts such as education and sports, skill-accumulation of individuals over time crucially depends on the amount … policies in a model of endogenous skill formation where, apart from their ability to transform training into skills …
Persistent link: https://www.econbiz.de/10010542014