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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 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
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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
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Repeated Selection with Heterogenous Individuals and Relative Age Effects
Dawid, Herbert; Mühlheusser, Gerd - CESifo - 2012
In contexts such as education and sports, skill-accumulation of individuals over time crucially depends on the amount …
Persistent link: https://www.econbiz.de/10010542014
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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
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Optimal Education with Mobile Capital. An OLG Approach (new title: Optimal Public Education under Capital Mobility)
Viaene, Jean-Marie; Zilcha, Itzhak - CESifo - 2000
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
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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
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The Effect of Additional Funds for Low-Ability Pupils - A Nonparametric Bounds Analysis
Haan, Monique De - CESifo - 2012
-ability pupils. Schools are free in deciding how to spend the additional money. I use a nonparametric bounds analysis to estimate … upper and lower bounds on the effect of additional funds on exam results of pupils. First I investigate what can be …
Persistent link: https://www.econbiz.de/10010593133
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Human Capital and National Institutional Quality: Are TIMSS, PISA, and National Average IQ Robust Predictors?
Jones, Garett; Potrafke, Niklas - CESifo - 2014
Is human capital a robust predictor of good institutions? Using a new institutional quality measure, the International Property Rights Index (IPRI), we find that cognitive skill measures are significant, robust, and large in magnitude. We use two databases of cognitive skills: estimates of...
Persistent link: https://www.econbiz.de/10010877712
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Parental Leave and Children's Schooling Outcomes: Quasi-Experimental Evidence from a Large Parental Leave Reform
Danzer, Natalia; Lavy, Victor - CESifo - 2013
This paper investigates the question whether long-term human capital outcomes are affected by the duration of maternity leave, i.e. by the time mothers spend at home with their newborn before returning to work. Employing RD and difference-in-difference approaches, this paper exploits an...
Persistent link: https://www.econbiz.de/10010877875
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The Business Environment in the Transition
Carlin, Wendy; Schaffer, Mark - CESifo - 2012
Following the collapse of planning, new small and medium-sized firms rapidly emerged in all transition economies. Using firm level data, we investigate the interaction between the widespread opportunities for new business activities such firms faced and their business environment. The business...
Persistent link: https://www.econbiz.de/10010877887