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health mobility inspired by the literature on income mobility. We also show how these measures of mobility can be usefully …-related mobility in the GHQ measure of psychological well-being in the first nine waves of the British Household Panel Survey (BHPS …
Persistent link: https://www.econbiz.de/10005772436
health mobility inspired by the literature on income mobility. We also show how these measures of mobility can be usefully …-related mobility in the GHQ measure of psychological well-being in the first nine waves of the British Household Panel Survey (BHPS …
Persistent link: https://www.econbiz.de/10005827429
We study how barriers to business start-up affect the investment in knowledge capital when contracts are not enforceable. Barriers to business start-up lower the competition for knowledge capital and, in absence of commitment, reduce the incentive to accumulate knowledge. As a result, countries...
Persistent link: https://www.econbiz.de/10005704976
Social capital – a dense network of associations facilitating cooperation within a community – typically leads to positive political and economic outcomes, as demonstrated by a large literature following Putnam. A growing literature emphasizes the potentially "dark side" of social capital....
Persistent link: https://www.econbiz.de/10010933545
We present a tractable stochastic endogenous growth model that explains how social capital influences economic development. In our model, social capital increases citizens' awareness of government activity. Hence, it alleviates the electoral incentives to under- invest in education, whose...
Persistent link: https://www.econbiz.de/10009652113
Conventional financial accounting information is slanted in favour of certain economic interests. This paper argues in favour of accounting information capturing and showing relevant aspects of the economic-social situation, and of decision-making based on it allowing for decisions to be taken...
Persistent link: https://www.econbiz.de/10005704985
This paper provides regression discontinuity evidence on long-run and intergenerational education impacts of a temporary increase in federal transfers to local governments in Brazil. Revenues and expenditures of the communities benefiting from extra transfers temporarily increased by about 20%...
Persistent link: https://www.econbiz.de/10010929580
In this paper we attempt to describe the general reasons behind the world population explosion in the 20th century. The size of the population at the end of the century in question, deemed excessive by some, was a consequence of a dramatic improvement in life expectancies, attributable, in turn,...
Persistent link: https://www.econbiz.de/10004961445
We combine growth theory with US Census data on individual schooling and wages to estimate the aggregate return to human capital and human capital externalities in cities. Our estimates imply that a one-year increase in average schooling in cities increases their aggregate labor productivity by...
Persistent link: https://www.econbiz.de/10005771953
We discuss a unified theory of directed technological change and technology adoption that can shed light on the causes of persistent productivity differences across countries. In our model, new technologies are designed in advanced countries and diffuse endogenously to less developed countries....
Persistent link: https://www.econbiz.de/10005772064