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This paper examines spillover effects from education at the firm level, separating the effects for different levels and types of education and allowing for a curvilinear relationship. Modeling a Cobb-Douglas production function, we show that wages of tertiary-educated workers depend positively...
Persistent link: https://www.econbiz.de/10009224867
Human capital plays an important role in the theory of economic growth, but it has been difficult to measure this abstract concept. We survey the psychological literature on cross-cultural IQ tests, and conclude that modern intelligence tests are well-suited for measuring an important form of a...
Persistent link: https://www.econbiz.de/10005407739
This chapter analyzes the effects of an aging population on individual skill choices and the production structure by means of a dynamic general equilibrium model with overlapping generations and probabilistic aging. The model allows for capital-skill complementarity, which strongly affects the...
Persistent link: https://www.econbiz.de/10005408449
In an environment where children's time has an economic value and employment opportunities for educated workers are scarce, parental investments in their children's education may not be driven entirely by poverty and credit constraints. We offer evidence that children's participation in child...
Persistent link: https://www.econbiz.de/10005556051
Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average income with all but undergraduate level of...
Persistent link: https://www.econbiz.de/10005556770
connexes sur l'evolution technologique et l'innovation ont mene a l'elaboration de systemes visant a classer les secteurs d … tiennent pas compte du degre d'innovation, ni des competences du capital humain que l'on retrouve dans certains secteurs d …
Persistent link: https://www.econbiz.de/10005322011
Dans un cadre ou la formation et les perspectives d'avancement dependent des previsions initiales de competence, les effets sur les salaires des signaux de competence initiale peuvent se manifester bien au-dela de la periode ou l'on connait bien les qualites d'un travailleur. Ce document propose...
Persistent link: https://www.econbiz.de/10005322018
Nous examinons dans le present document de quelles facons la situation sur le plan de l'innovation par opposition a l … non-utilisateurs de telles technologies d'offrir des programmes de formation. A ce niveau, la situation sur le plan de l'innovation … entendre que l'innovation exige non pas tant de nouvelles competences propres aux professions (meme s'il ne fait aucun doute …
Persistent link: https://www.econbiz.de/10005322050
, facilite par la formation, soit complementaire a l'innovation et a l'evolution technologique. En outre, la frequence de la …'utilisation de nouvelles technologies et avec de nombreuses autres strategies reliees a l'innovation. La formation occupe aussi une …
Persistent link: https://www.econbiz.de/10005328086
initial skills on wages may last well beyond the period when knowledge of a workers' skill set is fully known. This paper …
Persistent link: https://www.econbiz.de/10005328154