Showing 11 - 20 of 21
Econometric simulations provide no evidence that families in West Virginia encouraged sons to drop out of high school in order to earn income as coal miners, at the net expense of later income that they would have earned with more education. Estimates of the typical family's subjective rate of...
Persistent link: https://www.econbiz.de/10005125817
In this paper, we study the return to human capital variables for wages of workers observed in Tunisian matched worker-firm data in 1999. This tells us how returns to human capital in a Less Developed Country like Tunisia differ from the industrial countries usually studied with matched data. We...
Persistent link: https://www.econbiz.de/10005408310
I study the consequences of heterogeneity of skills for the design of an optimal unemployment insurance, using a principal-agent set-up with a risk neutral insurer and infinitely lived risk averse agents. Agents, who are characterised by different productivities or skills, are employed by firms...
Persistent link: https://www.econbiz.de/10005408328
Aggregate productivity growth can be decomposed into growth within establishments, between establishments, and the impact of entering and exiting establishments. We demonstrate that such a productivity decomposition formula can also be used for studying intraestablishment restructuring through...
Persistent link: https://www.econbiz.de/10005408335
Two alternative models of parental investments in children's human capital are considered and tested empirically using the Indonesian Family Life Survey (IFLS). The pure loan model and the reciprocity with two-sided altruism model yield different predictions about the effect of children's...
Persistent link: https://www.econbiz.de/10005408378
Using the NLSY data set, this paper formulates and then empirically estimates the production processes for social, motivational and cognitive skills during early childhood development and the long-term effects of these skills on learning and life-time earnings of an individual. Using these...
Persistent link: https://www.econbiz.de/10005076552
This paper analyses the dynamics of return to knowledge where knowledge is acquired through the combination of … interactive and individual learning. We suggest that in light of this new definition of knowledge, choosing the optimal level of …
Persistent link: https://www.econbiz.de/10005408325
Journals moderate knowledge activity in economics. The activity of publishing article in professional journal forms … significant part of knowledge output. Output of economics articles has been growing over the time. We examine an important … question: Is there any case of institutional or location concentration in knowledge production? This paper analyses …
Persistent link: https://www.econbiz.de/10005062679
Brownlie and Saren (this issue) claim that “few innovative papers appear in the top marketing journals.” They attribute this problem to incentive structures. They ask what steps might be taken by the various stakeholders to encourage the development and transmission of useful innovative...
Persistent link: https://www.econbiz.de/10005556542
California law that make non-compete agreements unenforceable. Consistent with our model of innovation, mobility rates outside of …
Persistent link: https://www.econbiz.de/10005556771