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productivity are interconnected. First we discuss two approaches in the human capital theory, stressing some difficulties that … the frequently obtained conclusion that investments in higher education are too low are doubtful. The tests also show the … importance of further education and training, especially on-the-job training. …
Persistent link: https://www.econbiz.de/10005125046
Human capital plays an important role in the theory of economic growth, but it has been difficult to measure this …
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
This paper briefly summarizes and discusses that type of new growth models which are based on externalities created by investments in human capital. ***** TURKCE OZET: Bu makalede, yeni/içsel buyume modellerinin beseri sermayeye dayali turlerini ozetlemekte ve degerlendirmektedir. [Calisma...
Persistent link: https://www.econbiz.de/10005556042
have positive impacts on young women's wages. We find evidence of ability sorting, but controlling for ability, women who … attend higher quality colleges earn higher wages. Women receive smaller gains from college quality than do men; black women … earn more than those who attend public colleges, and women earn lower wages, the higher the proportion of their college …
Persistent link: https://www.econbiz.de/10005125045
have substantial positive impacts on young men's wages. This finding is robust to a wide array of alternative …
Persistent link: https://www.econbiz.de/10005125048
Suppose an altruistic person, A, is willing to transfer resources to a second person, B, if B comes upon hard times. If B anticipates that A will act in this manner, B will save too little from both agents' point of view. This is the Samaritan's dilemma. The logic of the dilemma has been...
Persistent link: https://www.econbiz.de/10005077070
the agencies' activities. One solution to this problem is for an agency to employ altruistic workers at below-market wages …
Persistent link: https://www.econbiz.de/10005561447
This paper carries out an empirical assessment of the relationship between social capital and labour productivity in small and medium enterprises in Italy. By means of structural equations models, the analysis investigates the effect of different aspects of the multifaceted concept of social...
Persistent link: https://www.econbiz.de/10005076902
In this paper labour productivity growth and its impacts are studied at the industry level. The development of productivity is analysed in 54 industries in 14 EU countries and in the US between 1979 and 2001. The conclusion of the study is that the industry structure that leads to fast...
Persistent link: https://www.econbiz.de/10005124953