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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 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
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
talented young people still hesitate to attend college. This puzzle motivates this paper to test for whether college education … earnings risk from transitory earnings risks. Evidence indicates that investing in a four-year college education is indeed …
Persistent link: https://www.econbiz.de/10005076547
It is difficult, even in 2005, to write the peaceful history of the French Institute of Chartered Accountants. Almost everywhere, it is written that it was founded in 1945. It would be more accurate to say that it was re-constituted in 1945. It was actually created in 1942 and its origins are...
Persistent link: https://www.econbiz.de/10005076572
the past two decades, the return to college education has increased relative to high school education leading economists … negative relationship between returns to education and savings rates across most of the past century and also a negative … relationship between education spending and savings rates across OECD countries. In this paper, we present a model where a …
Persistent link: https://www.econbiz.de/10005076792
This paper deals with the optimality of teacher incentive contracts in the presence of costly or limited government resources. It considers educational production under asymmetric information as a function of teacher effort and class size. In the presence of costly government resources and...
Persistent link: https://www.econbiz.de/10005076924
not the employment outcomes of those refugees who received financial grants to enable them attend their education … employment than education/ social science and health studies. …
Persistent link: https://www.econbiz.de/10005076935
We estimate the demand for colleges in the United States by relating new applications to easily comparable characteristics of the schools in the sample. We find that the demand for 1134 U.S. colleges in 1994 is positively related to out-of-state tuition but inversely related to in- state...
Persistent link: https://www.econbiz.de/10005125047