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graduate degrees. Returns to schooling are higher for women; but this gain is more than offset by the large gender wage gap …. The gender wage differential increased over the years especially for younger women and women without higher education … higher, especially for women, and the gender wage differential is now more than twice as large in Russia than in the U.S. …
Persistent link: https://www.econbiz.de/10005076535
We investigate the effect of institutions on efficiency of training markets. After setting up a theoretical institutional framework that shows how institutions affect efficiency, we apply this framework to the real world. An empirical analysis of institutions affecting training markets will...
Persistent link: https://www.econbiz.de/10005561540
Travel time losses in the Netherlands are likely to get worse in the years ahead if capacity is not added to cope with the demand. This particularly creates problems for business travel, which is characterized by a high “value of time”. In the Netherlands, policy makers have a long-standing...
Persistent link: https://www.econbiz.de/10005408329
In a recent paper, Kaushik Basu and Pham Hoang Van (BV, 1998) develop an important and very interesting model in which a fairly productive economy exhibits multiple equilibria, with children working in at least one. They identify two assumptions as essential to this result. The first - - which...
Persistent link: https://www.econbiz.de/10005125821
This paper looks at the history of money and its modern form from a scientific and mathematical point of view. The approach here is to emphasize simplicity. A straightforward model and algebraic formula for a large economy analogous to the ideal gas law of thermodynamics is proposed. It may be...
Persistent link: https://www.econbiz.de/10005126382
There is a general misconception on the impact of marginal tax rates. Following the hypothesis of optimising economic agents, it is proper that marginal rates enter the discussion. The only issue is that the margin mu= st be computed correctly. In dynamics, one must take account of the fact tha=...
Persistent link: https://www.econbiz.de/10005408095
We extend the “general model” in Basu and Van (1998) to allow for different types of hosueholds, and extend the model in Swinnerton and Rogers (1999) to allow for a more general utility function. Our new findings are (i) while in some contexts, a more equal income distribution can reduce or...
Persistent link: https://www.econbiz.de/10005408326
The current optimum population models found in economic literature define static optimum population used in forming policy i.e. at a given instant what should be the optimum number of people in a (closed) economy. We believe that although this definition is useful, it is very limiting as far as...
Persistent link: https://www.econbiz.de/10005125782
Microfinance—both credit and savings—has potential to improve the well- being of poor women in developing countries. This paper explores practical ways to achieve that potential. Based on lessons from informal saving mechanisms that women already use, the paper proposes two savings services...
Persistent link: https://www.econbiz.de/10005062414
We evaluate the gender wage gap and the unexplained gender wage differential for workers 15-29 year old during the … endogeneity of education and we evaluate gender discrimination by studying the entire distribution of the unexplained wage gap as …
Persistent link: https://www.econbiz.de/10005062765