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creates a more dynamic and uncertain environment, it not only increases the rewards to education and ability but also enhances … endogenously with technological change. If technology changes rapidly during the process of development, learning fosters the … intergenerational propagation of adaptive skills. In contrast, if technological progress is slow during development, the education of …
Persistent link: https://www.econbiz.de/10005712796
growth, such as managerial ability, technology use, human capital, and regulation. The more advanced literature in the field …
Persistent link: https://www.econbiz.de/10005394167
This paper examines whether the average level of human capital in a region affects the earnings of an individual residing in that region in a manner that is external to the individual's own human capital. I find little evidence of an external effect of human capital, which suggests that human...
Persistent link: https://www.econbiz.de/10005514123