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We estimate changes in the productivity of schooling for six East Asian countries. Our productivity measure is based on changes in the relative price of schooling. A rising price of schooling relative to other labor-intensive service sectors should indicate declining relative schooling...
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Germany: (i) an upsurge in interindustry trade, (ii) a skill-biased technical change, and (iii) a failure of labour market … in Germany. Thus, economic policy in Germany should focus on improving the employability of workers in the lower segment …
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Die entwicklungspolitische Debatte hat lange darunter gelitten, daß ihr eine überzeugende theoretische Grundlage fehlte. Dies beginnt sich seit einigen Jahren mit dem Aufkommen der "neuen" Wachstumstheorie zu ändern. Deren Implikationen stützen das, was neoklassisch orientierte...
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