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Trade and the Skill Premium Puzzle with Capital Market Imperfections

Bonfatti, Roberto; Ghatak, Maitreesh - University <Oxford> / Department of Economics; London … - 2010

An interesting puzzle is that trade liberalization in the 1980s and 1990s has been associated with a sharp increase in the skill premium in both developed and developing countries.This is in contrast with neoclassical theory, according to which trade should increase therelative return of the...

Persistent link: https://www.econbiz.de/10008860714

Social Indicators and the Study of Inequality

Meyers, Marcia K.; Garfinkel, Irwin - Federal Reserve Bank <New York, NY>; London School of … - 1999

[...]The New York City Social Indicators Survey (SIS)project represents one effort to track the consequences ofpolicy reform and devolution for inequality and well-beingin the largest and most diverse city in the United States.The project uses a telephone survey to collect data from arepeated...

Persistent link: https://www.econbiz.de/10005870055

Measuring the Value of Better Schools

Black, Sandra E. - Federal Reserve Bank <New York, NY>; London School of … - 1998

[...]In this paper, I examine two methods of measuringthe value of better schools. One involves following …

Persistent link: https://www.econbiz.de/10005870215

The Two-Legged Stool: The Neglected Role of Educational Standards in Improving America’s Public Schools

Betts, Julian R. - University of California <Berkeley, Calif.> / San Diego …; … - 1998

of students themselves. It follows thatan increase in schools’ expectations of students couldhave important effects on … the quality of public schooling.By establishing a rigorous set of educational standards,schools can create a set of ….Instead of simply allowing students to drop out at agesixteen, schools might require an exit exam. In this way,a minimal level of …

Persistent link: https://www.econbiz.de/10005870216

Rule-based monetary policy under central bank learning

Aoki, Kosuke; Nikolov, Kalin - London School of Economics and Political Science - 2005

The paper evaluates the performance of three popular monetary policy rules when the central bank is learning aboutthe parameter values of a simple New Keynesian model. The three policies are: (1) the optimal non-inertial rule; (2)the optimal history-dependent rule; (3) the optimal price-level...

Persistent link: https://www.econbiz.de/10005870371

Piece rates and learning: understanding work and production in the New England textile industry a century ago.

Leunig, Timothy - London School of Economics and Political Science - 2003

New data on individual worker’s outputs show that New England ring spinners exhibited substantial on the job learning c. 1905. Despite this, variable capital-labour ratios meant high labour turnover reduced aggregate labour productivity only fractionally. The combination of variable...

Persistent link: https://www.econbiz.de/10005870600

Careers for the unskilled in the Great Eastern Railway Company, 1870-1913

Howlett, Peter - London School of Economics and Political Science - 2001

One of the most significant changes in the labour market in the twentieth century was the rise of the internal labour market. Its origins can be found in the nineteenth century, particularly in the large service companies such as banks and the railway companies. By studying the internal labour...

Persistent link: https://www.econbiz.de/10005870747

State-Building, The Original Push For Institutional Changes In Modern China, 1840-1950

Deng, Kent G. 171897390 - London School of Economics and Political Science - 2004

The period of 1840 (when the Opium War broken out) till now is commonly regarded as China’s modern era, ‘modern’ in terms of China’s departure from its original growth and developmental path. In this context, the term modern has been intimately associated with something alien to the...

Persistent link: https://www.econbiz.de/10005870888

Agri-Technologies and Travelling Facts: A Case Study of Extension Education in Tamil Nadu, India

Howlett, Peter; Velkar, Aashish - London School of Economics and Political Science - 2008

education program inTamil Nadu, south India. The paper explores the extent to whichfertigation technologies (drip irrigation … localfarmers associations. This model of an extension education had anstrong demonstration effect that encouraged the travel of …

Persistent link: https://www.econbiz.de/10005870891

Heterogeneous Class Size Effects: New Evidence from a Panel of University Students

Bandiera, Oriana; Larcinese, Valentino; Rasul, Imran - London School of Economics and Political Science - 2008

Over the last decade, many countries have experienced dramatic increases in university enrolment, which, when not matched by compensating increases in other inputs, have resulted in larger class sizes. Using administrative records from a leading UK university, we present evidence on the effects...

Persistent link: https://www.econbiz.de/10005870959