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We develop a dynamic spatial growth model to explore the role of trade and internal migration in the process of spatial … knowledge. Global ideas diffuse more to locations that are relatively more exposed to international trade. Local ideas are … diffused across space when workers move to another location. We embed the diffusion of ideas through trade and migration into a …
Persistent link: https://www.econbiz.de/10013435141
The share of US residents who were born in Latin America and the Caribbean plateaued recently, after a half century of rapid growth. Our review of the evidence on the US immigration wave from the region suggests that it bears many similarities to the major immigration waves of the 19th and early...
Persistent link: https://www.econbiz.de/10013462714
Education is a crucial asset for a country's economic prospects and for its inhabitants. In addition to its direct impact on growth via the accumulation of human capital, it is a critical ingredient in producing an informed citizenry, enhancing their ability to obtain and exert human and...
Persistent link: https://www.econbiz.de/10014486218
Persistent link: https://www.econbiz.de/10000334584
linking the skill premium to the emerging literature on the structure of trade and development. Using data on employment and … positively linked with the skill premium at the industry level, a result that supports recent trade models linking exports with … wages and the demand for skills"--National Bureau of Economic Research web site …
Persistent link: https://www.econbiz.de/10011394540
structure of trade and development. Using data on employment and wages for over seven million workers from sixteen Latin … with the skill premium at the industry level, a result that supports recent trade models linking exports with wages and the … demand for skills …
Persistent link: https://www.econbiz.de/10012462657
How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
Persistent link: https://www.econbiz.de/10014544709
How far is the world away from ensuring that every child obtains the basic skills needed to be internationally … skills for 159 countries that cover 98.1% of world population and 99.4% of world GDP. We find that at least two-thirds of the … universal basic skills amounts to over $700 trillion over the remaining century, or 11% of discounted GDP …
Persistent link: https://www.econbiz.de/10013435128
requires repeated random assignment of managers to multiple teams and controls for individuals' skills. A good manager is … appointed by lottery, in part because self-promoted managers are overconfident, especially about their social skills. Managerial …. Selecting managers on skills rather than demographics or preferences for leadership could substantially increase organizational …
Persistent link: https://www.econbiz.de/10014635662
We randomly assign applicants to over-subscribed programs to study the effects of teaching hard and soft skills in … vocational training and examine their impacts on skills acquisition and labor market outcomes using both survey and … administrative data. We find that providing vocational training that either emphasizes social or technical skills increases formal …
Persistent link: https://www.econbiz.de/10012481403