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The Economics and Psychology of Inequality and Human Development

Cunha, Flavio - 2009

Recent research on the economics of human development deepens understanding of the origins of inequality and excellence. It draws on and contributes to personality psychology and the psychology of human development. Inequalities in family environments and investments in children are substantial....

Persistent link: https://www.econbiz.de/10012463953

Capital Mobility, Fiscal Policy and Growth under Self-Financing of Human Capital Formation

Buiter, Willem H. - 1995

This paper considers the effects of fiscal and financial policy on economic growth in open and closed economies, when human capital formation by young households is constrained by the illiquidity of human wealth. Both endogenous and exogenous growth versions of the basic OLG model are analyzed....

Persistent link: https://www.econbiz.de/10012473766

Human Capital, Fertility, and Economic Growth

Becker, Gary S. - 1990

Our model of growth departs from both the Malthusian and neoclassical approaches by including investments in human capital. We assume, crucially, that rates of return on human capital investments rise, rather than, decline, as the stock of human capital increases, until the stock becomes large....

Persistent link: https://www.econbiz.de/10012475617

Human Capital Development and Parental Investment in India

Attanasio, Orazio - 2015

We estimate production functions for cognition and health for children aged 1-12 in India, where over 70 million …, prior child cognition and health, and child investments. We use income and local prices to control for the endogeneity of … investments. We find that cognition is sensitive to investments throughout the age range we consider, while health is mainly …

Persistent link: https://www.econbiz.de/10012456930

Revealing Failures in the History of School Finance

Lindert, Peter H. - 2009

Both the anomalies of education history, and its less surprising contrasts, fit broad patterns that can be revealed and partially explained using low-tech methods. Over most of human history, contrasts in the output of education were driven mainly by contrasts in the supply of tax support for...

Persistent link: https://www.econbiz.de/10012463158

The Mystery of Human Capital as Engine of Growth, or Why the US Became the Economic Superpower in the 20th Century

Ehrlich, Isaac - 2007

This paper offers a thesis as to why the US overtook the UK and other European countries in the 20th century in both aggregate and per-capita GDP, as a case study of recent models of endogenous growth where human capital is the "engine of growth". The conjecture is that the ascendancy of the US...

Persistent link: https://www.econbiz.de/10012465788

Education, Human Capital, and Growth : A Personal Perspective

Griliches, Zvi - 1996

This paper reviews the literature on the relationship of economic growth to the education levels of the labor force. The emphasis is on Ben-Porath's contribution to some of the issues in this field: the endogeneity of schooling, the role of the public sector as an `absorber' of educated labor,...

Persistent link: https://www.econbiz.de/10012473438

Intergenerational Transfer, Human Capital and Long-term Growth in China under the One Child Policy

Zhu, Xi - 2013

We argue that the demographic changes caused by the one child policy (OCP) may not harm China's long-term growth. This attributes to the higher human capital induced by the intergenerational transfer arrangement under China's poor-functioning formal social security system. Parents raise their...

Persistent link: https://www.econbiz.de/10012459501

Human Capital, Economic Growth, and Inequality in China

Heckman, James J. - 2012

China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled labor acquired before economic reforms began. As development proceeded, the demand for high skilled labor has grown, and, in the past decade, China has made substantial...

Persistent link: https://www.econbiz.de/10012460559

The Economics and Politics of Women's Rights

Doepke, Matthias - 2011

perspectives, we discuss the theory of Doepke and Tertilt (2009), where an increase in the return to human capital induces men to …

Persistent link: https://www.econbiz.de/10012460985

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