Showing 1 - 10 of 1,271
We created experimental variation across local markets in China in the share of firms having access to a new loan …
Persistent link: https://www.econbiz.de/10013172113
different cities within China, this paper investigates the contributing factors to China's rising export sophistication … the increased overlap between China's export structure and that of high-income countries. Instead, improvement in human …
Persistent link: https://www.econbiz.de/10012464875
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 … of schooling rather than 8.1). Our model sheds new light on the prospects of China's long-term growth by emphasizing the …
Persistent link: https://www.econbiz.de/10012459501
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled … the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled …. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and …
Persistent link: https://www.econbiz.de/10012460559
Over the last twenty years the wage-education relationships in the US and Germany have evolved very differently, while the education composition of employment has evolved in a surprisingly parallel fashion. In this paper, we propose and test an explanation to these conflicting patterns. The...
Persistent link: https://www.econbiz.de/10012471064
This paper considers the sources of skill formation in a modern economy and emphasizes the importance of both cognitive and noncognitive skills in producing economic and social success and the importance of both formal academic institutions and families and firms as sources of learning. Skill...
Persistent link: https://www.econbiz.de/10012471495
If innovation is to be subsidized, a natural place to start is to increase the quantity and quality of human capital. Innovation, after all, begins with people. Simply stimulating the "demand side" through R&D subsidies and tax breaks may only drive up the price, rather than the volume of...
Persistent link: https://www.econbiz.de/10012510591
This paper tests whether mothers and fathers differ in their spending on their daughters relative to their sons. We compare mothers' and fathers' willingness to pay (WTP) for specific goods for their children, diverging from the previous literature's approach of comparing the expenditure effects...
Persistent link: https://www.econbiz.de/10013191006
Empirical studies in the economics of education, the measurement of skill gaps across demographic groups, and the impacts of interventions on skill formation rely on psychometrically validated test scores that record the proportion of items correctly answered. Test scores are sometimes taken as...
Persistent link: https://www.econbiz.de/10013191084
How do poor entrepreneurs trade off investments in business enterprises versus children's human capital, and how do these choices influence intergenerational socio-economic mobility? To examine this, we exploit experimental variation in household income resulting from a one-time relaxation of...
Persistent link: https://www.econbiz.de/10013172116