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Against the background of inconclusive evidence about the inequality–growth relation, this paper suggests that the level of inequality increases via the human capital channel with credit market imperfections and that this increasing inequality negatively affects economic growth. We expand the...
Persistent link: https://www.econbiz.de/10011259657
innovating on its own technology level -- innovation being more skilled-intensive than imitation. I develop a growth model based … that there exists a constant level of skilled and unskilled human capital in the imitation-only and innovation-only regimes …. In the imitation-innovation regime stock of skilled human capital rises whereas that of unskilled human capital falls in …
Persistent link: https://www.econbiz.de/10011109879
This paper relaxes the single factor model of intergenerational educational mobility standard in the literature, and develops a research design to study the effects of parents' education and occupation on children's schooling. We use survey data from rural China that cover three generations and...
Persistent link: https://www.econbiz.de/10011109944
In this paper, we examine the consequences of imperfect information on the pattern of transfers from parents to children. Drawing on the theory of mechanism design, we consider a model of family contract with two levels of effort. We prove that equal transfers among children are expected under...
Persistent link: https://www.econbiz.de/10011113407
Persistent link: https://www.econbiz.de/10012065287
This paper analyzes recent labor market developments in the Chilean economy. The evidence shows a booming labor market with strong job creation since 2010. Most of the jobs created during the past three years are quality jobs—that is, jobs with a written contract and whose employers have made...
Persistent link: https://www.econbiz.de/10011258725
This paper attempts to identify the areas that are still lagging behind other parts of the country in terms of literacy levels and are unable to play their role in the velopment of human capital of the country. The analyses indicate that more than 75 per cent of the districts in the country are...
Persistent link: https://www.econbiz.de/10005790213
Gender disparities in education raise many questions for governments and civil societies. There are many factors that contribute to the gender gap in education. In Eritrea, gender disparities persist in the enrolment rates between boys and girls at all levels. Gender inequality has become a...
Persistent link: https://www.econbiz.de/10005836133
Due to scarcity considerations an increase in the supply of college graduates should reduce the premium for this kind of qualification. Therefore it seems quite contradictory that a tremendous educational expansion in the USA is accompanied by rising wage dispersion (overall and between...
Persistent link: https://www.econbiz.de/10005187360
This paper focuses on the evolution of child labour, fertility and human capital in an economy characterized by two types of workers, low- and high-skilled. This heterogeneity allows an endogenous analysis of inequality generated by child labour. More specifically, according to empirical...
Persistent link: https://www.econbiz.de/10011108042