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Comparative Advantage, Relative Wages, and the Accumulation of Human Capital

Teulings, Coen N. - Tinbergen Instituut - 2002

I apply Ricardo’s principle of comparative advantage to a theory of factor substitutability in a model with a continuum of worker and job types. Highly skilled workers have a comparative advantage in complex jobs. The model satisfies the distance‐dependent elasticity of substitution (DIDES)...

Persistent link: https://www.econbiz.de/10011256847

Marriage and the City

Gautier, Pieter A.; Svarer, Michael; Teulings, Coen N. - Tinbergen Instituut - 2005

Do people move to cities because of marriage market considerations? In citiessingles can meet more potential partners than in rural areas. Singles are thereforeprepared to pay a premium in terms of higher housing prices. Once married, themarriage market benefits disappear while the housing...

Persistent link: https://www.econbiz.de/10011255931

Sin City?

Gautier, Pieter A.; Svarer, Michael; Teulings, Coen N. - Tinbergen Instituut - 2007

Danishcouples. We find that of the couples who married in the city, the ones who stay inthe city have significant higher divorce … rates. Similarly, for the couples who marriedoutside the city, the ones who move to the city are more likely to divorce ….wiley.com/journal/122543072/abstract?CRETRY=1&SRETRY=0">'Sin City? Why is the Divorce Rate Higher in Urban Areas?'</A>, in 'Scandinavian Journal …

Persistent link: https://www.econbiz.de/10011256216

Education, Growth and Income Inequality

Teulings, Coen N.; Rens, Thijs van - Tinbergen Instituut - 2002

Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...

Persistent link: https://www.econbiz.de/10011255487

Search and the City

Teulings, Coen N.; Gautier, P.A. - Tinbergen Instituut - 2002

We develop a model of an economy with several regions, which differ in scale. Within each region, workers have to search for a job-type that matches their skill. They face a trade-off between match quality and the cost of extended search. This trade-off differs between regions, because search is...

Persistent link: https://www.econbiz.de/10011255840

Are Education Subsidies an Efficient Redistributive Device?

Dur, Robert A.J.; Teulings, Coen N. - Tinbergen Instituut - 2003

We argue that promoting education may be a means to reduceincome inequality. When workers of different skill levels areimperfect substitutes in production, an increase in the level ofhuman capital in the economy reduces the return to education.Hence, a given compression of after-tax incomes can...

Persistent link: https://www.econbiz.de/10011256508