Showing 1 - 8 of 8
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
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
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
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
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
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
-income countries. Rigorous studies on the effectiveness of ECD-related programs for improving children's development in various … longitudinal data collected over three years on a cohort of 6,693 children age 0-4 years at baseline in two "treatment" regions and …, household, and child level and unobserved fixed characteristics, with differential impacts by age of children and duration of …
Persistent link: https://www.econbiz.de/10010522139
"Are natural resources a blessing or a curse? Bravo-Ortega and De Gregorio present a model in which natural resources have a positive effect on the level of income and a negative effect on its growth rate. The positive and permanent effect on income implies a welfare gain. There is a growth...
Persistent link: https://www.econbiz.de/10010522714