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This paper gives an overview and evaluates the literature on Microfoundations.<P> See also 'Microfoundations: A Critical Inquiry', Routledge, London, 1993 Reviewed in Economic Journal, 1994; De Economist, 1995; Journal of Economic Methodology, 1996; Economics and Philosophy, 1996).
Persistent link: https://www.econbiz.de/10011256223
Critics of modern macroeconomics often raise concerns about unwarranted welfare conclusions and data mining. This paper illustrates these concerns with a thought experiment, based on the debate in environmental economics about the appropriate discount rate in climate change analyses: I set up an...
Persistent link: https://www.econbiz.de/10011257067
explain heterogeneity in economic behaviour by education and cognitive functioning. Analysis of eight waves of the US Health … and Retirement Study reveals that individuals with lower levels of education and cognitive functioning report survival … risks. However, high school dropouts and the least cognitively able report survival probabilities that are less stable and …
Persistent link: https://www.econbiz.de/10011275101
found in many Sub-Saharan countries. However, evidence on the impact of these policies on school outcomes, especially school … Malawi's tracking program raises school participation of top students without a reduction in pupil learning. These findings … have implications for education policy in Sub-Saharan Africa. …
Persistent link: https://www.econbiz.de/10011255467
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the … of education reduces the private return by 2 percentage points, consistent with Katz-Murphy's (1992) elasticity of …
Persistent link: https://www.econbiz.de/10011255487
The provision of non-pecuniary incentives in education is a topic that has received much scholarly attention lately …
Persistent link: https://www.econbiz.de/10011255550
a women’s empowerment programme in rural India on child immunization and school enrolment. The survey covers both …
Persistent link: https://www.econbiz.de/10011255655
illustrate its feasibility with an example from the education sector in Zambia. …
Persistent link: https://www.econbiz.de/10011255836
In this paper we hypothesize that education is associated with a higher efficiency of health investment, yet that this … COPD, education still plays a role. …
Persistent link: https://www.econbiz.de/10011255933
In the Netherlands, students who want to become a medical specialist have toenrol in a training program which is in limited supply. During the search for aposition as trainee (or "junior medical specialist"), they may accept atemporary job as a medical assistant. We use a micro data set to...
Persistent link: https://www.econbiz.de/10011256256