Showing 1 - 10 of 97
The paper examines the effect of heterogeneity in individual human capital formation on cross-country income inequality …) individuals are heterogeneous with respect to inborn ability and parental human capital; (2) intergenerational transfers take … capital, we have endogenous heterogeneity both in labor supply and in parents’ participation in self-educating their offspring …
Persistent link: https://www.econbiz.de/10011261923
The paper studies the effects of cross-country differences in the productionprocess of human capital on income … withrespect to parental human capital and wealth; (2) intergenerational transfers takeplace via parental education and, public … capital, which is a factor of production, we have endogenous growth. Weexplore several types of cross-country variations in …
Persistent link: https://www.econbiz.de/10011256806
We examine linkages between aggregate household income, distribution of that income, and aggregate cross-country expenditure patterns. We are able to decompose income effects into international income dispersion effects (from variations in average income) and national income dispersion (income...
Persistent link: https://www.econbiz.de/10011255538
In this paper it is argued that subjective well-being of the individual depends on two types of variables. The first type consists of characteristics of the individual himself, such as age, health, income, etc. The second type of variables consists of the characteristics of the individuals...
Persistent link: https://www.econbiz.de/10011256511
Expectations and information about the growth of GDP per capita have a large influence on decisions made by private and public economic agents. It will be argued here that GDP (per capita) is far from a robust indicator of social welfare, and that its use as such must be regarded as a serious...
Persistent link: https://www.econbiz.de/10011257560
Europe aims at combining income growth with improvements in social cohesion as measured by income and health inequalities. We show that, theoretically, both aims can be reconciled only under very specific conditions concerning the type of growth and the income responsiveness of health. We...
Persistent link: https://www.econbiz.de/10011257624
This discussion led to a publication in the 'Journal of Health Economics', 2013, 32, 6, 1214–1229.<P> During the last decades, China has experienced double-digit economic growth rates and rising inequality. This paper implements a new decomposition on the China Health and Nutrition panel Survey...</p>
Persistent link: https://www.econbiz.de/10011255894
areimperfect substitutes in production, an increase in the level ofhuman capital in the economy reduces the return to education … capital.We discuss empirical evidence on three crucial elasticities. Ourargument explains the actual pattern of education …
Persistent link: https://www.econbiz.de/10011256508
The emergence of the housewife in the Netherlands over the period 1812-1922 was strongly influenced by the social norm that women should withdraw from the labour market on the eve of marriage. Adherence to this norm is most clearly reflected in the emergence of the housewife among the lower...
Persistent link: https://www.econbiz.de/10011255770
This study investigates the short- and long-run impact on population dynamics of the major flood in the Netherlands in 1953. A dynamic difference-in-differences analysis reveals that the flood had an immediate negative impact on population growth, but limited long term effects. In contrast, the...
Persistent link: https://www.econbiz.de/10011257252