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This paper provides an explanation for the observed persistence in income inequality across households in terms limited parental altruism. It is postulated that the degree of parental altruism is ‘limited’ by the financial status of the parent. [CDE WP 101].
Persistent link: https://www.econbiz.de/10005341789
Available evidence suggests high intergenerational correlation of economic status, and persistent disparities in health status between the rich and the poor. This paper proposes a novel mechanism linking the two. Health human capital is introduced into a two-period overlapping generations model....
Persistent link: https://www.econbiz.de/10008543124
people with the highest ability are cloned, while people at the bottom of the distribution of income specialize in surrogacy … workers have a top ability if fertility is uncorrelated with ability and if the distribution of ability among sexually …, rather than abilities, is preserved by sexual reproduction, then cloning eliminates ability-reducing genes but does not …
Persistent link: https://www.econbiz.de/10008532010
The paper examines child labour, lower schooling attendance and attainment, and significantly elevated fertility in families vulnerable to debt bondage.
Persistent link: https://www.econbiz.de/10005528288
Using a model of O-ring production function, the paper demonstrates how certain communities can get caught in a low-literacy trap in which each individual finds it not worthwhile investing in higher skills because others are not high-skilled. The model sheds light on educational policy. It is...
Persistent link: https://www.econbiz.de/10008512470
religion mediate access and returns to education of men and women. The effort is to discuss whether, the capabilities approach … and returns to education compared with knowledge about the dynamics of capability formation generated through a mixture of …
Persistent link: https://www.econbiz.de/10008566188
technology, persons with less education would become victims. The panel model results of Generalised Least Squares using cross …
Persistent link: https://www.econbiz.de/10008690331
In this paper the issue of high dropout rates in India is examined which has adverse implications for human capital formation, and hence for the country’s long term growth potential. Using the 2004-05 National Sample Survey employment-unemployment survey data, transition probabilities of...
Persistent link: https://www.econbiz.de/10009493973
Adolescent fertility in low- and middle-income countries presents a severe impediment to development and can lead to school dropout, lost productivity, and the intergenerational transmission of poverty. However, there is debate about whether adolescent pregnancy is a problem in and of itself or...
Persistent link: https://www.econbiz.de/10010548435
Once the reach of education remains circumscribed only by its functional role in the formation of human capital, which …
Persistent link: https://www.econbiz.de/10009319311