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To what extent do imbalances in the ratio of men to women in the population account for the historical trends in marriage and divorce? To answer this question, we build a model of marriage with two main features. First, there exists asymmetry across men and women with respect to the length of...
Persistent link: https://www.econbiz.de/10005069553
In this paper we explicitly model and estimate an education system that produces human capital. An important innovation is that technological change in the production functions associated with any level of education is permitted and the rate of change may be different at different levels and for...
Persistent link: https://www.econbiz.de/10005069560