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increasing education and declining labor supply (of cohorts born 1850-1950) as an optimal response to increasing active life …-run economic development. -- longevity ; active life expectancy ; education ; hours worked ; economic growth. …
Persistent link: https://www.econbiz.de/10009619090
firms. In so doing we integrate a micro-founded education and fertility decision of households into a model of international … in the education level of its population, ii) the export share of a country decreases in the birth rate of its population …, iii) the average profitability of firms increases in the education level of a country, iv) the average profitability of …
Persistent link: https://www.econbiz.de/10009757285
sophisticated products; and (ii) whether education helps reduce path-dependence, or to develop comparative advantage in … of the quality and quantity of education that a country's workforce possesses. We find, first, that, over this period … to approach new products. Second, there is strong evidence consistent with the view that education helps reduce this path …
Persistent link: https://www.econbiz.de/10010367337
Persistent link: https://www.econbiz.de/10010250451
This paper presents a theoretical model to analyze the effects of technology change on growth rates of income and human capital in the uncertain environments of technology. The uncertainty comes from two sources; the possibility of a technology advance and the characteristics of new...
Persistent link: https://www.econbiz.de/10003817262
urbanization. We also find positive and significant effects of industrialization and education on urbanization, consistent with the …
Persistent link: https://www.econbiz.de/10009781149
We provide the first evidence that low- and middle-income countries with high education levels were more successful in … of target products to these countries' exports, education appears unimportant for developing comparative advantage in … products that are intrinsically complex or education intensive. These results are supported by analysis of the evolution of …
Persistent link: https://www.econbiz.de/10012491774