We analyze the implications of communitarianism-the tendency of people to organize into separate culturally homogeneous groups-for individual and group inequality in human capital accumulation. We propose a non-cooperative social interactions model where each individual decides how much time to...

This paper models the relationship between countries' distance from global economic activity, endogenous investments in education and economic development. Firms in remote locations pay greater trade costs on both exports and intermediate imports, reducing the amount of value added left to...

This article has two main objectives: The first one is to review the most commonly used methods of measuring human capital in the macroeconomic analysis. Here, a summary of methods considering educational characteristics of population and labour force is presented, such as usage of literacy...

This research study analyzed the patterns of time allocation, in particular, the consequences of child labor on the accumulation of schooling among children and adolescents. Methodologically, the investigation had two stages. The first one, based on national household survey data, analyzed the...

Empirical results using Japanese data suggest that social trust improves student language and mathematics achievement test scores in primary and junior high school. After controlling for endogeneity bias, social trust had a greater effect on scores for primary school students than on scores for...

This paper attempts to examine how social trust influences human capital formation using prefectural level data in Japan. To this end, I constructed a proxy for social trust, based on the Japanese General Social Surveys. After controlling for socioeconomic factors, I found that social trust...

Education is an important pillar in the national economic development. It contributes to economic growth in varied forms. The educational system in Eritrea shows all the symptoms of prolonged neglect under colonialism and war. But education plays a key role in the development after independence....

This paper examines career choices using a dynamic structural model that nests a job search model within a human capital model of occupational and educational choices. Individuals in the model decide when to attend school and when to move between firms and occupations over the course of their...

The objective of this paper is to examine the impact of education reforms on earnings. One of the significant changes in the Malaysian education system was the schooling reform of 1970 that changed the medium of instruction from the English language to the Malaysian national language. Using data...

The dilemma of providing effective education particularly in developing countries with limited resources and ambiguous calculations of rates of return due to unstable economies and labour market fluctuations makes it an absolute necessity to consider costs and benefits associated both with...