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A New Macroeconomic Measure of Human Capital Exploiting PISA and PIAAC : Linking Education Policies to Productivity

Égert, Balázs; de la Maisonneuve, Christine; Turner, David - 2022

This paper provides a new measure of human capital using PISA and PIAAC surveys, and mean years of schooling. The new measure is a cohort-weighted average of past PISA scores (representing the quality of education) of the working age population and the corresponding mean years of schooling...

Persistent link: https://www.econbiz.de/10013290779

The Policy Drivers of Self-Employment : New Evidence from Europe

Mourougane, Annabelle; Égert, Balázs; Baker, Mark; … - 2021

Using cross-country time series panel regressions for the last two decades, this paper seeks to identify the main policy and institutional factors that explain the share of self-employment across European countries. It looks at the aggregate share of self-employed as well as its breakdown by...

Persistent link: https://www.econbiz.de/10013314762

The Contribution of Human Capital and its Policies to Per Capita Income in Europe and the OECD

Égert, Balázs; Botev, Jarmila; Turner, David - 2021

This paper studies empirically the effect of education policies on human capital and per capita income. The results suggest for European and OECD countries that higher attendance at pre-primary education, greater autonomy of schools and universities, a lower student-to-teacher ratio, higher age...

Persistent link: https://www.econbiz.de/10013314766

Real convergence, price level convergence and inflation differentials in Europe

Égert, Balázs - 2007

root of different inflation rates in Europe including the EU-27. Among others, we study the structural and cyclical factors … factors on observed inflation rates first in an accounting framework and then by relying on panel estimations. Our estimation … important drivers of inflation rates in an enlarged Europe. House prices matter to some extent in the euro area, whereas the …

Persistent link: https://www.econbiz.de/10010264234

Real Convergence, Price Level Convergence and Inflation Differentials in Europe

Égert, Balázs - 2021

Persistent link: https://www.econbiz.de/10013316808

The Impact of the War on Human Capital and Productivity in Ukraine

Égert, Balázs; de la Maisonneuve, Christine - 2023

In addition to the humanitarian suffering and huge immediate economic costs, the war in Ukraine will have long-term consequences, among which are losses in human capital that will impact aggregate productivity for many years. Exploiting a new stock measure of human capital combining the quality...

Persistent link: https://www.econbiz.de/10014377487

The Policy Drivers of Self-Employment: New Evidence from Europe

Mourougane, Annabelle; Égert, Balázs; Baker, Mark; … - 2020

Persistent link: https://www.econbiz.de/10012425686

Dutch disease scare in Kazakhstan: is it real?

Égert, Balázs; Leonard, Carol S. - 2007

In this paper we explore the evidence that would establish that Dutch disease is at work in, or poses a threat to, the Kazakh economy. Assessing the mechanism by which fluctuations in the price of oil can damage non-oil manufacturing - and thus long-term growth prospects in an economy that...

Persistent link: https://www.econbiz.de/10010264104

Determinants of house prices in Central and Eastern Europe

Égert, Balázs; Mihaljek, Dubravko - 2007

This paper studies the determinants of house prices in eight transition economies of central and eastern Europe (CEE …

Persistent link: https://www.econbiz.de/10010273771

Infrastructure and gowth : empirical evidence

Égert, Balázs; Kozluk, Tomasz; Sutherland, Douglas - 2009

Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure investment can have a positive effect on growth that goes beyond the effect of the capital stock because of economies of scale, the existence of network externalities competition...

Persistent link: https://www.econbiz.de/10010273809