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creative occupations rather than education. Consistent with Florida’s notion of creativity, it suggests a microfoundation that …
Persistent link: https://www.econbiz.de/10010406921
capital focusing on formal education. Future empirical research should take into account other important determinants of human … capital such as the quality of education, the experience of the workforce, and the health status and the nutritional status of …
Persistent link: https://www.econbiz.de/10011472072
, misspecifies the relationship between education and the stock of human capital. Based on human capital theory, the specification of … human capital should be extended to allow for decreasing returns to education and for differences in the quality of a year … of education. Cross-country differences in qualityadjusted human capital can account for about half the world …
Persistent link: https://www.econbiz.de/10011473489
We combine the augmented Solow model with the Mincer equation to derive a specification that identifies an education … of the education externality, which is given by the difference between the microeconomic and the macroeconomic return to … education. Relative to our benchmark value that is based on a parameterization of the derived specification, we find that the …
Persistent link: https://www.econbiz.de/10003656302
This paper analyses the wage premia associated with workers' occupational use of foreign languages in Germany. After eliminating time-invariant unobserved heterogeneity and other confounding factors, sizable returns of about 10 percent to applying fluent English skills are found. Returns to...
Persistent link: https://www.econbiz.de/10010192306
This study investigates the relation between human capital depreciation during family-related career interruptions and occupational choice of women in the (West) German labour market. In contrast to other studies that do not explicitly focus on family-related career interruptions, we find that...
Persistent link: https://www.econbiz.de/10003550441
respect to skills acquired through education but also with respect to noncognitive skills (personality). We measure the … the Big Five personality traits from several German worker surveys. Even though we control extensively for education and …
Persistent link: https://www.econbiz.de/10011557926
Do the sovereign wealth funds of Kazakhstan and Azerbaijan promote the sustainable use of government oil revenues? We …
Persistent link: https://www.econbiz.de/10008661898
Among ENP countries, Azerbaijan is outstanding because it leans on its resource base and sees the EU at the receiving … ; Azerbaijan ; ENP ; Transition Economies ; Institutional Change ; Governance ; Resource Curse …
Persistent link: https://www.econbiz.de/10003878212
Persistent link: https://www.econbiz.de/10010260183