Showing 1 - 10 of 162
amenities that work through household production instead of directly through the utility function. Area characteristics … (amenities) affect household production, causing certain kinds of human capital investments to be rewarded more than others. Area …
Persistent link: https://www.econbiz.de/10013316857
This paper provides a unified theory of the economic and demographic transition. Individuals make optimal decisions about fertility, education of their children and the type and intensity of the investments in their own education. These decisions are affected by different dimensions of mortality...
Persistent link: https://www.econbiz.de/10013316935
Persistent link: https://www.econbiz.de/10000971725
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled … the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled …. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and …
Persistent link: https://www.econbiz.de/10013106287
This paper empirically analyzes the impact of Chinese minimum wage regulations on the firm decision to invest in physical and human capital. We exploit the geographical and inter-temporal variations of county-level minimum wages in a panel data set of all state-owned and all above-scale...
Persistent link: https://www.econbiz.de/10012979850
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth …
Persistent link: https://www.econbiz.de/10013325091
Persistent link: https://www.econbiz.de/10003721919
"Empirical evidence suggests that the higher-order effects of natural disasters, which affect intangible assets, may be even more important than the material inter-industry effects. However, most existing general equilibrium models ignore higher order effects concerning human capital. Moreover,...
Persistent link: https://www.econbiz.de/10003821275
This paper examines the links between adverse events, depression, and decision making in Nigeria. It investigates how events such as conflicts, shocks, and deaths can affect short-term perceptions of welfare, as well as longer term decisions on economic activities and human capital investments....
Persistent link: https://www.econbiz.de/10012564785
We propose an original model of human capital investments after leaving school in which individuals differ in their initial human capital obtained at school, their rate of return, their costs of human capital investments and their terminal values of human capital at a fixed date in the future....
Persistent link: https://www.econbiz.de/10013081797