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education. Public education is favourable for growth because it increases the level of human capital and at the same time it … more political support for education; increased political rights are good for growth and also imply a more equal income …
Persistent link: https://www.econbiz.de/10005661435
We consider a continuum of workers ranked according to their ability to acquire education, and two firms with different … technologies that compete imperfectly in wages to attract these workers. Once employed, each worker bears an education cost … education cost or wages and compare them. We found that the first best allocation can only be implemented by selective policies …
Persistent link: https://www.econbiz.de/10005661521
emerge. First, minor differences in education technologies, preferences, or wealth, can lead to a high degree of … inequality in education and income more persistent across generations. Whether the same is true of inequality in total wealth … richer communities; thus average academic performance and income growth both fall. Yet it may still be possible for education …
Persistent link: https://www.econbiz.de/10005661649
Parents with higher education levels have children with higher education levels. Is this because parental education … actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely that more … able individuals who have higher education also have more able children? This Paper proposes to answer this question by …
Persistent link: https://www.econbiz.de/10005661653
Estimates of the effect of education on GDP (the social return to education) have been hard to reconcile with micro … human capital is negatively related to its return, and a higher education level compresses wage differentials. We use cross … that the private return falls by 1.5 percentage points when the average education level increases by a year, which is …
Persistent link: https://www.econbiz.de/10005661700
performance in further education or in the labour market, and we seek evidence of such phenomena in Italian data. If students … public schools than for those who choose to pay for private education. …
Persistent link: https://www.econbiz.de/10005661775
This paper reinterprets a simple model of growth and fluctuations across many economies to allow for the explicit characterization of the dynamically-evolving cross-economy distribution of income. Such a framework provides a more natural, revealing study of the convergence hypothesis. The data...
Persistent link: https://www.econbiz.de/10005661869
This study examines the extent to which the transition from university education to work is characterized by persistent …
Persistent link: https://www.econbiz.de/10005662002
education. First, people- and household-based effects (internal returns to education and household wage and education … externalities) generate socioeconomic incentives for people to get an education and work, which are stronger in countries with the … regional interpersonal income and educational inequality, also influence wages and education in different ways across welfare …
Persistent link: https://www.econbiz.de/10008854522
largely causal. Relative to children who did not lose a parent, the education of the deceased parent is less important in … determining child outcomes, while the education of the surviving parent becomes a stronger factor. Moreover, within the group of … families that lost a parent, this pattern intensifies when a child loses a parent earlier in life--the education of the …
Persistent link: https://www.econbiz.de/10008854548