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Quantifying the Macroeconomic Impact of COVID-19-Related School Closures Through the Human Capital Channel
la Maisonneuve, Christine de; Égert, Balázs; Turner, David - 2023
This paper uses a new measure of human capital, which distinguishes both quality and quantity components, to estimate the long-term effect of the Covid-19-related school closures on aggregate productivity through the human capital channel. Productivity losses build up over time and are estimated...
Persistent link: https://www.econbiz.de/10014356978
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The Dynamics of Return Migration, Human Capital Accumulation, and Wage Assimilation
Adda, Jérôme; Dustmann, Christian; Goerlach, Joseph-Simon - 2021
This paper develops and estimates a dynamic model where individuals differ in ability and location preference to evaluate the mechanisms that affect the evolution of immigrants’ careers in conjunction with their re-migration plans. Our analysis highlights a novel form of selective return...
Persistent link: https://www.econbiz.de/10013229696
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Geographical Origins and Economic Consequences of Language Structures
Galor, Oded; Özak, Ömer; Sarid, Assaf - 2016
This research explores the economic causes and consequences of language structures. It advances the hypothesis and … cross-language variations in the presence of the future tense, grammatical gender, and politeness distinctions. Moreover …, the research suggests that while language structures have largely reflected the coding of past human experience and in …
Persistent link: https://www.econbiz.de/10011584853
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Male Investment in Schooling with Frictional Labour and Marriage Markets
Bonilla, Roberto - 2020
We present an equilibrium model with inter-linked frictional labour and marriage markets. Women's flow value of being single is treated as given, and it captures returns from employment. Single unemployed men conduct a so-called constrained sequential job search, and can choose to improve their...
Persistent link: https://www.econbiz.de/10012847076
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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
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Climate Changes Affect Human Capital
Caruso, German Daniel; Marcos, Inés de; Noy, Ilan - 2023
Climate change severely impacts critical facets of human capital across the life cycle. This is particularly alarming as both the frequency and intensity of extreme weather shocks continue to increase, and extremes appear to be the main channel of causality. At the same time, human capital has a...
Persistent link: https://www.econbiz.de/10014357808
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Longevity Shocks with Age-Dependent Productivity Growth
Heijdra, Ben J.; Reijnders, Laurie S. M. - 2015
The aim of this paper is to study the long-run effects of a longevity increase on individual decisions about education and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account. We build a model of a closed economy inhabited by...
Persistent link: https://www.econbiz.de/10010531841
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Health Capital Provision and Human Capital Accumulation
Azarnert, Leonid V. - 2020
This article analyzes the effect of public policy intervention in the production of health capital on fertility, private investment in children's health and education and human capital accumulation. I have used a growth model with endogenous fertility, in which the usual parental trade-off...
Persistent link: https://www.econbiz.de/10012840695
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Home Broadband and Human Capital Formation
Sanchis-Guarner, Rosa; Montalbán, José; Weinhardt, Felix - 2021
This paper estimates the effect of home high-speed internet on national test scores of students at age 14. We combine comprehensive information on the telecom network, administrative student records, house prices and local amenities in England in a fuzzy spatial regression discontinuity design...
Persistent link: https://www.econbiz.de/10013250036
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Skill Formation, Temporary Disadvantage and Elite Education
Hjertstrand, Per; Norbäck, Pehr-Johan; Persson, Lars - 2021
Elite skills have become crucial in today’s superstar economy. We develop a multi-period skillformation model where we show that individuals with temporary disadvantages must exert greater effort to gain access to elite education. This “underdog-incentive effect” implies that “educated...
Persistent link: https://www.econbiz.de/10013315204