In contexts such as education and sports, skill-accumulation of individuals over time crucially depends on the amount …

out in the form of bequest and investment in human capital. We examine in competitive equilibrium the optimal provision of … education with and without capital markets integration. First, we explore how regimes of education provision - public, private …-run effects of capital markets integration, in equilibrium, on the optimal provision of education and growth. Third, we examine a …

investment and retirement decisions in a simple analytical life-cycle model with full certainty and investigate how different … social security schemes may a¤ect welfare, human capital investment and labor supply. We analyze and compare three different … contributions and benefits increase human capital investment and postpone retirement. …

view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to …

causal effect of human capital on income, net of the innovation channel …

's education and age. We find that skilled human capital has a significant positive effect on firms' innovation, while the … role in firm innovation in metropolitan cities, while it is the General Manager's education that has a positive and …Understanding the factors that may produce a sustained rate of innovation is important for promoting economic …