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The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional … variations in the adoption of steam engines across France, the study establishes that in contrast to conventional wisdom that … views early industrialization as a predominantly deskilling process, the industrial revolution was conducive for human …
Persistent link: https://www.econbiz.de/10013003523
This study is the first to explore long-run trends of numeracy for the 1820-1949 period in 165 countries, and its contribution to growth. Estimates of the long-run numeracy development of most countries in Asia, the Middle East, Africa, America, and Europe are presented, using age-heaping...
Persistent link: https://www.econbiz.de/10013316581
plausibly exogenous source of variation in early industrialization across regions of nineteenth-century Prussia, capital …
Persistent link: https://www.econbiz.de/10012956802
industrialization itself. We find that basic education significantly accelerated non-textile industrialization in both phases of the …
Persistent link: https://www.econbiz.de/10013316306
I show how the influences of unskilled immigration, differential fertility between immigrants and the local indigenous population, and incentives for investment in human capital combine to predict the decline of the West. In particular, indigenous low-skilled workers lose from unskilled...
Persistent link: https://www.econbiz.de/10013133620
In this note, we show that labour market integration can be a double-edged sword. In the presence of local human capital externalities, integration and the ensuing agglomeration of skilled labour can cause a decline in human capital and the total wage sum (net of education costs). In particular,...
Persistent link: https://www.econbiz.de/10013137447
This article analyzes the consequences of integration in public education. I show that the flight from the integrated multicultural public schools to private education increases private educational expenditures and, as a result, decreases fertility among more affluent parents whose children...
Persistent link: https://www.econbiz.de/10013121202
This work focuses on a temporary guest-worker-type migration of individuals from the middle class of the wealth distribution. The article demonstrates that the possibility of a low-skilled guest-worker employment in a higher wage foreign country lowers the relative attractiveness of the skilled...
Persistent link: https://www.econbiz.de/10013125698
This paper investigates how precisely short-term, job-search oriented training programs as opposed to long-term, human capital intensive training programs work. We evaluate and compare their effects on time until job entry, stability of employment, and earnings. Further, we examine the...
Persistent link: https://www.econbiz.de/10013105144
We formulate a two-period life-cycle model of saving, labor supply, and human capital investments when individuals differ in ability and initial wealth. Borrowing constraints prevent individuals to optimally smooth consumption over the life-cycle and to optimally invest in human capital. We show...
Persistent link: https://www.econbiz.de/10013084907