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'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 …
Persistent link: https://www.econbiz.de/10011615502
Labor market performance has differed considerably between OECD countries over the last two decades. The focus of the literature so far has been to ask whether these differences can be explained by varying degrees of labor market rigidities and generosity of welfare states. This paper takes a...
Persistent link: https://www.econbiz.de/10011408964
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011398011
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. …
Persistent link: https://www.econbiz.de/10011398074
The aim of this paper is to study the long-run effects of a longevity increase on individual decisions about education …
Persistent link: https://www.econbiz.de/10010528342
Mobility of highly-skilled workers affects and is affected by labor market conditions, taxes, and other policies. This paper documents the demographic and fiscal importance of international migration, especially in aging societies, reviews the efficiency and distributional effects of mobility,...
Persistent link: https://www.econbiz.de/10010354844
shocks across the life cycle on labor market outcomes and major life decisions: human capital investment, mobility, family …
Persistent link: https://www.econbiz.de/10012745247
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 …
Persistent link: https://www.econbiz.de/10009781565
of education, inequality, and (natural) resources. We highlight two contrasting effects of education and human capital … accumulation. On the one side, education prompts economic growth and enriches the budget of the autocratic elite. On the other side …, education increases the "awareness" of citizens - capturing their reluctance to accept a dictatorship and their labor …
Persistent link: https://www.econbiz.de/10011587539
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/10014251487