Showing 1 - 10 of 1,908
We use the elements of a macroeconomic production function-physical capital, human capital, labor, and technology-together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue that religion can enhance or impinge upon economic...
Persistent link: https://www.econbiz.de/10014383297
This paper quantitatively investigates the short- and long-run effects of liberalizing global migration on the world … distribution of income. We develop and parametrize a dynamic model of the world economy with endogenous migration, fertility and … are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases by …
Persistent link: https://www.econbiz.de/10010235847
This paper offers the first systematic historical evidence on the role of a central actor in modern growth theory - the engineer. It collects cross-country and state level data on the labor share of engineers for the Americas, and county level data on engineering and patenting for the US during...
Persistent link: https://www.econbiz.de/10011602763
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...
Persistent link: https://www.econbiz.de/10011309633
that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could … embedded in talented immigrants targeted for innovation. Empirical verification using a VAR regression model in the context of … immigration facilitates innovation with favorable impact on reducing wage-gap. …
Persistent link: https://www.econbiz.de/10012057300
that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could … embedded in talented immigrants targeted for innovation. …
Persistent link: https://www.econbiz.de/10011862868
To examine how human capital accumulation influences both economic growth and income inequality, we carefully endogenize the demand and supply of skills. We explicitly introduce the costs and externalities in education, and examine how both relate to learning-by-doing and R&D intensity. In...
Persistent link: https://www.econbiz.de/10009781636
At the turn of the millennium three frequently cited potential causes of new challenges for wage p olicy in Germany are revisited in this study: skilled-biased technological progress, the increasing international integration of labor and product markets, and the monetary integration of the EMU....
Persistent link: https://www.econbiz.de/10009781695
Is human capital a robust predictor of good institutions? Using a new institutional quality measure, the International Property Rights Index (IPRI), we find that cognitive skill measures are significant, robust, and large in magnitude. We use two databases of cognitive skills: estimates of...
Persistent link: https://www.econbiz.de/10010354080
This paper uses a historical setting to study when religion can be a barrier to the diffusion of knowledge and economic development, and through which mechanism. I focus on 19th-century Catholicism and analyze a crucial phase of modern economic growth, the Second Industrial Revolution...
Persistent link: https://www.econbiz.de/10012039060