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We study the evolution of educational attainment of the 1932–1972 cohorts using a calibrated model of investment in human capital with heterogeneous learning ability. The inter-cohort variation in schooling is driven by changes in skill prices, tuition, and education quality over time, and...
Persistent link: https://www.econbiz.de/10011186227
We study the evolution of educational attainment of the 1932–1972 cohorts using a calibrated model of investment in human capital with heterogeneous learning ability. The inter-cohort variation in schooling is driven by changes in skill prices, tuition, and education quality over time, and...
Persistent link: https://www.econbiz.de/10010894991
This review of the innovation literature seeks to identify the role of skilled labor in the process of innovation and … technological change. After an introduction of main innovation theories, the role of skills is analyzed from several perspectives … skilled labor to innovation from within the firm and from external sources. (3) Regional systems of innovation - Endowment of …
Persistent link: https://www.econbiz.de/10005770806
impact of innovation on labour productivity using firm data from national innovation and administrative surveys. To ensure … of innovation 2005 linked with the Annual Survey of Manufactures and Logging (ASML). The estimated econometric model … probability to innovate and having positive innovation sales. (2) Exports (both to the US and outside of the US market …
Persistent link: https://www.econbiz.de/10008496434
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How and why does the firm size distribution differ across countries? This paper documents that features of the firm size distribution are strongly associated with income per capita. Richer countries have fewer entrepreneurs and fewer small firms. The average, dispersion and skewness of firm size...
Persistent link: https://www.econbiz.de/10010883526