Showing 1 - 10 of 111
One of the most important policy goals in industrialized countries is to increase the skill level of the labor force by life-long-learning strategies. In this paper our aim is to explain to what extent the variation in training investments is determined either by (observed and unobserved)...
Persistent link: https://www.econbiz.de/10012014276
intergenerational mobility and innovation, and find robust evidence that higher mobility is associated with increased innovation. …
Persistent link: https://www.econbiz.de/10014468954
This paper shows that inventors with an early patenting success have a higher inventive productivity during their remaining career. We use European patent data for a period of 32 years for 1240 German inventors. The patent data are linked with survey data that provide information on an extensive...
Persistent link: https://www.econbiz.de/10012510353
Countries with high income inequality also show a strong association between parents ́and childrenś economic well-being; i.e. low intergenerational mobility. This study is the first to test this relationship in a between and within country setup, using harmonized micro data from 18 Latin...
Persistent link: https://www.econbiz.de/10011440819
Using a structural life-cycle model, we quantify the long-term impact of school closures during the Corona crisis on children affected at different ages and coming from households with different parental characteristics. In the model, public investment through schooling is combined with parental...
Persistent link: https://www.econbiz.de/10012287976
The shock on human capital caused by COVID-19 is likely to have long lasting consequences, especially for children of low-educated families. Applying a counterfactual exercise we project the effects of school closures and other lockdown policies on the intergenerational persistence of education...
Persistent link: https://www.econbiz.de/10012534595
The causes and consequences of the intergenerational persistence of inequality are a topic of great interest among various fields in economics. However, until now, issues of data availability have restricted a broader and cross-national perspective on the topic. Based on rich sets of harmonized...
Persistent link: https://www.econbiz.de/10011698232
Using microsimulations, we nowcast the impact of learning losses caused by COVID-19 on secondary school completion rates, intergenerational mobility of education, and long-run earnings inequality in eight countries Sub-Saharan Africa. On average, secondary school completion rates decrease by 12...
Persistent link: https://www.econbiz.de/10013275358
knowledge spillovers are unmeasurable, a 'goodness of fit' measure is constructed using innovation survey data. It turns out …In this paper it is tested which of the various alternative approaches for constructing knowledge spillover pools … that measures of the uncentered correlation of firm characteristics seem to fit actual knowledge spillovers best. Direct …
Persistent link: https://www.econbiz.de/10013428289
In this paper we present a life-cycle model with human capital investment during working life through training and provide a novel empirical test of human capital theory. Using a sizable pension reform which shifts the retirement age between two adjacent cohorts by three years, we document...
Persistent link: https://www.econbiz.de/10012139004