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Human capital formation : the importance of endogenous longevity
Galama, Titus J.; Van Kippersluis, Hans - 2022
We present a theory of human capital, with its two most essential components, health capital and, what we term, skill capital, endogenously determined within the model. Using the theory, and a calibrated version of it, we uncover and highlight an important economic mechanism driving...
Persistent link: https://www.econbiz.de/10013172987
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Investment in post-compulsory education in Sri Lanka
Ranasinghe, Athula; Hartog, Joop - 1997
Persistent link: https://www.econbiz.de/10000953505
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Education, growth and income inequality
Teulings, Coen N.; Rens, Thijs van - 2003 - This version: February 2003
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the … of education reduces the private return by 2 percentage points, consistent with Katz-Murphy's (1992) elasticity of …
Persistent link: https://www.econbiz.de/10011325967
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When culture does not matter : experimental evidence from coalition formation ultimatum games in Austria and Japan
Okada, Akira; Riedl, Arno - 1999 - This version: March, 1999
This paper reports the results of a cross-country comparison between Austria andJapan for an experimental 3-personcoalition formation ultimatum game. The experimental design allows thecomparison with respect to three decisions. (i)The coalition decision, (ii) proposers' demand behavior in 2- and...
Persistent link: https://www.econbiz.de/10011301151
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International technology diffusion of joint and cross-border patents
Chang, Chia-Lin; McAleer, Michael; Tang, Ju-Ting - 2013
Persistent link: https://www.econbiz.de/10009784939
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A theory of socioeconomic disparities in health over the life cycle
Galama, Titus J.; Van Kippersluis, Hans - 2010
Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a suffciently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. We present a life-cycle model that...
Persistent link: https://www.econbiz.de/10011381036
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Measurement error in education and growth regressions
Portela, Miguel; Alessie, Rob; Teulings, Coen N. - 2005
The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …
Persistent link: https://www.econbiz.de/10011335189
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Heterogeneous agents, human capital formation and international income inequality
Munandar, Haris - 2007
place via public investment in education financed by tax, and parental education; (3) due to variation in individual human …. Besides exploring cross-country variation in public education, how its low level can lead to a poverty trap and how its high …
Persistent link: https://www.econbiz.de/10011374433
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Entrepreneurship, wage employment and control in an occupational choice framework
Douhan, Robin; Praag, Mirjam van - 2009
We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...
Persistent link: https://www.econbiz.de/10011378332
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Returns for entrepreneurs versus employees : the effect of education and personal control on the relative performance of entrepreneurs vis-a-vis wage employees
Praag, Mirjam van; Witteloostuijn, Arjen van; Sluis, … - 2009
How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences …? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of … US labor force participants. We show that education affects peoples’ decisions to become an entrepreneur negatively. We …
Persistent link: https://www.econbiz.de/10011379475