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Empirical evidence suggests that sectoral export growth decreases exporters' survival probability, whereas this is not true for non-exporters. Models with firm heterogeneity in total factor productivity (TFP) predict the opposite. To solve this puzzle, we develop a two{factor framework where...
Persistent link: https://www.econbiz.de/10011382743
We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical …
Persistent link: https://www.econbiz.de/10010231657
This paper examines the effects of a massive salt iodization program on human capital formation of school-aged children in China. Exploiting province and time variation, we find a strong positive impact on cognition for girls and no effects for boys. For non-cognitive skills, we find the...
Persistent link: https://www.econbiz.de/10012427619
A large literature establishes that cognitive and non-cognitive skills are strongly correlated with educational attainment and professional achievement. Isolating the causal effects of these traits on career outcomes is complicated by reverse causality and selection issues. We suggest a new...
Persistent link: https://www.econbiz.de/10012650131
We use a novel approach to explore how people sort into different careers based on their personality skills. We link genetic data from individuals in the Swedish Twin Registry to government register data, making use of new polygenic indices that capture the genetic predispositions of individuals...
Persistent link: https://www.econbiz.de/10013359052
A large literature establishes that cognitive and non-cognitive skills are strongly correlated with educational attainment and professional achievement. Isolating the causal effects of these traits on career outcomes is made difficult by reverse causality and selection issues. We suggest a...
Persistent link: https://www.econbiz.de/10014245859
Are genetic differences between people associated with their career choices? We link data from a large sample of genotyped individuals to Swedish government register data on study major and occupation. Our data contains polygenic indices that summarize genetic variants linked to several...
Persistent link: https://www.econbiz.de/10014245862
This paper analyzes the determinants of choosing a technical study at university level and of persistence in it. We find that - in the Netherlands - there is a low correlation between the probability of a student choosing a technical study and the probability of persistence in it. This implies...
Persistent link: https://www.econbiz.de/10010232876
This paper studies how linear tax and education policy should optimally respond to skill-biased technical change (SBTC). SBTC affects optimal taxes and subsidies by changing i) direct distributional benefits, ii) indirect redistributional effects due to wage-(de)compression, and iii) education...
Persistent link: https://www.econbiz.de/10012404177
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