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Regional clusters of innovative activity in Europe : are social capital and geographical proximity the key determinants?

Dominicis, Laura de; Florax, Raymond J. G. M.; Groot, … - 2011

Europe, ongoing globalization and increased interregional and international co-operation, location patterns of innovative … transmission for the production of innovative output in Europe. Several other variables are used to control for structural …

Persistent link: https://www.econbiz.de/10011382705

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

Education and efficient redistribution

Dur, Robert A. J.; Teulings, Coen N. - 2001

Persistent link: https://www.econbiz.de/10001611759

Human capital and retirement

Alders, Peter - 1999

This paper investigates the relation between human capital andretirement when the age of retirement is endogenous. This relation isexamined in a life-cycle earnings model. An employee works full timeuntil retirement. The worker accumulates human capital by training-on-the-job and by...

Persistent link: https://www.econbiz.de/10011302147

Capital market failure, adverse selection and equity financing of higher education

Jacobs, Bas; Wijnbergen, Sweder van - 2005

We apply theories of capital market failure to ana1yzeoptima1 financing of risky higher education. In the market … solution,students can only finance their education through debt. There isunderinvestment in human capita1, because some … equityfinancing of education coupled to provision of some income insuranceis the optimal way to finance education when private markets …

Persistent link: https://www.econbiz.de/10011343276

Human capital and optimal positive taxation of capital income

Jacobs, Bas; Bovenberg, Ary Lans - 2005

This paper analyzes optimal linear taxes on capital and labor incomes in a life-cyclemodel of human capital investment, financial savings, and labor supply with heteroge-nous individuals. A dual income tax with a positive marginal tax rate on not onlylabor income but also capital income is...

Persistent link: https://www.econbiz.de/10011343277

Human capital formation, income inequality and growth

Viaene, Jean-Marie; Zilcha, Itzhak - 2001

parental human capital;intergenerational transfers, accomplished via investment in the education of the younger generation … production is affected by 'home-education' , provided bythe parents, as well as 'public-education , which is provided equally to …

Persistent link: https://www.econbiz.de/10011318579

The value of human and social capital investments for the business performance of start-ups

Bosma, Niels; Praag, Mirjam van; Thurik, Adriaan R.; … - 2002

We investigate the manifold posed question: To what extent does investment in human and social capital, besides the effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival, profits, and generated employment. On the basis of the...

Persistent link: https://www.econbiz.de/10011326404

Optimal taxation of human capital and credit constraints

Jacobs, Bas - 2002

We study optimal linear income taxation in a model with heterogeneous agents where earnings potentials are endogenously determined through human capital accumulation. Agents differ in initial conditions and ability to learn. Capital market imperfections prevent poor agents to invest optimally in...

Persistent link: https://www.econbiz.de/10011326966

Comparative advantage, relative wages, and the accumulation of human capital

Teulings, Coen N. - 2002

I apply Ricardo’s principle of comparative advantage to a theory of factor substitutability in a model with a continuum … of worker and job types. Highly skilled workers have a comparative advantage in complex jobs. The model satisfies the …

Persistent link: https://www.econbiz.de/10011327541

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