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Human capital investment and globalization in extortionary states

Andersson, Fredrik; Konrad, Kai A. - 2001

This paper considers education investment and public education subsidies in closed and open economies with an … extortionary government. The extortionary government in a closed economy has incentives to subsidize education in order to overcome … their education policies if highly productive labor is fully mobile. Extortionary governments' incentives for education …

Persistent link: https://www.econbiz.de/10011339679

The making of social democracy: the economic and electoral consequences of Norway’s 1936 folk school reform

Acemoglu, Daron; Pekkarinen, Tuomas; Salvanes, Kjell G.; … - 2021

by the reform significantly increased their education and experienced higher labor income. Our main result is that the …. These results are not driven by the direct impact of education and are not explained by higher turnout, or greater attention …

Persistent link: https://www.econbiz.de/10012602970

The effect of labor market shocks across the life cycle

Salvanes, Kjell G.; Willage, Barton; Willén, Alexander - 2022

Adverse economic shocks occur frequently and may cause individuals to reevaluate key life decisions in ways that have lasting consequences for themselves and the economy. These life decisions are fundamentally tied to specific periods of an individual's career, and economic shocks may therefore...

Persistent link: https://www.econbiz.de/10013415340

Natural resources, demand for skills, and schooling choices

Bütikofer, Aline; Dalla-Zuanna, Antonio; Salvanes, Kjell G. - 2023

new needs of the industry by enrolling more in vocational secondary education. We also observe a decrease in academic high …

Persistent link: https://www.econbiz.de/10014311599