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Saint-Paul, Gilles - 2002

distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …

Persistent link: https://www.econbiz.de/10011415064

Endogenous indoctrination : occupational choice, the evolution of beliefs, and the political economy of reform

Saint-Paul, Gilles - 2009

Much of the political economy analysis of reform focuses on the conflict of interest between groups that stand to gain or lose from the competing policy proposals. In reality, there is also a lot of disagreement about the working of the policy: in addition to conflicting interests, conflicting...

Persistent link: https://www.econbiz.de/10003902085

The economics of human cloning

Saint-Paul, Gilles - 2000

In this paper, we analyze the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone?s income can be appropriated by its model. Only people with the highest ability are cloned, while people at...

Persistent link: https://www.econbiz.de/10001545534

Financing constraints and employers' investment in training

Brunello, Giorgio; Gereben, Áron; Weiss, Christoph; … - 2020

Using a representative sample of European firms, we study whether and to what extent financing constraints affect employers' decision to invest in employee training. We combine survey data on investment activities with administrative data on financial statements to develop an index of financing...

Persistent link: https://www.econbiz.de/10012193982

The stairways to heaven : a model of career choice in sports and games, with an application to chess

Ariga, Ken; Brunello, Giorgio; Iwahashi, Roki; Rocco, … - 2008

We model individual careers in sports and games from initial entry to eventual exit or success as a discrete-choice, finite-horizon optimization problem. We apply this model to the international game of chess and study cross-country differences in the relative success of players. While we find...

Persistent link: https://www.econbiz.de/10003646733

Selective schools

Brunello, Giorgio; Giannini, Massimo - 1999

This paper studies how schooling admission tests affect economic performance in an economy where individuals are endowed with both academic and non academic abilities and both abilities matter for labor productivity. We develop a simple model with selective government held schools, where...

Persistent link: https://www.econbiz.de/10011316915

An explanation of international differences in education and workplace training

Brunello, Giorgio; Medio, Alfredo - 2000

We develop a simple search equilibrium model of workplace training and education based on two features. First, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with vacant skilled job slots can choose between recruitment...

Persistent link: https://www.econbiz.de/10011325670

Information technology and the knowledge elites

Saint-Paul, Gilles - 2001

occupation it may harm some workers while benefitting others; and it may either reduce or increase the proportion of knowledge … workers in employment. In my model, knowledge (in a broad sense) is an input into the production function of human capital …-quality one. People differ in their exogenous ability and ability is complementary with the quality of the knowledge input in the …

Persistent link: https://www.econbiz.de/10011401091

Secular satiation

Saint-Paul, Gilles - 2017

satiation. This, despite that the social costs of innovation are second order compared to their social benefits. Multiple … savings reduces interest rates, which boosts the rate of innovation. When TFP grows exogenously and labor supply is …

Persistent link: https://www.econbiz.de/10011704209

Distribution and growth in an economy with limited needs

Saint-Paul, Gilles - 2001

or in the knowledge sector, which designs new varieties. It is shown that if the elasticity of labor supply to the … knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with …

Persistent link: https://www.econbiz.de/10011401020