Showing 1 - 10 of 1,522
I study a model where Information Technology, while typically increasing overall inequality, is likely to harm some people at intermediate and high levels of the distribution of income but to benefit people at the bottom. Within a given occupation it may harm some workers while benefitting...
Persistent link: https://www.econbiz.de/10011401091
Maddison's international panel data show that technically it was the faster growth rate of the US economy that led to its overtaking the UK as economic superpower. We explore the contributing factors. Identifying the land-grant colleges system triggered by the 1862/1890 Morrill Acts (MAs) as a...
Persistent link: https://www.econbiz.de/10011880789
Using a large-scale novel panel dataset (2005-14) on schools from the Indian state of Assam, we test for the impact of violent conflict on female students' enrollment rates. We find that a doubling of average killings in a district-year leads to a 13 per cent drop in girls' enrollment rate with...
Persistent link: https://www.econbiz.de/10011517894
This paper offers a thesis for why the US overtook the UK and other European countries in the 20th century in both aggregate and per capita GDP as a case study of recent models of endogenous growth, where "human capital" is the engine of growth. By human capital we mean an intangible asset, best...
Persistent link: https://www.econbiz.de/10011881092
This paper investigates the causal consequences of Tropical Storm Agatha (2010) - the strongest tropical storm ever to strike Guatemala since rainfall records have been kept - on household welfare. The analysis reveals substantial negative effects, particularly among urban households. Per capita...
Persistent link: https://www.econbiz.de/10010472574
Powerful currents have reshaped the structure of families over the last century. There has been (i) a dramatic drop in fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a decline in marriage and a rise in divorce; (iv) a higher...
Persistent link: https://www.econbiz.de/10011581624
Trends in skill bias and greater turbulence in modern labor markets put wages and employment prospects of unskilled workers under pressure. Weak incentives to utilize and maintain skills over the life-cycle become manifest with the ageing of the population. Reinvention of human capital policies...
Persistent link: https://www.econbiz.de/10003932493
Existing growth research provides little explanation for the very large differences in long-run growth performance across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of economic institutions and quantitative measures of...
Persistent link: https://www.econbiz.de/10009315299
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10010370094
We examine economic growth, inequality and education when the wellspring of growth is the formation of human capital through a combination of the quality of child-rearing and formal schooling. The existence of multiple steady states is established, including a poverty trap, wherein children work...
Persistent link: https://www.econbiz.de/10011403095