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Education and Growth with Learning by Doing
Marconi, Gabriele - 2015
We develop a general equilibrium overlapping generations model which is based on the view that education makes workers more productive by increasing their ability to learn from work experience, rather than providing skills that directly increase productivity. One important implication of the...
Persistent link: https://www.econbiz.de/10013021942
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Efficient Subsidization of Human Capital Accumulation with Overlapping Generations and Endogenous Growth
Richter, Wolfram F. - 2010
This paper studies second-best policies in an OLG model in which endogenous growth results from human capital accumulation. When young, individuals decide on education, saving, and nonqualified labour. When old, individuals supply qualified labour. Growth equilibria are inefficient in...
Persistent link: https://www.econbiz.de/10013149817
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Job Creation in a Multi-Sector Labor Market Model for Developing Economies
Basu, Arnab K. - 2016
exacerbates unemployment. Our richer setting allows for generational differences in the motivations for job search to be reflected … in two distinct inverted U‐shaped relationships between unemployment and high‐wage employment, one for youth and a … different one for adults. In turn, the relationship between overall unemployment and high‐wage employment is shown to be non …
Persistent link: https://www.econbiz.de/10012989832
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Optimal Redistributive Taxation and Provision of Public Input Goods in an Economy with Outsourcing and Unemployment
Aronsson, Thomas - 2010
unemployment also constitutes an incentive to implement a tax on outsourcing. Without a direct instrument for taxing outsourcing …
Persistent link: https://www.econbiz.de/10013152608
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The Elasticity of Labor Demand and the Optimal Minimum Wage
Danziger, Leif - 2006
Contrary to widespread belief, we show that low-pay workers might not generally prefer that the minimum wage rate be increased to a level where the labor demand is unitary elastic. Rather, there exists a critical value of elasticity of labor demand such that increases in the minimum wage rate...
Persistent link: https://www.econbiz.de/10012779195
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Equilibrium Health Spending and Population Aging in a Model of Endogenous Growth : Will the GDP Share of Health Spending Keep Rising?
Ehrlich, Isaac - 2014
The apparently unrelenting growth in the GDP-share of health spending (SHS) has been a perennial issue of policy concern. Does an equilibrium limit exist? The issue has been left open in recent dynamic models which take income growth and population aging as given. We view these variables as...
Persistent link: https://www.econbiz.de/10013058739
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Demography, Capital Flows and Unemployment
Marchiori, Luca - 2011
unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetries may have contributed to unemployment and welfare changes in the recent past …
Persistent link: https://www.econbiz.de/10013118521
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Job Losses and Child Outcomes
Bratberg, Espen; Nilsen, Øivind Anti; Vaage, Kjell - 2021
Based on matched employer-employee data from Norway, we analyze the effects of worker displacement in 1986-1987 on their children's earnings in 1999-2001. Using displacement of fathers to indicate an exogenous earnings shock we seek to identify whether family resources have a direct effect on...
Persistent link: https://www.econbiz.de/10013316938
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Minimum Wages, Labor Market Institutions, and Female Employment and Unemployment : A Cross-Country Analysis
Addison, John T. - 2010
of time-varying policy and institutional regressors. Yet another is our examination of unemployment and participation … lower participation, even if the unemployment effects are muted. Although we report some similar findings to Neumark and …
Persistent link: https://www.econbiz.de/10013138490
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Minimum Wages, the Earned Income Tax Credit, and Employment : Evidence from the Post-Welfare Reform Era
Neumark, David - 2007
We study the effects of minimum wages and the EITC in the post-welfare reform era. For the minimum wage, the evidence points to disemployment effects that are concentrated among young minority men. For young women, there is little evidence that minimum wages reduce employment, with the exception...
Persistent link: https://www.econbiz.de/10012777467