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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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Inequality and Growth : The Role of Human Capital with Heterogeneous Skills
Borissov, Kirill - 2016
We extend the Lucas' 1988 model introducing two classes of agents with heterogeneous skills, discount factors and initial human capital endowments. We consider two regimes according to the planner's political constraints. In the first regime, that we call meritocracy, the planner faces...
Persistent link: https://www.econbiz.de/10012985671
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Immigration, Human Capital Formation and Endogenous Economic Growth
Ehrlich, Isaac - 2016
Census data from international sources covering 77% of the world's migrant population indicate that the skill …
Persistent link: https://www.econbiz.de/10013001874
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Growth, Development, and Technological Change
Grossmann, Volker - 2007
wage inequality, long-run divergence between the innovating North and the imitating South due to inappropriate technology …The theory of endogenous technical change has deeply contributed to our understanding of the fundamental sources of … structure of endogenous growth models with horizontal as well as vertical innovation and emphasizing important implications for …
Persistent link: https://www.econbiz.de/10012777881
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Innovation, Inequality and a Golden Rule for Growth in an Economy with Cobb-Douglas Function and an R&D Sector
Welfens, Paul J.J. - 2015
capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
Persistent link: https://www.econbiz.de/10013023751
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The Demographic Transition : Causes and Consequences
Galor, Oded - 2012
This paper develops the theoretical foundations and the testable implications of the various mechanisms that have been proposed as possible triggers for the demographic transition. Moreover, it examines the empirical validity of each of the theories and their significance for the understanding...
Persistent link: https://www.econbiz.de/10013110845
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Human Capital as Engine of Growth the Role of Knowledge Transfers in Promoting Balanced Growth within and across Countries
Ehrlich, Isaac - 2020
Unlike physical capital, human capital has both embodied and disembodied dimensions. It can be perceived of as skill and acquired knowledge, but also as knowledge spillover effects between overlapping generations and across different skill groups within and across countries. We illustrate the...
Persistent link: https://www.econbiz.de/10012837320
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Unemployment and Productivity Growth : An Empirical Analysis within the Augmented Solow Model
Pannenberg, Markus; Bräuninger, Michael - 2021
Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of unemployment on productivity growth heavily depends...
Persistent link: https://www.econbiz.de/10013321303
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The Political Resource Curse
Brollo, Fernanda - 2010
politicians, both with theory and data. The theory is based on a version of the career concerns model of political agency with … implications of the theory and identify the causal effect of larger federal transfers on political corruption and the observed … features of political candidates at the municipal level. In accordance with the predictions of the theory, we find that larger …
Persistent link: https://www.econbiz.de/10013148349
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The Value of Redistribution : Natural Resources and the Formation of Human Capital Under Weak Institutions
Agüero, Jorge - 2017
We exploit time and spatial variation generated by the commodities boom to measure the effect of natural resources on human capital formation in Peru, a country with low governance indicators. Combining test scores from over two million students and district-level administrative data on mining...
Persistent link: https://www.econbiz.de/10012950918