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Test Scores, Noncognitive Skills and Economic Growth
Balart, Pau - 2015
Many studies have found a strong association between economic outcomes of nations and their performance on international cognitive tests. This association is often interpreted as evidence for the importance of cognitive skills for economic growth. However, noncognitive skills, such as motivation...
Persistent link: https://www.econbiz.de/10013009506
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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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Human Capital, Economic Growth, and Inequality in China
Heckman, James J. - 2012
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled … the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled …. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and …
Persistent link: https://www.econbiz.de/10013106287
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The Economics of Hypergamy
Almås, Ingvild - 2019
Partner selection is a vital feature of human behavior with important consequences for individuals, families, and society. Hypergamy occurs when a husband's earning capacity systematically exceeds that of his wife. We provide a theoretical framework that rationalizes hypergamy even in the...
Persistent link: https://www.econbiz.de/10012870296
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The Intergenerational Transmission of Human Capital : Exploring the Role of Skills and Health Using Data on Adoptees and Twins
Lundborg, Petter - 2011
In this paper, we focus on possible causal mechanisms behind the intergenerational transmission of human capital. For this purpose, we use both an adoption and a twin design and study the effect of parents' education on their children's cognitive skills, non-cognitive skills, and health. Our...
Persistent link: https://www.econbiz.de/10013118516
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The Portability of New Immigrants' Human Capital : Language, Education and Occupational Matching
Goldmann, Gustave - 2011
The implications of human capital portability – including interactions between education, language skills and pre- and post-immigration occupational matching – for earnings are explored for new immigrants to Canada. Given the importance of occupation-specific skills, as a precursor we also...
Persistent link: https://www.econbiz.de/10013122119
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Human Capital and Career Success : Evidence from Linked Employer-Employee Data
Frederiksen, Anders - 2011
Denmark's registry data provide accurate and complete career history data along with detailed personal characteristics (e.g., education, gender, work experience, tenure and others) for the population of Danish workers longitudinally. By using such data from 1992 to 2002, we provide rigorous...
Persistent link: https://www.econbiz.de/10013123602
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Job Search, Human Capital and Wage Inequality
Carrillo-Tudela, Carlos - 2012
The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labour market with different abilities and firms differ in their productivities. Wages are dispersed...
Persistent link: https://www.econbiz.de/10013098818
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Wage and Occupational Assimilation by Skill Level
Alcobendas, Miguel - 2012
While much of the literature on immigrants' assimilation has focused on countries with a large tradition of receiving immigrants and with flexible labor markets, very little is known on how immigrants adjust to other types of host economies. With its severe dual labor market, and an...
Persistent link: https://www.econbiz.de/10013106297
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Skill Based Immigrant Selection and Labor Market Outcomes by Visa Category
Aydemir, Abdurrahman - 2012
Attracting skilled immigrants is emerging as an important policy goal for immigrant receiving countries. This article first discusses the economic rationale for immigrant selection. Selection mechanisms of receiving countries are reviewed in the context of deteriorating labor market outcomes for...
Persistent link: https://www.econbiz.de/10013108231