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We analyze how intergenerational mobility and inequality would change relative to the status quo if dynasties had access to optimal insurance against low ability of future generations. Based on a dynamic, dynastic Mirrleesian model, we find that insurance against intergenerational ability risk...
Persistent link: https://www.econbiz.de/10013177714
Notwithstanding increased educational expenditure, Portugal continues to record poor educational outcomes. Underlining … educational economics analyses. We rely on two data sets collected in Portugal in 1998 and 2001 and examine the interest …
Persistent link: https://www.econbiz.de/10010274665
Notwithstanding increased educational expenditure, Portugal continues to record poor educational outcomes. Underlining … educational economics analyses. We rely on two data sets collected in Portugal in 1998 and 2001 and examine the interest …
Persistent link: https://www.econbiz.de/10008836677
impact of immigration on entrepreneurial activity. Immigrants, we hypothesize, facilitate innovation and entrepreneurship by … immigrants (even if they are not self-employed) may prove to be areas in which entrepreneurship and innovation are easier to …
Persistent link: https://www.econbiz.de/10010283971
distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …
Persistent link: https://www.econbiz.de/10010262329
This paper provides a labour supply explanation to the observation that in Germany employment changes are asymmetric during the business cycle. Employment increases are slower, because the reservation wage of workers increases in times of job uncertainty. Workers are afraid in those periods of...
Persistent link: https://www.econbiz.de/10011442671
these issues empirically, based on a harmonized survey of innovation activities of more than 1,800 firms located in Portugal …International knowledge spillovers, especially through multinational companies (MNCs), have recently been a major topic … of discussion among academics and practitioners. Most research in this field focuses on knowledge sharing activities of …
Persistent link: https://www.econbiz.de/10003721781
There has been a resurgence in right wing and populist politics in recent years. A common element is a focus on immigration, an increase in anti-immigrant rhetoric, and the vilification of minorities. This in turn has the potential to lead to increases in societal hostility towards immigrants....
Persistent link: https://www.econbiz.de/10012270127
During COVID school closures, learning become mostly restricted to young people who had internet access at home. This paper examines internet access in India using National Sample Survey 2017-18. It probes the extent of inequality in young people's internet access across gender, caste, religion,...
Persistent link: https://www.econbiz.de/10013351926
This paper is a review of the literature in economics up to the early 1980s on the issue of estimating the earnings return to schooling and labor market experience. It begins with a presentation of Adam Smith's (1776) analysis of wage determination, with the second of his five points on...
Persistent link: https://www.econbiz.de/10014469442