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Creativity, education or what? : on the measurement of regional human capital
Bode, Eckhardt; Pérez-Villar, Lucia - 2014
creative occupations rather than education. Consistent with Florida’s notion of creativity, it suggests a microfoundation that …
Persistent link: https://www.econbiz.de/10010406921
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Human capital and economic development : a macroeconomic assessment
Gundlach, Erich - 1996
capital focusing on formal education. Future empirical research should take into account other important determinants of human … capital such as the quality of education, the experience of the workforce, and the health status and the nutritional status of …
Persistent link: https://www.econbiz.de/10011472072
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Specifying human capital : a review, some extensions, and development effects
Woessmann, Ludger - 2000
, misspecifies the relationship between education and the stock of human capital. Based on human capital theory, the specification of … human capital should be extended to allow for decreasing returns to education and for differences in the quality of a year … of education. Cross-country differences in qualityadjusted human capital can account for about half the world …
Persistent link: https://www.econbiz.de/10011473489
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The augmented Solow model with Mincerian schooling and externalities
Carstensen, Kai (contributor); Gundlach, Erich (contributor) - 2008
We combine the augmented Solow model with the Mincer equation to derive a specification that identifies an education … of the education externality, which is given by the difference between the microeconomic and the macroeconomic return to … education. Relative to our benchmark value that is based on a parameterization of the derived specification, we find that the …
Persistent link: https://www.econbiz.de/10003656302
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The returns to occupational foreign language use : evidence from Germany
Heidland, Tobias - 2013
This paper analyses the wage premia associated with workers' occupational use of foreign languages in Germany. After eliminating time-invariant unobserved heterogeneity and other confounding factors, sizable returns of about 10 percent to applying fluent English skills are found. Returns to...
Persistent link: https://www.econbiz.de/10010192306
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Whole versus shared ownership of foreign affiliates
Raff, Horst (contributor); Ryan, Michael (contributor);  … - 2008
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are potentially important for the investment...
Persistent link: https://www.econbiz.de/10003726051
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Are they really rational? : Assessing professional macro-economic forecasts from the G7-countries
Dovern, Jonas (contributor); Weisser, Johannes (contributor) - 2008
In this paper, we use survey data to analyze the rationality of professional macroeconomic forecasts. We analyze both individual forecasts and average forecasts. We provide evidence on the properties of forecasts for all the G7-counties and four different macroeconomic variables. Furthermore, we...
Persistent link: https://www.econbiz.de/10003756515
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Organizational forms for global engagement of firms
Bogheas, Sprios (contributor); Görg, Holger (contributor) - 2008
do more than one of those activities. In our estimation we consider the relationship between productivity all the choice …
Persistent link: https://www.econbiz.de/10003757573
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Keeping a low profile : what determines the allocation of aid by non-governmental organizations?
Koch, Dirk-Jan; Dreher, Axel; Nunnenkamp, Peter; … - 2008
NGOs play an important role in international development cooperation, but the allocation of NGO aid has rarely been mapped, let alone explained. Based on a representative dataset for 61 important NGOs from various OECD countries, we analyze the targeting of NGO aid across a large number of...
Persistent link: https://www.econbiz.de/10003650826
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The democratic transition : a study of the causality between income and the Gastil democracy index
Paldam, Martin (contributor); Gundlach, Erich (contributor) - 2008
The paper considers the transformation of the political system as countries pass through the Grand Transition from a poor developing country to a wealthy developed country. In the process most countries change from an authoritarian to a democratic political system. This is shown by using the...
Persistent link: https://www.econbiz.de/10003764598