The article focuses on the conditional relationship between various human capital proxies and the size of potential “O-Ring” or “Cobb-Douglas” sectors. We find that that years of schooling are a robust negative predictor of the size of the informal sector, conditioned on national average...

In this paper we analyse the correlation between the level of education and the number of children in Italy. We select 10,720 Italian families from the 2004-2007 European Union Statistics on Income and Living Conditions (EU-SILC) dataset. Our dependent variable is represented by the number of...

There is wide consensus that entrepreneurial talent is the ability to discover and exploit market opportunities by taking the relevant risky decisions. Discovery and exploitation are separate but interlinked features of entrepreneurship requiring, in different proportions, the exploitation of...

The objective of this paper is to examine the impact of education reforms on earnings. One of the significant changes in the Malaysian education system was the schooling reform of 1970 that changed the medium of instruction from the English language to the Malaysian national language. Using data...

In this paper we have investigated the impact of the level of education on the number of children in Italy. We have selected 1,490 families from the 1997- 2005 Longitudinal Investigation on Italian Families (ILFI) dataset. Our dependent variable is represented by the number of children ever born...

Human capital is invariably found to be an important explanatory variable of various proxies of well being (WB), i.e. income, happiness, job and life satisfaction, health status. Nevertheless, to date few systematic efforts have been made to explain its various and interconnected functions. The...

This paper estimates production functions for Greek regions over 1981-2003, using a novel human capital dataset. We construct rich human capital series, where data for employees are decomposed according to their education level. Our empirics include recent non-stationary panel techniques,...