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A major benefit of education is the lower risk of unemployment at higher educational levels. In PSID (Panel Study of …
Persistent link: https://www.econbiz.de/10013221871
We estimate the effect of maternal education on birth outcomes using data from the Vital Statistics Natality files for … 1970 to 1999. We also assess the importance of four potential channels through which maternal education may improve birth … education on changes in birth outcomes. Second, we have compiled a new data set on openings of two and four year colleges …
Persistent link: https://www.econbiz.de/10013249544
I explore the effects of education on nonmarket outcomes from both theoretical and empirical perspectives. Examples of …-being reflected by their health and cognitive development. I pay a good deal of attention to the effects of education on health … education has productive efficiency and allocative efficiency effects. I then modify these frameworks to allow for the …
Persistent link: https://www.econbiz.de/10013245743
Human capital is almost always identified as a crucial ingredient for growing economies, but empirical investigations of cross-national growth have done little to clarify the dimensions of relevant human capital or any implications for policy. This paper concentrates on the importance of labor...
Persistent link: https://www.econbiz.de/10014158648
Parents with higher education levels have children with higher education levels. However, is this because parental … education actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely … that more able individuals who have higher education also have more able children? This paper proposes to answer this …
Persistent link: https://www.econbiz.de/10014074744
The Trans-Pacific Partnership (TPP) is a new negotiation on cross border liberalization of goods and service flows going beyond WTO disciplines and focused on issues such as regulation and border controls. Though the US, Australia and other pacific countries are included, China is notable for...
Persistent link: https://www.econbiz.de/10013106304
This paper presents an alternative method of testing for financial capital mobility in the absence of forward exchange markets. A model of domestic interest rate determination during liberalization is applied to Korean and Taiwanese data. A variety of diagnostic and recursive tests are used to...
Persistent link: https://www.econbiz.de/10012774969
We examine the factors that determine the differences in ex ante returns on equities in eleven Pacific Basin countries. Our concern is whether real return differentials are primarily caused by nominal return differentials or expected changes in real exchange rates. We find that nominal return...
Persistent link: https://www.econbiz.de/10012763463
This paper reaches seven conclusions regarding the Yen Bloc that Japan is reputed to be forming in Pacific Asia. (1) Gravity-model estimates of bilateral trade show that the level of trade in East Asia is biased intra-regionally, as it is within the European Community and within the Western...
Persistent link: https://www.econbiz.de/10013218103
This paper characterizes and evaluates what has been called variously the new, new-view, strategic or industrial organization approach to international trade and trade policy. This approach analyzes trade in strategic environments,' those in which small numbers of large, self-consciously...
Persistent link: https://www.econbiz.de/10013219192