Narrow search
Showing 1 - 10 of 675
Cover Image
Aging and Pension Reform : Extending the Retirement Age and Human Capital Formation
Vogel, Edgar - 2013
accumulated for retirement. This paper addresses three important adjustments channels to dampen these detrimental effects of … ageing: investing abroad, endogenous human capital formation and increasing the retirement age. Although non of these … retirement age has strong effects. Under these adjustments maximum welfare losses of demographic change for households alive in …
Persistent link: https://www.econbiz.de/10013085913
Cover Image
Creativity and the Family Tree : Human Capital Endowments and the Propensity of Entrepreneurs to Patent
Link, Albert - 2014
In this paper we show that the patenting behavior of creative entrepreneurs is correlated with the patenting behavior of their fathers, which we refer to as a source of the entrepreneurs' human capital endowments. Our argument for this relationship follows from established theories of...
Persistent link: https://www.econbiz.de/10013067376
Cover Image
Understanding the Evolution of the U.S. Wage Distribution : A Theoretical Analysis
Guvenen, Fatih - 2007
in median wage growth (and a slowdown in aggregate labor productivity), and (vi) a rise in consumption inequality that is …
Persistent link: https://www.econbiz.de/10012776950
Cover Image
Generational Conflict, Human Capital Accumulation, and Economic Growth
Holtz-Eakin, Douglas; Lovely, Mary E.; Tosun, Mehmet Serkan - 2021
Worldwide, dependency ratios are forecast to increase dramatically in the next 50 years. A great deal of attention has been devoted to understanding the changes in fiscal policies that must' take place to accommodate these changes. In contrast, less effort has been concentrated on studying the...
Persistent link: https://www.econbiz.de/10013239347
Cover Image
The Impact of Migration Controls on Urban Fiscal Policies and the Intergenerational Transmission of Human Capital in China
Sieg, Holger; Yoon, Chamna; Zhang, Jipeng - 2022
Using newly available data, we document that internal migrants do not enjoy the same access to local public goods and services as city residents in China. We estimate a spatial overlapping generations model with heterogeneous households to quantify the impact of the Hukou system on urban fiscal...
Persistent link: https://www.econbiz.de/10013289318
Cover Image
The Transfer of Human Capital
Jovanovic, Boyan; Nyarko, Yaw - 2021
to the young is therefore a cornerstone of productivity growth. We study this process in a model in which the old sell …
Persistent link: https://www.econbiz.de/10013213428
Cover Image
Human Capital, Fertility, and Economic Growth
Becker, Gary S.; Murphy, Kevin M.; Tamura, Robert - 2021
Our model of growth departs from both the Malthusian and neoclassical approaches by including investments in human …. Multiple steady states mean that history and luck are critical determinants of a country's growth experience …
Persistent link: https://www.econbiz.de/10013230385
Cover Image
Demographic Patterns and Household Saving in China
Curtis, Chadwick - 2011
. Working agents give a portion of their labor income to their retired parents and save for their own retirement while the aged …
Persistent link: https://www.econbiz.de/10013129127
Cover Image
Taxation of Intergenerational Transfers and Wealth
Kopczuk, Wojciech - 2012
In this chapter, I review empirical and theoretical literature on taxation of intergenerational transfers (estates, bequests, inheritances, inter vivos gifts) and wealth. The main message may be summarized as follows. Empirical evidence on bequest motivations and responses to estate taxation is...
Persistent link: https://www.econbiz.de/10013097266
Cover Image
Cycles of Distrust : An Economic Model
Acemoglu, Daron - 2012
We propose a model of cycles of distrust and conflict. Overlapping generations of agents from two groups sequentially play coordination games under incomplete information about whether the other side consists of "extremists" who will never take the good/trusting action. Good actions may be...
Persistent link: https://www.econbiz.de/10013103053