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Measuring Human Capital
Abraham, Katharine G.; Mallatt, Justine - National Bureau of Economic Research - 2022
There are many reasons to want measures of countries' investments in human capital and especially their investments in formal education. We review the existing literature on the measurement of human capital. Broadly speaking, economists have proposed three approaches to the measurement of human...
Persistent link: https://www.econbiz.de/10013334355
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Intra-Household Insurance and the Intergenerational Transmission of Income Risk
Agostinelli, Francesco; Ferraro, Domenico; Qiu, Xincheng; … - National Bureau of Economic Research - 2024
This paper studies the mechanisms and the extent to which parental wage risk passes through to children's skill development. Through a quantitative dynamic labor supply model in which two parents choose whether to work short or long hours or not work at all, time spent with children, and...
Persistent link: https://www.econbiz.de/10014468296
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"Golden Ages" : A Tale of the Labor Markets in China and the United States
Fang, Hanming; Qiu, Xincheng - National Bureau of Economic Research - 2021
We study the labor markets in China and the United States, the two largest economies in the world, by examining the … U.S., but decreased sharply from 55 to around 35 in China; second, the age-specific earnings grew drastically in China … similar in the U.S., but differed substantially in China. We propose and empirically implement a decomposition framework to …
Persistent link: https://www.econbiz.de/10012696432