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How Much Do Educational Outcomes Matter in OECD Countries?

Hanushek, Eric A. - 2010

Existing growth research provides little explanation for the very large differences in long-run growth performance across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of economic institutions and quantitative measures of...

Persistent link: https://www.econbiz.de/10012462142

Knowledge Capital and Aggregate Income Differences : Development Accounting for U.S. States

Hanushek, Eric A. - 2015

Improvement in human capital is often presumed important for state economic development, but little research links better education to state incomes. We develop detailed measures of worker skills in each state that incorporate cognitive skills from state- and country-of-origin achievement tests....

Persistent link: https://www.econbiz.de/10012457372

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

"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