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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
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
China's total real human capital increased from 26.98 billion yuan in 1985 (i.e., the base year) to 118.75 billion yuan …In this paper we estimate China's human capital stock from 1985 to 2007 based on the Jorgenson-Fraumeni lifetime income …
Persistent link: https://www.econbiz.de/10012463149
-Fraumeni human capital measurement framework and modify it to estimate provincial level human capital in China. We produce a …
Persistent link: https://www.econbiz.de/10012455774