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The Changing Structure of Wages in the US and Germany : What Explains the Differences?

Beaudry, Paul - 2000

Over the last twenty years the wage-education relationships in the US and Germany have evolved very differently, while the education composition of employment has evolved in a surprisingly parallel fashion. In this paper, we propose and test an explanation to these conflicting patterns. The...

Persistent link: https://www.econbiz.de/10012471064

Tax Policy, Investments in Human and Physical Capital, and Productivity

Nerlove, Marc - 1990

This paper analyzes the implications of tax policy for the accumulation of human and physical capital and for the overall productivity level of the economy. A comprehensive income tax, applying to both labour income and capital income. discriminates against investments in human capital relative...

Persistent link: https://www.econbiz.de/10012475500

Policies to Foster Human Capital

Heckman, James J. - 1999

. Skill begets skill. Early investment promotes later investment. Noncognitive skills and motivation are important … benefits of early intervention programs and mentoring and teenage motivation programs. At current levels of investment …

Persistent link: https://www.econbiz.de/10012471495

Innovation and Human Capital Policy

Van Reenen, John - National Bureau of Economic Research - 2021

If innovation is to be subsidized, a natural place to start is to increase the quantity and quality of human capital. Innovation, after all, begins with people. Simply stimulating the "demand side" through R&D subsidies and tax breaks may only drive up the price, rather than the volume of...

Persistent link: https://www.econbiz.de/10012510591

Dads and Daughters : Disentangling Altruism and Investment Motives for Spending on Children

Dizon-Ross, Rebecca; Jayachandran, Seema - National Bureau of Economic Research - 2022

This paper tests whether mothers and fathers differ in their spending on their daughters relative to their sons. We compare mothers' and fathers' willingness to pay (WTP) for specific goods for their children, diverging from the previous literature's approach of comparing the expenditure effects...

Persistent link: https://www.econbiz.de/10013191006

Measuring Knowledge

Heckman, James J.; Zhou, Jin - National Bureau of Economic Research - 2022

Empirical studies in the economics of education, the measurement of skill gaps across demographic groups, and the impacts of interventions on skill formation rely on psychometrically validated test scores that record the proportion of items correctly answered. Test scores are sometimes taken as...

Persistent link: https://www.econbiz.de/10013191084

Indirect Effects of Access to Finance

Cai, Jing; Szeidl, Adam - National Bureau of Economic Research - 2022

We created experimental variation across local markets in China in the share of firms having access to a new loan product, to measure the direct and indirect effects of access to finance. We find that: (1) Access to finance had a large positive direct effect on the performance of treated firms....

Persistent link: https://www.econbiz.de/10013172113

Investing in the Next Generation : The Long-Run Impacts of a Liquidity Shock

Agte, Patrick; Bernhardt, Arielle; Field, Erica Marie; … - National Bureau of Economic Research - 2022

the experiment, increase human capital investment such that their children are 35% more likely to attend college. However …, treatment effects on investment among the illiterate accrue only on the business margin and are accompanied by adverse …, raising earnings inequality. Our findings highlight how parental investment choices can contribute to a growth in …

Persistent link: https://www.econbiz.de/10013172116

Personal Increasing Returns : Analytics and Applications

Mulligan, Casey B. - National Bureau of Economic Research - 2022

The human capital investment model with endogenous labor supply is generalized to consumer and health behaviors while …

Persistent link: https://www.econbiz.de/10013172132

Effect of Minimum Wages on Human Capital Formation

Mincer, Jacob - 1980

The hypothesis that minimum wages tend to discourage on the job training is largely supported by our empirical analysis. Direct effects on reported job training and corollary effects on wage growth as estimated in microdata of the National Longitudinal Samples (NLS) and Michigan Income Dynamics...

Persistent link: https://www.econbiz.de/10012478704

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