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A large literature documents the positive influence of a city's skill structure on its rate of economic growth. By … contrast, the effect of a city's age structure on its economic growth has been a hitherto largely neglected area of research … or seniors. The paper sets out the potential channels through which such differential growth may occur. Using data from a …
Persistent link: https://www.econbiz.de/10012121233
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Exploiting cross-birth cohort and cross-country variation from a pool of 188 household surveys from 111 countries, this paper measures how life expectancy at birth affects lifetime education and earnings. On average, individuals add one year of schooling for every 8.3 years of increased life...
Persistent link: https://www.econbiz.de/10012388740
This paper studies economic growth in Malaysia, with the purpose of assessing the potential to attain the status and … characteristics of a high-income country. Future economic growth is simulated under a business-as-usual baseline, where the growth …-Term Growth Model (LTGM). Under the business-as-usual baseline, Malaysia's GDP growth is expected to decline from 4.5 to 2 …
Persistent link: https://www.econbiz.de/10012241371
Armenia, Georgia, the Kyrgyz Republic, and Tajikistan have all experienced substantial out-migration of workers and an associated inflow of workers' remittances over the past two decades. These four countries have much higher human capital, as measured by the Human Capital Index, than is typical...
Persistent link: https://www.econbiz.de/10012228263
increase their productivity ("better employment"). The UHCIs generalize the growth-based interpretation of the HCI: the inverse …
Persistent link: https://www.econbiz.de/10012296855
This paper leverages quasi-experimental variation in increased access to basic formal education, introduced by a large-scale school construction program in Indonesia in the 1970s, to quantify the benefits to the children of women targeted by the program. Novel and rich data allow the analysis of...
Persistent link: https://www.econbiz.de/10012297484
This analysis assesses the role of skills, human capital endowment, and migration as determinants of Sub-Saharan Africa's participation in manufacturing global value chains. Due to lack of reliable data on skilled labor, skilled and unskilled labor contents in exports were generated from the...
Persistent link: https://www.econbiz.de/10012059241
This paper reviews the evidence on the importance of human capital for macro-economic development. Through the lens of a simple aggregate production function, human capital might increase output per capita by directly entering in the production process, incentivising the accumulation of...
Persistent link: https://www.econbiz.de/10012002419