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insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within … a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also …
Persistent link: https://www.econbiz.de/10010294544
In 1980, seven out of the seventeen Spanish regions were devolved education spending responsibility. Using a difference …
Persistent link: https://www.econbiz.de/10010321516
This study investigates the general equilibrium effects of a fertility shock under different intergenerational transfer schemes. The effects on lifetime income and utility for different generations, as well as the effects on factor prices, are analyzed in a three-period overlapping generations...
Persistent link: https://www.econbiz.de/10010321536
ability, and the choice of education is determined endogenously. Job opportunities in an informal sector are available only to … workers who choose not to acquire higher education. We find that increased punishment of informal activities increases the …
Persistent link: https://www.econbiz.de/10010321585
This article analyzes the negative side of involuntary integration in public education - its effect on whites. The … model shows that the flight from the integrated multicultural public schools to private education increases private … prosperous parents multicultural integration in public education decreases their children's human capital levels. The analysis …
Persistent link: https://www.econbiz.de/10010336029
parental earnings or fathers' education, or relative to other predictors of child perforÿ­mance. We find no effects on …' mental health. Overall the results suggest positive causal interaction effects between mothers' education and the amount of … between matÿ­ernal education and school outcomes. …
Persistent link: https://www.econbiz.de/10010273952
Conventional wisdom about the relationship between income distribution and economic development has been subjected to dramatic transformations in the past century. While Classical economists advanced the hypothesis that inequality is beneficial for economic development, the Neoclassical...
Persistent link: https://www.econbiz.de/10010284077