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A product market theory of worker training
Gersbach, Hans; Schmutzler, Armin - 2003
We develop a product market theory that explains why firms invest in general training of their workers. We consider a model where firms first decide whether to invest in general human capital, then make wage offers for each others' trained employees and finally engage in imperfect product market...
Persistent link: https://www.econbiz.de/10010315501
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The Long Term Effect of Education Spending Decentralization on Human Capital in Spain
Merrouche, Ouarda - 2007
In 1980, seven out of the seventeen Spanish regions were devolved education spending responsibility. Using a difference-in-differences approach, which I show to be particularly credible in this context, I evaluate the long term effect of this reform on human capital. I find no robust evidence to...
Persistent link: https://www.econbiz.de/10010321516
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Foreign aid, fertility and populations growth: Evidence from Africa
Azarnert, Leonid V. - 2009
This article investigates the relationship between foreign aid and population growth in sub-Saharan Africa. The work considers population growth rate and a directly related to fertility demographic indicator - total fertility rate. Using a panel of 43 African countries over the last four decades...
Persistent link: https://www.econbiz.de/10010335970
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On the robustness of brain gain estimates
Beine, Michel; Docquier, Frédéric; Rapoport, Hillel - 2009
foster education investment at home or, in other words, induce a brain gain. In a recent paper (Beine, Docquier and Rapoport … also regress other indicators of human capital investment on skilled migration rates and find a positive effect on youth …
Persistent link: https://www.econbiz.de/10010335982
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How much does the UK invest in intangible assets? Mauro Giorgio Marrano and Jonathan Haskel
Marrano, Mauro Giorgio; Haskel, Jonathan - 2006
the US. Their work suggests private sector expenditure (investment) on intangibles is about 13% (11%) of US GDP 1998 …-2000, with intangible investment about equal to tangible capital investment. Our work, using a similar method, suggests the UK … private sector spent, in 2004, about £127bn on intangibles, which is about 11% of UK GDP. The implied investment figure is …
Persistent link: https://www.econbiz.de/10010284183
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Within-the-Family Education and its Impact on Equality
Nordblom, Katarina - 2001
This is a theoretical study of human-capital accumulation, where parental, as well as public investments are essential. Policy influence rich and poor parents differently when they make educational decisions. Rich parents allocate resources efficiently between physical bequests and educational...
Persistent link: https://www.econbiz.de/10010321766
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Immigration, fertility and human capital: A model of economic decline of the West
Azarnert, Leonid V. - 2010
population, and incentives for investment in human capital combine to predict the decline of the West. In particular, indigenous …
Persistent link: https://www.econbiz.de/10010335967
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Integrated public education, fertility and human capital
Azarnert, Leonid V. - 2011
This article analyzes the consequences of integration in public education. I show that the flight from the integrated multicultural public schools to private education increases private educational expenditures and, as a result, decreases fertility among more affluent parents whose children...
Persistent link: https://www.econbiz.de/10010336046
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Inequality, human capital formation and the process of development
Galor, Oded - 2011
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
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Assessing the returns to education in Georgia
Khitarishvili, Tamar - 2010
The economic returns to education in transition countries have been extensively evaluated in the literature. The present study contributes to this literature by estimating the returns to education in Georgia during the last transition period 2000-04. We find very low returns to education in...
Persistent link: https://www.econbiz.de/10010286544