Similar Search Results

A new macroeconomic measure of human capital exploiting PISA and PIAAC : linking education policies to productivity

Égert, Balázs; De la Maisonneuve, Christine; Turner, David - 2022

This paper provides a new measure of human capital using PISA and PIAAC surveys, and mean years of schooling. The new measure is a cohort-weighted average of past PISA scores (representing the quality of education) of the working age population and the corresponding mean years of schooling...

Persistent link: https://www.econbiz.de/10013186787

The contribution of human capital and its policies to per capita income in Europe and the OECD

Égert, Balázs; Botev, Jarmila; Turner, David - 2020

This paper studies empirically the effect of education policies on human capital and per capita income. The results suggest for European and OECD countries that higher attendance at pre-primary education, greater autonomy of schools and universities, a lower student-to-teacher ratio, higher age...

Persistent link: https://www.econbiz.de/10012388211

A new macroeconomic measure of human capital with strong empirical links to productivity

Botev, Jarmila; Égert, Balázs; Smidova, Zuzana; … - 2019

This paper calculates new measures of human capital. Contrary to the existing literature, they are based on realistic rates of return to education, which are allowed to vary substantially across countries and to some extent over time. The new measures perform well in regression analysis...

Persistent link: https://www.econbiz.de/10012202839

Policy drivers of human capital in the OECD's quantification of structural reforms

Égert, Balázs; Botev, Jarmila; Turner, David - 2019

This paper uses a new measure of human capital that works much better in explaining productivity in OECD countries compared to earlier measures of human capital to investigate the educational policy drivers of human capital. A novel methodology is utilised by interacting educational policies,...

Persistent link: https://www.econbiz.de/10012202844

Quantifying the macroeconomic impact of Covid-19-related school closures through the human capital channel

De la Maisonneuve, Christine; Égert, Balázs; Turner, David - 2023

This paper uses a new measure of human capital, which distinguishes both quality and quantity components, to estimate the long-term effect of the Covid-19-related school closures on aggregate productivity through the human capital channel. Productivity losses build up over time and are estimated...

Persistent link: https://www.econbiz.de/10014252528

The impact of the war on human capital and productivity in Ukraine

Égert, Balázs; De la Maisonneuve, Christine - 2023

In addition to the humanitarian suffering and huge immediate economic costs, the war in Ukraine will have long-term consequences, among which are losses in human capital that will impact aggregate productivity for many years. Exploiting a new stock measure of human capital combining the quality...

Persistent link: https://www.econbiz.de/10014304472

Unemployment compensation finance and labor market rigidity

Cahuc, Pierre; Malherbet, Franck - 2002

The systematic use of experience rating is an original feature of the U.S. unemployment benefit system. In most states …, unemployment benefits are financed by taxing firms in proportion to their separations. Experience rating is a way to require … employers to contribute to the payment of unemployment benefits they create through their firing decisions. It is striking that …

Persistent link: https://www.econbiz.de/10011413529

Unemployment compensation fiannce and labor market rigidity

Cahuc, Pierre; Malherbet, Franck - 2001

Persistent link: https://www.econbiz.de/10001637969

Unemployment compensation finance and labour market rigidity

Cahuc, Pierre - 2002

Persistent link: https://www.econbiz.de/10013268851

Unemployment compensation finance and labour market rigidity

Cahuc, Pierre - 2002

Persistent link: https://www.econbiz.de/10013424105