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This paper develops a one sector, two-input model with endogenous human capital formation. The two inputs are two types of skilled labor: "engineering," which exerts a positive externality on total factor productivity, and "law", which does not. The paper shows that a marginal prospect of...
Persistent link: https://www.econbiz.de/10009384652
This paper develops a one sector, two-input model with endogenous human capital formation. The two inputs are two types of skilled labor: "engineering," which exerts a positive externality on total factor productivity, and "law," which does not. The paper shows that a marginal prospect of...
Persistent link: https://www.econbiz.de/10009388245
Quite often, migrants appear to exert little effort to absorb the mainstream culture and to learn the language of their host society, even though the economic returns (increased productivity and enhanced earnings) to assimilation are high. We show that when interpersonal comparisons affect...
Persistent link: https://www.econbiz.de/10003737408
Immigration has become one of the most divisive political issues in the United States, the United Kingdom, France and … several other Western countries. We estimate the impact of immigration on voting for far-left and far-right candidates in … immigration flows by past settlement patterns in 1968. We find that immigration increases support for far-right candidates and has …
Persistent link: https://www.econbiz.de/10011800646
The economic theory of fertility choice builds predominantly on the unitary model of the household, in which there is a single household utility function and potential intra-household disagreement is abstracted from. Empirical evidence suggests, however, that many (potential) mothers and fathers...
Persistent link: https://www.econbiz.de/10010458481
Persistent link: https://www.econbiz.de/10011436247
Persistent link: https://www.econbiz.de/10011482060
We relate an observed difference between single men (SM) and single women (SW) in attitudes towards risk to the higher value assigned to social status by SM than by SW. In the marriage market, low status carries a harsher penalty for SM than for SW because when selecting a partner, the social...
Persistent link: https://www.econbiz.de/10011379120
It takes a woman and a man to make a baby. This fact suggests that for a birth to take place, the parents should first agree on wanting a child. Using newly available data on fertility preferences and outcomes, we show that indeed, babies are likely to arrive only if both parents desire one, and...
Persistent link: https://www.econbiz.de/10011454419
Persistent link: https://www.econbiz.de/10011455013