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Seit Mitte der achtziger Jahre hat die neue Wachstumstheorie verstärkt Aufmerksamkeit auf Humankapital als eine Quelle des Wirtschaftswachstums gelenkt. Neuere empirische Ergebnisse weisen allerdings darauf hin, dass Bildungsinvestitionen nur geringe soziale Externalitäten erzeugen und dass...
Persistent link: https://www.econbiz.de/10005627794
Since the mid-1980s, growth theorists have increasingly focused on human capital as a source of long-run economic growth. Recently, however, a number of studies have documented that the social returns of human-capital investment are fairly small, implying that the contribution of human capital...
Persistent link: https://www.econbiz.de/10014221039
regime for economic growth and inequality. We find that private schooling leads to higher growth when there is little … inequality in human capital endowments across families. In contrast, when inequality is high, public education yields higher … schooling can result in ever increasing inequality. Our analysis highlights the importance of accounting for endogenous …
Persistent link: https://www.econbiz.de/10014118147
parenting in countries characterized by low inequality. …
Persistent link: https://www.econbiz.de/10011240399
Empirical evidence suggests that money in the hands of mothers (as opposed to their husbands) benefits children. Does this observation imply that targeting transfers to women is good economic policy? We develop a series of noncooperative family bargaining models to understand what kind of...
Persistent link: https://www.econbiz.de/10008924603
Empirical evidence suggests that money in the hands of mothers (as opposed to their husbands) benefits children. Does this observation imply that targeting transfers to women is good economic policy? We develop a series of noncooperative family bargaining models to understand what kind of...
Persistent link: https://www.econbiz.de/10009147401
Empirical evidence suggests that money in the hands of mothers (as opposed to fathers) increases expenditures on children. From this, should we infer that targeting transfers to women is good economic policy? In this paper, we develop a non-cooperative model of household decision making to...
Persistent link: https://www.econbiz.de/10010796634
parenting in countries characterized by low inequality. …
Persistent link: https://www.econbiz.de/10010796725
Empirical evidence suggests that money in the hands of mothers (as opposed to fathers) increases expenditures on children. From this, should we infer that targeting transfers to women is good economic policy? In this paper, we develop a non-cooperative model of household decision making to...
Persistent link: https://www.econbiz.de/10010747224
We construct a theory of intergenerational preference transmission that rationalizes the choice between alternative parenting styles (related to Baumrind 1967). Parents maximize an objective function that combines Beckerian and paternalistic altruism towards children. They can affect their...
Persistent link: https://www.econbiz.de/10010817243