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In analysing the impact of education on wage differentials and wage growth, we use next topersonal characteristics (e.g. education and experience) also job characteristics (e.g. skillsrequired) to explain wages. We estimate wage equations on individual data for the USA, 1986 –1996. When...
Persistent link: https://www.econbiz.de/10005510291
Under the standard neo-classical growth framework, conditional convergence studies assume that a country with a higher initial human capital among others ''performs'' better. Nevertheless the growth implications of health, another component of human capital, compared to education, have not been...
Persistent link: https://www.econbiz.de/10005304613
For a long time economists have tended to ignore health as a relevant factor of production and important determinant of economic growth. The widely observed positive relationship between health expenditures and economic growth was considered the result of a strong positive income effect....
Persistent link: https://www.econbiz.de/10005304618
In analysing the impact of education on wage differentials and wage growth, we use next to personal characteristics (e. g. education and experience) also jobcharacteristics (e. g. skills required) to explain wages. We estimate wage equations on individual data for Germany, 1984 – 2000. When...
Persistent link: https://www.econbiz.de/10005209831
In this article we present a model with two levels of skills and two classes of goods, one produced with a technology requiring high skills, the other produced with a technology that can be operated by both low and high skilled workers. In this model skill biased technical change causes a drop...
Persistent link: https://www.econbiz.de/10005209832
In analysing the impact of education on wage differentials and wage growth, we use next to personal characteristics (e.g. education) also job characteristics (e.g. skills required) to explain wages. We estimate wage equations on individual data for the Netherlands, 1986 – 1998. It turns out...
Persistent link: https://www.econbiz.de/10005670146
The changing wage and employment structure in some OECD countries has beenattributed to increased levels of education and technical change in favour of skilledworkers. However, in the Netherlands and some other OECD countries the wages ofskilled workers did not rise, whereas investment in skills...
Persistent link: https://www.econbiz.de/10005670154
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Persistent link: https://www.econbiz.de/10005304459