Showing 1 - 10 of 118
We propose an innovation-driven growth model in which education is determined by family background and cognitive … ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers …, compulsory education is implemented first and triggers the onset of market R&D. According to the British way, market R&D is …
Persistent link: https://www.econbiz.de/10011392484
For most of human history there existed a well-educated and innovative elite whereas mass education, market R&D, and … model for the very long run in which the individual-specific return to education is conceptualized as an compound of … determines whether an individual experiences education and a locally stable steady state at which education is determined by …
Persistent link: https://www.econbiz.de/10010346232
consumer optimization model that incorporates endogenous fertility as well as endogenous education and health investments. The … model shows that a fertility decline induces higher education and health investments that are able to compensate for …
Persistent link: https://www.econbiz.de/10009537238
We propose an innovation-driven growth model in which education is determined by family background and cognitive … ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers …, compulsory education is implemented first and triggers the onset of market R&D. According to the British way, market R&D is …
Persistent link: https://www.econbiz.de/10013009852
For most of human history there existed a well-educated and innovative elite whereas mass education, market R&D, and … model for the very long run in which the individual-specific return to education is conceptualized as an compound of … determines whether an individual experiences education and a locally stable steady state at which education is determined by …
Persistent link: https://www.econbiz.de/10014146209
Conventional R\&D-based growth theory suggests that productivity growth is positively correlated with population size or population growth, an implication which is hard to see in the data. Here we integrate microfounded fertility and schooling into an otherwise standard R\&D-based growth model....
Persistent link: https://www.econbiz.de/10008677637
consumer optimization model that incorporates endogenous fertility as well as endogenous education and health investments. The … model shows that a fertility decline induces higher education and health investments that are able to compensate for …
Persistent link: https://www.econbiz.de/10010664629
For most of human history there existed a well-educated and innovative elite whereas mass education, market R&D, and … model for the very long run in which the individual-specific return to education is conceptualized as an compound of … determines whether an individual experiences education and a locally stable steady state at which education is determined by …
Persistent link: https://www.econbiz.de/10010954307
of mass education and the demographic transition. The ongoing child quality-quantity trade-off during the transition …. Because growth in modern economies is based on the education of the workforce, the medium-run prospects for future economic …
Persistent link: https://www.econbiz.de/10010954314
Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or population growth, an implication which is hard to see in the data. Here we integrate R&D-based growth into a unified growth setup with micro-founded fertility and schooling...
Persistent link: https://www.econbiz.de/10010954482