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Human capital, basic research, and applied research : three dimensions of human knowledge and their differential growth effects ; conference paper
Prettner, Klaus; Werner, Katharina - 2014
We analyze the di fferential growth e ffects of basic research, applied research, and embodied human capital … accumulation in an R&D-based growth model with endogenous fertility and endogenous education. In line with the empirical evidence … association between long-run economic growth and education, and iii) a positive association between the level of per capita GDP …
Persistent link: https://www.econbiz.de/10010485995
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Human capital, basic research, and applied research : three dimensions of human knowledge and their differential growth effects
Prettner, Klaus; Werner, Katharina - 2014
We analyze the differential growth effects of basic research, applied research, and embodied human capital accumulation … in an R&D-based growth model with endogenous fertility and endogenous education. In line with the empirical evidence, our … association between long-run economic growth and education, and iii) a positive association between the level of per capita GDP …
Persistent link: https://www.econbiz.de/10010241450
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Why it pays off to pay us well : the impact of basic research on economic growth and welfare
Prettner, Klaus; Werner, Katharina - In: Research policy : policy, management and economic … 45 (2016) 5, pp. 1075-1090
Persistent link: https://www.econbiz.de/10011598755
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Human Capital, Basic Research, and Applied Research : Three Dimensions of Human Knowledge and Their Differential Growth Effects
Prettner, Klaus - 2014
We analyze the differential growth effects of basic research, applied research, and embodied human capital accumulation … in an R&D-based growth model with endogenous fertility and endogenous education. In line with the empirical evidence, our … association between long-run economic growth and education, and iii) a positive association between the level of per capita GDP …
Persistent link: https://www.econbiz.de/10013059053
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Life Expectancy, Labor Supply, and Long-Run Growth: Reconciling Theory and Evidence
Strulik, Holger; Werner, Katharina - Wirtschaftswissenschaftliche Fakultät, Leibniz … - 2012
calibrate the model to US data and show that the historical evolution of increasing education and declining labor supply can be …
Persistent link: https://www.econbiz.de/10010769243
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50 is the new 30: Long-run trends of schooling and retirement explained by human aging
Strulik, Holger; Werner, Katharina - Center for European, Governance and Economic … - 2013
respond to a longer stay in a healthy state of high productivity by obtaining more education and supplying less labor. Better … health increases productivity and amplifies the return on education. The health accelerator allows workers to finance … for leisure is sufficiently strong or the return on education is sufficiently large. We calibrate an extended version of …
Persistent link: https://www.econbiz.de/10010954301
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Life expectancy, labor supply, and long-run growth: Reconciling theory and evidence
Strulik, Holger; Werner, Katharina - Center for European, Governance and Economic … - 2012
increasing education and declining labor supply (of cohorts born 1850-1950) as an optimal response to increasing active life …
Persistent link: https://www.econbiz.de/10010954344
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Life Expectancy, Labor Supply, and Long-Run Growth: Reconciling Theory and Evidence
Strulik, Holger; Werner, Katharina - 2012
calibrate the model to US data and show that the historical evolution of increasing education and declining labor supply can be …
Persistent link: https://www.econbiz.de/10010294422
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Life expectancy, labor supply, and long-run growth: Reconciling theory and evidence
Strulik, Holger; Werner, Katharina - 2012
increasing education and declining labor supply (of cohorts born 1850-1950) as an optimal response to increasing active life …
Persistent link: https://www.econbiz.de/10010311688
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50 is the new 30: Long-run trends of schooling and retirement explained by human aging
Strulik, Holger; Werner, Katharina - 2013
respond to a longer stay in a healthy state of high productivity by obtaining more education and supplying less labor. Better … health increases productivity and amplifies the return on education. The health accelerator allows workers to finance … for leisure is sufficiently strong or the return on education is sufficiently large. We calibrate an extended version of …
Persistent link: https://www.econbiz.de/10010311781