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Literacy traps: Society-wide education and individual skill premia
Atal, Vidya; Basu, Kaushik; Gray, John; Lee, Travis - 2009
Using a model of O-ring production function, the paper demonstrates how certain communities can get caught in a low-literacy trap in which each individual finds it not worthwhile investing in higher skills because others are not high-skilled. The model sheds light on educational policy. It is...
Persistent link: https://www.econbiz.de/10010292080
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Public policy for efficient education
Fisher, Walter H.; Keuschnigg, Christian - 2000
education in schools and universities to noninstitutional forms of learning such as home study. The dynamic effects of shifts in … education policy as well as their welfare implications are also calculated in the paper. …
Persistent link: https://www.econbiz.de/10010292789
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The returns to education: A review of the empirical macro-economic literature
Sianesi, Barbara; Van Reenen, John - 2002
The idea of positive educational externalities is that the benefits of individually acquired education may not be … still largely divided on whether the stock of education affects the long-run level or growth rate of the economy. A one …-year increase in average education is found to raise the level of output per capita by between 3 and 6 percent according to …
Persistent link: https://www.econbiz.de/10010293048
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Reducing start-up costs for new firms: The double dividend on the labor market
Dulleck, Uwe; Frijters, Paul; Winter-Ebmer, Rudolf - 2003
insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within … a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also …
Persistent link: https://www.econbiz.de/10010293727
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Reducing start-up costs for New Firms: The double dividend on the labor market
Dulleck, Uwe; Frijters, Paul; Winter-Ebmer, Rudolf - 2003
insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within … a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also …
Persistent link: https://www.econbiz.de/10010294544
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Rising Wage Inequality in Germany
Gernandt, Johannes; Pfeiffer, Friedhelm - 2006
This paper investigates the evolution of wages and the recent tendency to rising wage inequality in Germany, based on the German Socio-Economic Panel (GSOEP) for 1984 to 2004. Between 1984 and 1994 the wage distribution was fairly stable. Wage inequality started to increase around 1994 in...
Persistent link: https://www.econbiz.de/10010297527
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Grade Inflation, Social Background, and Labour Market Matching
Schwager, Robert - 2008
A model is presented where workers of differing abilities and from different social backgrounds are assigned to jobs based on grades received at school. It is examined how this matching is affected if good grades are granted to some low ability students. Such grade inflation is shown to reduce...
Persistent link: https://www.econbiz.de/10010298081
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A Model of Educational Attainment: Application to the German Case
Lauer, Charlotte - 2002
education to decide on the optimal amount of education they want to invest in. In an extension of the model, the educational …
Persistent link: https://www.econbiz.de/10010298115
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Winners and Losers from a Demographic Shock under Different Intergenerational Transfer Schemes
Zamac, Jovan - 2005
This study investigates the general equilibrium effects of a fertility shock under different intergenerational transfer schemes. The effects on lifetime income and utility for different generations, as well as the effects on factor prices, are analyzed in a three-period overlapping generations...
Persistent link: https://www.econbiz.de/10010321536
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Does Tax Evation Affect Unemployment and Educational Choice?
Kolm, Ann-Sofie; Larsen, Birthe - 2003
ability, and the choice of education is determined endogenously. Job opportunities in an informal sector are available only to … workers who choose not to acquire higher education. We find that increased punishment of informal activities increases the …
Persistent link: https://www.econbiz.de/10010321585