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formation bears consequences on an economy wide level, since education contributes to labor productivity. We examine the impact …
Persistent link: https://www.econbiz.de/10010323645
formation bears consequences on an economy wide level, since education contributes to labor productivity. We examine the impact …
Persistent link: https://www.econbiz.de/10012145576
We propose a new microeconomic explanation for the divergent experiences of economies in forming human capital. We suggest that the positive effect of a longer life expectancy on human capital formation arises from two separate effects: a life expectancy effect and a prolonged intergenerational...
Persistent link: https://www.econbiz.de/10010323586
Germany has had an extremely low growth performance since 1995. The paper looks at the long-run reasons for this loss of economic dynamics besides German unification: These include leaving labor idle, a declining share of investment in GDP, a weaker innovative activity, an ineffective system for...
Persistent link: https://www.econbiz.de/10010265594
We propose a new microeconomic explanation for the divergent experiences of economies in forming human capital. We suggest that the positive effect of a longer life expectancy on human capital formation arises from two separate effects: a life expectancy effect and a prolonged intergenerational...
Persistent link: https://www.econbiz.de/10011577711
This paper comprehensively reviews the developments in the education and labor markets in the Philippines in the past … 25 years. It highlights the trends on how the labor market used educated workers. It also reviews how education has …
Persistent link: https://www.econbiz.de/10011431785
Persistent link: https://www.econbiz.de/10012604522
Persistent link: https://www.econbiz.de/10012648357
Persistent link: https://www.econbiz.de/10011672347
This paper aims to show the evolution of the role and importance of education in economic theory, especially in … of the role and importance of education in the development process. Presentation of the classification theory refers to … theories of interdependence of education and development (theory of human capital, human development and approach to the …
Persistent link: https://www.econbiz.de/10012010524