This paper describes the theoretical underpinnings and provides empirical evidence for a model that predicts a positive impact of immigration on entrepreneurial activity. Immigrants, we hypothesize, facilitate innovation and entrepreneurship by being willing and able to invest in new skills. At...

We study the efficiency and distributional consequences of establishing and abolishing the draft in a dynamic model with overlapping generations, taking into account endogenous human capital formation as well as government budget constraints. The introduction of the draft initially benefits the...

We study the efficiency and distributional consequences of establishing and abolishing the draft in a dynamic model with overlapping generations, taking into account endogenous human capital formation as well as government budget constraints. The introduction of the draft initially benefits the...

Economists are often skeptical concerning the economic effects of various forms of human rights: it has been argued that basic human rights can make the legal system less efficient but also that extensive social rights are incompatible with market economies. It is argued here that basic human...

We analyze the impact of access to piped water on human capital formation as measured by test scores from standardized school exams at Brasilian primary schools. We find a positive and significant effect of around 11 percent of the standard deviation of mean test scores. The effect of piped...

This paper analyzes the impact of access to piped water on human capital formation as measured by test scores from standardized school exams in Brazilian primary schools. We find that children in urban areas with access to tap water at home perform significantly better at school: They achieve...

An attempt is made in this paper to examine the impacts of government spending on human capital on human development indicators like healthcare outcomes, education achievements and increase in national income in Namibia using time series data from 1980 to 2015. The analysis reveals a significant...

The organization of the Prussian school system still affects the German education system of today. Against the background of end-of-nineteenth-Prussia this thesis analyzes how education funding emerges in a federal system and how it affects prosperity and nation building in a setting of...

Trends over the last 25 years suggest that nearly 80% of the social sector spending has come from state budgets. Taken together with other policy developments in the country, the centre's role in financing social welfare, including elementary education, is likely to decline further. Analysing...

We leverage introduction of the first antibiotic therapies in 1937 to examine impacts of pneumonia in infancy on adult education, employment, disability, income and income mobility, and identify large impacts on each. We then examine how racial segregation in the pre-Civil Rights Era moderated...