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We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income distribution appears to be stratifying into a trimodal...
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In an influential paper Mankiw, Romer, and Weil (1992) argue that the evidence on the international disparity in levels of per capita income and rates of growth is consistent with a standard Solow model, once it has been augmented to include human capital as an accumulable factor. In a study on...
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Die Qualität der Bildung und nicht die Zahl an Bildungsjahren ist entscheidend für das Wirtschaftswachstum eines Landes … sind, die entscheidend zur wirtschaftlichen Entwicklung eines Landes beitragen. Dieser Beitrag liefert empirische Evidenz … Wirtschaftswachstum hat. Diese Erkenntnis steht einem seit Jahren beklagten Fachkräftemangel insbesondere in den MINT-Fächern (Mathematik …
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