Showing 1 - 10 of 3,467
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675
Although empirical evidence available suggests that information and communication technologies (ICT) have positively contributed to important sectors of the Mexican economy, it is still unknown to which extent ICT have truly contributed to productivity among these sectors. The increasing...
Persistent link: https://www.econbiz.de/10003402857
This paper studies the dynamic impacts of financial development, human capital, and economic growth on CO2 emission intensity in China for the period 1978-2015, with a structural breakpoint in 1992, by employing an autoregressive distributed lag (ARDL) approach. The estimations show that there...
Persistent link: https://www.econbiz.de/10012175933
This paper estimates the gender-specific effects of birthweight on a variety of schooling and labor market outcomes. A unique feature of the study is to use micro evidence on the relationship between birthweight - an early measure of nutritional advantage - and schooling outcomes to make...
Persistent link: https://www.econbiz.de/10009696201
To examine how human capital accumulation influences both economic growth and income inequality, we carefully endogenize the demand and supply of skills. We explicitly introduce the costs and externalities in education, and examine how both relate to learning-by-doing and R&D intensity. In...
Persistent link: https://www.econbiz.de/10009781636
Gut zwei Drittel aller Arbeitsstellen in Liechtenstein sind mit Ausländern besetzt. Der vorliegende Beitrag untersucht mögliche Auswirkungen der hohen Ausländerbeschäftigung auf Produktion, Wachstum und Verteilung in Liechtenstein. Unterschieden werden die drei Beschäftigungssegmente...
Persistent link: https://www.econbiz.de/10009613956
Indonesia has been experiencing impressive economic growth and rapid urbanization in recent years. However, urbanization could affect income inequality through people's movement from rural to urban areas. Using the 2010 National Labor Force Survey (Sakernas) in Indonesia, this study examines how...
Persistent link: https://www.econbiz.de/10010463700
This paper quantitatively investigates the short- and long-run effects of liberalizing global migration on the world … distribution of income. We develop and parametrize a dynamic model of the world economy with endogenous migration, fertility and … education decisions. We identify bilateral migration costs and their legal component for each pair of countries and two classes …
Persistent link: https://www.econbiz.de/10010235847
’s human capital accumulation function in the periphery are incorporated. I show how migration affects the inter … help increase the per-capita human capital levels, if free uncontrolled migration leads to a reduction in human capital …
Persistent link: https://www.econbiz.de/10012628761
This paper presents an endogenous growth model of migration and technological diffusion with transitional dynamics …-biased technological change (SBTC), which first occurs in the destination, raises the relative return to high skill migration and thus the … bilateral migration data from 31 destinations and 195 origins is shown to support this hypothesis, with the average income of …
Persistent link: https://www.econbiz.de/10012020516