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-cycle given an exogenous interest rate and exogenous wages. We show that in such a partial equilibrium setting, the original two …
Persistent link: https://www.econbiz.de/10011342936
Endogenous, ideas-led growth theory and the literature on agent-based modeling with neighborhood effects are crossed …
Persistent link: https://www.econbiz.de/10014216486
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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
This paper examines the impact on TFP of North-South trade-related technology diffusion in Latin America and the Caribbean (LAC). North-South R&D flows are constructed based on industry-specific R&D in the North, North-South trade patterns, and input-output relations in the South. The main...
Persistent link: https://www.econbiz.de/10013319472
We extend the Lucas' 1988 model introducing two classes of agents with heterogeneous skills, discount factors and initial human capital endowments. We consider two regimes according to the planner's political constraints. In the first regime, that we call meritocracy, the planner faces...
Persistent link: https://www.econbiz.de/10011517740
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The paper considers the determinants of reading proficiency of the working population in an economy using data on the per capita circulation of newspapers for forty countries over some years. The results indicate that parents' education and government expenditure on education during schooling...
Persistent link: https://www.econbiz.de/10013119279
Empirical growth regressions typically include mean years of schooling as a proxy for human capital. However, empirical research often finds that the sign and significance of schooling depends on the sample of observations or the specification of the model. We use a nonparametric local-linear...
Persistent link: https://www.econbiz.de/10013089004