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under which it may be Pareto improving in general equilibrium. We show that the implications of child labor for fertility …
Persistent link: https://www.econbiz.de/10014151797
This research studies the extent of asymmetric responses of general fertility rate with financial development and … distributed lag methodologies. Our study identifies a long run stable equilibrium among fertility rate, financial development and … income inequality under assumptions of symmetric and asymmetric relationships between fertility and each of the control …
Persistent link: https://www.econbiz.de/10013553635
We apply theories of capital market failure to ana1yzeoptima1 financing of risky higher education. In the market solution,students can only finance their education through debt. There isunderinvestment in human capita1, because some students with socia1lyprofitable investments in human capita1...
Persistent link: https://www.econbiz.de/10010325581
We apply theories of capital market failure to ana1yzeoptima1 financing of risky higher education. In the market solution,students can only finance their education through debt. There isunderinvestment in human capita1, because some students with socia1lyprofitable investments in human capita1...
Persistent link: https://www.econbiz.de/10011343276
We investigate the returns to cognitive ability in the labor and capital markets. Using population-wide Swedish military enlistment data and administrative tax records, we find that cognitive ability is much better at predicting capital income than labor earnings. The difference is almost a...
Persistent link: https://www.econbiz.de/10014250925
We investigate the returns to cognitive ability in the labor and capital markets. Using population-wide Swedish military enlistment data and administrative tax records, we find that cognitive ability is much better at predicting capital income than labor earnings. The difference is almost a...
Persistent link: https://www.econbiz.de/10014251435
results indicate that improved access to credit reduces fertility in poor countries and increases fertility in high …
Persistent link: https://www.econbiz.de/10011524838
Persistent link: https://www.econbiz.de/10003384471
Persistent link: https://www.econbiz.de/10001499610
In this paper, we examine which dimensions of cognitive ability are most predictive of key financial outcomes and what pathways could account for the observed relationships. We begin by proposing a conceptual framework that accounts for several plausible "channels" through which dif- ferences in...
Persistent link: https://www.econbiz.de/10014281581