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Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a suffciently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. We present a life-cycle model that...
Persistent link: https://www.econbiz.de/10011381036
We present a theory of human capital, with its two most essential components, health capital and, what we term, skill capital, endogenously determined within the model. Using the theory, and a calibrated version of it, we uncover and highlight an important economic mechanism driving...
Persistent link: https://www.econbiz.de/10013172987
We study the effects of genetic endowments on inequalities in education, income, and health. Specifically, we conduct … wages for each additional year of education obtained in a US sample. Thus, the implications of genetic endowments are … malleable, for example, via policies targeting education. …
Persistent link: https://www.econbiz.de/10012264989
Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a suffciently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. We present a life-cycle model that...
Persistent link: https://www.econbiz.de/10014192101
Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a sufficiently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. The authors present a life-cycle model...
Persistent link: https://www.econbiz.de/10014192430
Persistent link: https://www.econbiz.de/10009301468
Persistent link: https://www.econbiz.de/10003829170
, improvements in the education structure will add about two million persons to the US labor force and about half a million persons … educational scenarios that we evaluate, increasing the number of persons who achieve more than lower education has the strongest … scenarios. Shifting people from intermediate to higher education levels also increases labor force participation in higher age …
Persistent link: https://www.econbiz.de/10012697468
Persistent link: https://www.econbiz.de/10011796245
Persistent link: https://www.econbiz.de/10013479369