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Human capital is the most important factor of production in today's economies - and education is an investment that generates higher incomes in future. The growth stars of the coming years identified in our introductory study base their success on major gains in human capital. The success...
Persistent link: https://www.econbiz.de/10014063167
cognitive ability. Compulsory schooling can move society from elite education to mass education. An interaction between …
Persistent link: https://www.econbiz.de/10014146209
There are different factors for obtaining economic development. In contemporary economics, knowledge and intellectual capital have become necessary for achieving economic development. Management and development of intellectual capital bring benefits and advance the economy. The main aim of the...
Persistent link: https://www.econbiz.de/10012012578
their impact on schooling and productivity. In particular, it is found that subsidies to basic education are likely to be …
Persistent link: https://www.econbiz.de/10014112023
This paper investigates whether the sources of income, not just the levels, determine whether an individual is monogamous. Our results support the idea that polygyny stunts development by allowing wealthy men to acquire wives rather than investing in child quality.
Persistent link: https://www.econbiz.de/10010576403
Why has polygyny, marriage of a man to multiple women, common in most societies throughout history, almost disappeared in modern industrialized countries? Do women play a role in its disappearance? A simple theoretical model suggests that at the later stage of the transition from polygyny to...
Persistent link: https://www.econbiz.de/10011650292
Why has polygyny, marriage of a man to multiple women, common in most societies throughout history, almost disappeared in modern industrialized countries? Do women play a role in its disappearance? A simple theoretical model suggests that at the later stage of the transition from polygyny to...
Persistent link: https://www.econbiz.de/10010422242
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 … a rigorous and systematic search for significance of mean years of schooling by examining five of the most comprehensive …
Persistent link: https://www.econbiz.de/10009681433
This paper simulates the impact of a permanent fertility shock on economic growth, using endogenous versus exogenous … decline in fertility on growth when compared with an exogenous growth model. This result stems from the rise in education …
Persistent link: https://www.econbiz.de/10004985272
growth model with endogenous fertility. I show how refugee resettlement from a more advanced and wealthier economy to a less …
Persistent link: https://www.econbiz.de/10011814840