Education has long been recognized as a central element in development. The human capital formation is receiving increased attention from policy makers and scholars in different parts of the world particularly in developing countries. Eritrea is a newly born nation in Africa and is striving hard...

This paper investigates the effects of skill bias technical change at the frontier on the evolution of output and human capital in the adopting countries. The framework introduces a novel feature by connecting the direction of technology adoption to a sequential process of skill accumulation,...

During the last 15 years - especially in the 1980s - wage inequality rose in the United States. It appears that this can be explained by a secular shift in production functions favoring workers with intellectual rather than manual skills, together with slower growth in the supply of skilled...

We consider the economic implications of a compressed wage structure which is exogenously determined by institutions. An important feature of our analysis is that human capital is endogenous and can be achieved either as formal education or as informal training within firms after entering the...

Research documents that parental beliefs influence early investments in children, which, in turn, determine early human capital and, eventually, other skills children acquire in later stages of the lifecycle, such as literacy. Our paper reports the results of an experimental evaluation of the...

Economic development experts have recognized the need for the spread of economic literacy in the transition economies of the former Soviet Union. This article presents an analysis of a program designed to enhance economic literacy through teacher training in Kazakhstan. The cognitive and...

Educational investment is an engine of economic development in Eritrea and thus financing education is like a blood to human body; while this is widely accepted, little empirical research has been conducted on the topic. This paper analyses patterns of educational finances in secondary education...