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period, first the post-World War baby boom and then the substantial increase in education led to higher economic growth than … otherwise expected. As the pace of increase in education slowed and the workforce aged toward the end of the period, human …
Persistent link: https://www.econbiz.de/10012213777
new technology at the workplace. In the preferred analysis we run fixed effects estimations. As a robustness test we also … participants in general but no effects on wages and job mobility for new technology adoption. Furthermore, the combined occurrence … of new technology adoption and of training participation does not make individuals better off in terms of wages or job …
Persistent link: https://www.econbiz.de/10014466919
new technology at the workplace. In the preferred analysis we run fixed effects estimations. As a robustness test we also … participants in general but no effects on wages and job mobility for new technology adoption. Furthermore, the combined occurrence … of new technology adoption and of training participation does not make individuals better off in terms of wages or job …
Persistent link: https://www.econbiz.de/10014442708
This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions
Persistent link: https://www.econbiz.de/10013324941
The economic returns to education in transition countries have been extensively evaluated in the literature. The … present study contributes to this literature by estimating the returns to education in Georgia during the last transition … period 2000–04. We find very low returns to education in Georgia and little evidence of an increasing trend in the returns …
Persistent link: https://www.econbiz.de/10003996802
We propose an innovation-driven growth model in which education is determined by family background and cognitive … ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers …, compulsory education is implemented first and triggers the onset of market R&D. According to the British way, market R&D is …
Persistent link: https://www.econbiz.de/10011392484
dramatic augmentation of working population with vocational education relative to general education. This is consistent with … the recent literature, which argues that the ratio of vocational-to-general education tends to be higher in middle …-income countries. We explore an analytical approach to open up fresh insights into the composition of secondary education and prove the …
Persistent link: https://www.econbiz.de/10011281876
This paper investigates two mechanisms through which education may affect cognitive skills in adolescence: the role of …. Overall, secondary education therefore seems to impact students'cognitive skills in adolescence especially through …
Persistent link: https://www.econbiz.de/10011287017
education in China appear to be zero. We estimate an instrumental variables fixed effects model where share of college graduates … is instrumented by the number of universities with special status and find positive external returns to education of … rural, men, and low-educated workers. This finding provides the motivation for increasing education investment in rural …
Persistent link: https://www.econbiz.de/10011288538
This paper studies how schooling admission tests affect economic performance in an economy where individuals are endowed with both academic and non academic abilities and both abilities matter for labor productivity. We develop a simple model with selective government held schools, where...
Persistent link: https://www.econbiz.de/10011316915