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In this article, we survey the theoretical literature investigating the role of gender inequality in economic development. The vast majority of theories reviewed suggest that gender inequality is a barrier to development, particularly over the long run. Among the many plausible mechanisms...
Persistent link: https://www.econbiz.de/10011888636
fertility in high HIV-prevalent SSA countries induced by the fall in education and human capital investments following the drop …-to-quality of children. This result suggests that the current evidence on fertility halting and declining education in high HIV …
Persistent link: https://www.econbiz.de/10012114066
The usual models of endogenous growth treat knowledge codification as a byproduct of R&D and as costless. In contrast to this, one can observe great efforts of private firms for the purposeful codification of knowledge. We incorporate costly knowledge codification in an overlapping generations...
Persistent link: https://www.econbiz.de/10011753129
The usual models of endogenous growth treat knowledge codification as a byproduct of R&D and as costless. In contrast to this, one can observe great efforts of private firms for the purposeful codification of knowledge. We incorporate costly knowledge codification in an overlapping generations...
Persistent link: https://www.econbiz.de/10003459422
We develop a general equilibrium overlapping generations model which is based on the view that education makes workers … increase productivity. One important implication of the model is that the enrolment rate to education has a negative effect on … relationship between education and economic growth that has been found in the empirical macroeconomic literature. Conversely, for a …
Persistent link: https://www.econbiz.de/10013021942
Since the mid-1990s, Italy's economic growth faltered, primarily due to sluggish productivity growth. This article investigates the root causes of the slow growth. Firstly, it benchmarks Italy over time vis-à-vis euro area and OECD countries in the area of human capital, product market...
Persistent link: https://www.econbiz.de/10012868091
Persistent link: https://www.econbiz.de/10014252467
This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion,...
Persistent link: https://www.econbiz.de/10014051236
output of one additional year of education (about 6 percent) is also consistent with microeconomic evidence on the private …
Persistent link: https://www.econbiz.de/10014133535
In 1960 Theodore Schultz expounded a human capital theory of economic growth that includes three elements: 1) Countries without much human capital cannot manage physical capital effectively, 2) Economic growth can only proceed if physical capital and human capital rise together, and 3) Human...
Persistent link: https://www.econbiz.de/10013052248