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This paper provides both a theoretical and an empirical investigation into the impact of job skill types on the black/white pay differentials. The theoretical analysis derives that the more intensively "soft"/"hard" skills are used in an occupation, the greater/smaller the black/white pay...
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Drawing on the literature of occupational status and social distance, a theory is developed of labor migration that is prompted by a desire to avoid "social humiliation". A closed-economy general equilibrium model that incorporates occupational status and examines the interaction between the...
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A theory is developed of labor migration that is prompted by a desire to avoid "social humiliation". In a general equilibrium framework it is shown that as long as migration can reduce humiliation sufficiently, migration will occur even between two identical economies. Migration increases the...
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Parental human capital and endowments may affect children's human capital, which in turn may affect children's earning and occupations and thus affect social mobility. This paper focuses on what we know about these possible links in low- and middle-income countries. It starts with definitions of...
Persistent link: https://www.econbiz.de/10012129659
This Element reviews what we know about parental investments and children's human capital in low-to-middle-income countries (LMICs). First, it presents definitions and a simple analytical framework; then discusses determinants of children's human capital in the form of cognitive skills,...
Persistent link: https://www.econbiz.de/10013474153