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Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...
Persistent link: https://www.econbiz.de/10011325967
When types of workers are imperfect substitutes, the Mincerian rate of return to human capital is negatively related to the supply of human capital. We work out a simple model for the joint evolution of output and wage dispersion. We estimate this model using cross-country panel data on GDP and...
Persistent link: https://www.econbiz.de/10011408972
When types of workers are imperfect substitutes, the Mincerian rate of return to human capital is negatively related to the supply of human capital. We work out a simple model for the joint evolution of output and wage dispersion. We estimate this model using cross-country panel data on GDP and...
Persistent link: https://www.econbiz.de/10013320636
, Ireland, Netherlands, Norway, Spain, Sweden, Switzerland, UK; 3) a neutral role - Denmark and Italy; and 4) a negative impact …
Persistent link: https://www.econbiz.de/10013321313
, Ireland, Netherlands, Norway, Spain, Sweden, Switzerland, UK; 3) a neutral role - Denmark and Italy; and 4) a negative impact …
Persistent link: https://www.econbiz.de/10001471780
, Ireland, Netherlands, Norway, Spain, Sweden, Switzerland, UK; 3) a neutral role - Denmark and Italy; and 4) a negative impact …
Persistent link: https://www.econbiz.de/10011325999
This paper evaluates the impact on earnings, pensions, and other labor market outcomes of two parallel educational reforms increasing instructional time in Swedish primary school. The reforms extended the compulsory years of schooling from 6 to 7 years and the annual term length from 34.5/36.5...
Persistent link: https://www.econbiz.de/10011595190
, Ireland, Netherlands, Norway, Spain, Sweden, Switzerland, UK; 3) a neutral role – Denmark and Italy; and 4) a negative impact …
Persistent link: https://www.econbiz.de/10010262344
Training programs for the unemployed typically involve training specific skills in demand amongst employers. In 1997, Swedish unemployed could also choose general schooling at the upper secondary level. This offers a unique opportunity to assess the theoretically ambiguous long-term relative...
Persistent link: https://www.econbiz.de/10011417296
children reared in two-parent families. Evidence from the United States and Sweden indicates that living in a non-intact family … children's outcomes in terms of educational attainment and earnings using data from Sweden and the United States. Comparing the … United States and Sweden is interesting because both family structure and public policy environments in the two countries …
Persistent link: https://www.econbiz.de/10013319100