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Inequality and growth : the role of human capital with heterogeneous skills
Borissov, Kirill; Bosi, Stefano; Ha-Huy, Thai; Modesto, … - 2016
We extend the Lucas' 1988 model introducing two classes of agents with heterogeneous skills, discount factors and …
Persistent link: https://www.econbiz.de/10011517740
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Ability distribution and dynamics of wage inequality : unintended consequences of human capital accumulation
Borissov, Kirill; Minabutdinov, Aleksey; Popov, Roman - 2024
capital externalities incentivize individuals to invest in skills, consequently reshaping the composition of the labor force …
Persistent link: https://www.econbiz.de/10014578200
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Economic analysis of supply functions, private returns to investment in education and skill mismatch in Egypt
Biltagy, Marwa Shibl - In: European journal of government and economics : EJGE 8 (2019) 1, pp. 81-95
Education provides good health, empowerment and employment to all people in the society. Accordingly, education can make a lifelong difference in individuals' lives. It is proved that, on average, there is a positive relationship between each additional year of schooling and the income of an...
Persistent link: https://www.econbiz.de/10012157093
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Migration Options for Skilled Labor and Optimal Investment in Human Capital
Ghoddusi, Hamed; Siyahhan, Baran - 2015
This paper develops a model of optimal education choice of an agent who has an option to emigrate. Using a real options framework, we analyze the time evolution of human capital in the home country and investigate the role of migration opportunities in the accumulation of different types of...
Persistent link: https://www.econbiz.de/10014151190
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Wages, skills, and skill-biased technical change : the canonical model revisited
Bowlus, Audra J.; Lochner, Lance; Robinson, Chris; … - 2021
The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10012599109
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An unfulfilled promise? : higher education quality and professional underemployment in Peru
Yamada, Gustavo; Lavado, Pablo; Martínez, Joan J. - 2015
difficulties to find occupations that match their higher educational background, skills and educational investments. This scenario … increased from 0.19 to 0.30 beginning the college market deregulation. These estimation consider a twofold effect of … university education among individuals with lower academic skills. …
Persistent link: https://www.econbiz.de/10011427813
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Dynamic skill accumulation, education policies and the return to schooling
Belzil, Christian; Hansen, Jörgen; Liu, Xingfei - 2017
-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (AFQT scores) and …
Persistent link: https://www.econbiz.de/10011625378
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Dynamic skill accumulation, education policies, and the return to schooling
Belzil, Christian; Hansen, Jörgen; Liu, Xingfei - In: Quantitative economics : QE ; journal of the … 8 (2017) 3, pp. 895-927
-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (Armed Forces …
Persistent link: https://www.econbiz.de/10011801771
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Dynamic skill accumulation, education policies, and the return to schooling
Belzil, Christian; Hansen, Jörgen; Liu, Xingfei - In: Quantitative economics : QE ; journal of the … 8 (2017) 3, pp. 895-927
Persistent link: https://www.econbiz.de/10011804963
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Increasing returns to education and the skills under-investment trap
Booth, Alison L. (contributor);  … - 2005
We model educational investment and labor supply in a competitive economy with home and market production. Heterogeneous workers are assumed to have different productivities both at home and in the workplace. We investigate the degree to which there is under-investment in human capital, and...
Persistent link: https://www.econbiz.de/10003011508