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We consider how the possibility of international migration affects an individual’s educational choices in their home country. Without the opportunity to emigrate abroad people choose their educational investment (and hence their skill level) as we might expect, taking into account the utility...
Persistent link: https://www.econbiz.de/10012311042
that political institutions are a key determinant of human capital accumulation and long-run economic development. …
Persistent link: https://www.econbiz.de/10012161499
quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor … path. Hence, we examine the effectiveness of different development policies to exit the poverty trap. Our numerical …
Persistent link: https://www.econbiz.de/10010230511
increasingly concerned about how this pie is sliced, that is, about income inequality. We find that countries with greater … adherence to Rule of Law are characterized by less income inequality. These results highlight the importance of Rule of Law in … generating economic growth and decreasing income inequality …
Persistent link: https://www.econbiz.de/10013251673
The frequent exposures of food safety events in recent years have aroused extensive social concerns. Food quality and safety are hot topics in the food engineering field. In a market with mutual competitions, the products of different enterprises are substitutive, and enterprises have to achieve...
Persistent link: https://www.econbiz.de/10012821282
This paper argues that the traditional societal contract that underlies the market economy has run its course and needs to be replaced by a new contract, based on a new conception of the "empowering economy." Whereas different societal contracts are relevant to different societies, there must be...
Persistent link: https://www.econbiz.de/10012009074
exploring socioeconomic inequality in LCT adoption and its underlying sources. We exploit nationally representative longitudinal … relative contribution of each socioeconomic factor to the total estimated socioeconomic inequality. Our results suggest that …
Persistent link: https://www.econbiz.de/10014276749
the top of that distribution. It is shown that the economy switches from a Victorian to an SATC equilibrium as inequality …
Persistent link: https://www.econbiz.de/10010271277
the top of that distribution. It is shown that the economy switches from a Victorian to an SATC equilibrium as inequality …
Persistent link: https://www.econbiz.de/10003901742
the top of that distribution. It is shown that the economy switches from a Victorian to an SATC equilibrium as inequality …
Persistent link: https://www.econbiz.de/10013155540