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educational attainment, especially at the secondary level, has significantly improved emerging Asia's educational achievement …. Regressions show that better parental education and income, lower income inequality, declining fertility, and higher public … educational expenditures account for higher educational enrollment. But Asia's average years of schooling are forecast to increase …
Persistent link: https://www.econbiz.de/10013138114
Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a suffciently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. We present a life-cycle model that...
Persistent link: https://www.econbiz.de/10011381036
equal distribution of education contributes significantly to reducing income inequality. Educational expansion is a major … stability contribute to reducing income inequality, while public spending on education helps to reduce educational inequality … make both income and education distribution more unequal. Using the calibration of empirical results, we find that we can …
Persistent link: https://www.econbiz.de/10011797411
Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a suffciently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. We present a life-cycle model that...
Persistent link: https://www.econbiz.de/10010325639
communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets …
Persistent link: https://www.econbiz.de/10010282273
social security schemes may a¤ect welfare, human capital investment and labor supply. We analyze and compare three different …
Persistent link: https://www.econbiz.de/10011398074
Contrary to employees, there is no clear evidence that entrepreneurs' education positively effects income. In this … study we propose that entrepreneurs can benefit from their education as a signal during the recruitment process of employees …
Persistent link: https://www.econbiz.de/10011303480
This paper presents a theoretical model to analyze the effects of technology change on growth rates of income and human capital in the uncertain environments of technology. The uncertainty comes from two sources; the possibility of a technology advance and the characteristics of new...
Persistent link: https://www.econbiz.de/10003817262
We present a theory of human capital, with its two most essential components, health capital and, what we term, skill capital, endogenously determined within the model. Using the theory, and a calibrated version of it, we uncover and highlight an important economic mechanism driving...
Persistent link: https://www.econbiz.de/10013172987
We study the impact of a student's ordinal rank in a high school cohort on educational attainment several years later. To identify a causal effect, we compare multiple cohorts within the same school, exploiting idiosyncratic variation in cohort composition. We find that a student's ordinal rank...
Persistent link: https://www.econbiz.de/10011283117