Showing 1 - 10 of 23,597
Since the Lisbon agenda in 2000, Europe stated the goal to become the most advanced knowledge economy in the world … presence of localized externalities in the knowledge accumulation process, this policy may produce distortive and unwanted … average level of knowledge activity accompanied by a huge degree of internal territorial disparity. The aim of this paper is …
Persistent link: https://www.econbiz.de/10011536575
It is widely recognised that genetics and family investments both matter for children's development. However, the two are often treated as separate factors where the higher importance of one implies a lesser role of the other. In this paper, we challenge this view and show that genes and family...
Persistent link: https://www.econbiz.de/10012296317
We analyze inequality and mobility across generations in a dynastic economy. Nurture, in terms of bequests and the schooling investment into the next generation, is observable but the draw of nature in terms of ability is hidden, stochastic and persistent across generations. We calibrate the...
Persistent link: https://www.econbiz.de/10012166025
This paper provides a rationale for the revival of protectionism, based on the rise of the educated class. In a trade model with heterogeneous workers and entrepreneurs, globalization generates aggregate gains but has distributional effects, which can be attenuated through taxation. By playing a...
Persistent link: https://www.econbiz.de/10012168075
We find that knowledge spillover in the classroom depends on how peer personalities differ. In addressing the issue of … social process within each designated peer group. Our estimation results find that knowledge spillover between deskmates …
Persistent link: https://www.econbiz.de/10012841655
We evaluate a temporary public sector employment program targeted at individuals with weak labor market attachment, applying dynamic inverse probability weighting to account for dynamic selection. We show that the program is successful in increasing employment and reducing social assistance....
Persistent link: https://www.econbiz.de/10012879620
Can surveys affect human capital investments? This paper examines whether individual education choices and outcomes are affected by a survey posing questions related to investments, performance, preferences, and expectations. We have administrative data for the whole Swedish population to which...
Persistent link: https://www.econbiz.de/10012901956
This paper studies the effects of each U.S. recession since 1973 on local labor markets. We find that recession-induced declines in employment are permanent, suggesting that local areas experience permanent declines in labor demand relative to less-affected areas. Population also falls,...
Persistent link: https://www.econbiz.de/10012214828
Rising costs of and returns to college have led to sizeable increases in the demand for student loans in many countries. In the U.S., student loan default rates have also risen for recent cohorts as labor market uncertainty and debt levels have increased. We discuss these trends as well as...
Persistent link: https://www.econbiz.de/10010457242
Disruptions in family life can take many forms, but all have the potential to impact student learning. With school administrative data matched to birth records, I estimate the effect of unexpected changes in the home environment, or family shocks, on achievement. Identification comes from...
Persistent link: https://www.econbiz.de/10011296058