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This paper presents estimates from a latent variables model of the relation between corporate governance and financial performance. We use data on large US corporations to estimate the correlation, conditional on the firms' investment opportunity set, between governance and performance. We find...
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because of disincentives to acquire education arising from the redistributional policies that increase income mobility. …
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workers' level of education. Using rm-level panel data covering the period 2002 to 2008, I estimate complementarities among … workers' level of education and a large set of organizational practices aggregated into three domains: decentralization … education: no post-compulsory education, upper-secondary vocational education and train- ing, tertiary vocational education, and …
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This paper aims to show the evolution of the role and importance of education in economic theory, especially in … of the role and importance of education in the development process. Presentation of the classification theory refers to … theories of interdependence of education and development (theory of human capital, human development and approach to the …
Persistent link: https://www.econbiz.de/10012010524
differ between women with college and postgraduate education. Likewise, black-white fertility differentials among women with … college and post-graduate education, in particular among recent birth cohorts, have not yet been addressed in the literature … college and post-graduate education for birth cohorts 1931-1980. Our findings show a significant postponement of the first …
Persistent link: https://www.econbiz.de/10011866844
period, first the post-World War baby boom and then the substantial increase in education led to higher economic growth than … otherwise expected. As the pace of increase in education slowed and the workforce aged toward the end of the period, human …
Persistent link: https://www.econbiz.de/10012213777