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Poverty, human capital, life-cycle and the tax and transfer bases: The role of education for development and international competition
Petersen, Hans-Georg - 2011
The paper is based on an individual life-cycle model, which describes the purely economic components of human capital. The present value of human capital is determined by all future income flows, which at the same time constitute the individual as well as the total tax base of a nation....
Persistent link: https://www.econbiz.de/10010282647
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Poverty, Human Capital, Life-cycle and the Tax and Transfer Bases: The Role of Education for Development and International Competition
Petersen, Hans-Georg - Lehrstuhl für Finanzwissenschaft, Wirtschafts- und … - 2011
The paper is based on an individual life-cycle model, which describes the purely economic components of human capital. The present value of human capital is determined by all future income flows, which at the same time constitute the individual as well as the total tax base of a nation....
Persistent link: https://www.econbiz.de/10009323207
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Why Is Human Capital a Driver for Economic Growth?
Daniel, Liparã - In: Ovidius University Annals, Economic Sciences Series XI (2011) 1, pp. 1160-1165
This paper aims to explain if there is a link between human capital accumulation and/or formation and economic growth. In a knowledge-based economy, investing in human capital is a representative of a country’s economic power. Migration of brains or so called “brain drain” to developed...
Persistent link: https://www.econbiz.de/10010838944
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Repeated selection with heterogenous individuals and relative age effects
Dawid, Herbert; Mühlheusser, Gerd - 2012
In contexts such as education and sports, skill-accumulation of individuals over time crucially depends on the amount of training they receive, which is often allocated on the basis of repeated selection. We analyze optimal selection policies in a model of endogenous skill formation where, apart...
Persistent link: https://www.econbiz.de/10010281864
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Repeated selection with heterogenous individuals and relative age effects
Dawid, Herbert; Muehlheusser, Gerd - 2012
In contexts such as education and sports, skill-accumulation of individuals over time crucially depends on the amount of training they receive, which is often allocated on the basis of repeated selection. We analyze optimal selection policies in a model of endogenous skill formation where, apart...
Persistent link: https://www.econbiz.de/10010282330
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Repeated Selection with Heterogenous Individuals and Relative Age Effects
Dawid, Herbert; Muehlheusser, Gerd - Institute for the Study of Labor (IZA) - 2012
In contexts such as education and sports, skill-accumulation of individuals over time crucially depends on the amount of training they receive, which is often allocated on the basis of repeated selection. We analyze optimal selection policies in a model of endogenous skill formation where, apart...
Persistent link: https://www.econbiz.de/10010541270
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Repeated Selection with Heterogenous Individuals and Relative Age Effects
Dawid, Herbert; Mühlheusser, Gerd - CESifo - 2012
In contexts such as education and sports, skill-accumulation of individuals over time crucially depends on the amount of training they receive, which is often allocated on the basis of repeated selection. We analyze optimal selection policies in a model of endogenous skill formation where, apart...
Persistent link: https://www.econbiz.de/10010542014
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HUMAN CAPITAL AND DEVELOPMENT: SOME EVIDENCE FROM EASTERN EUROPE
Vittorio, Carlei; Emiliano, Colantonio; Raffaella, … - In: Annals of Faculty of Economics 1 (2011) 1, pp. 173-178
economists always assert that human capital is a fundamental asset to promote economic growth and development. Health and … education and health; in fact, it is statistically supported that the two variables move together, so healthy people are more … to enjoy good health status. This generates a virtuous cycle that can lead to greater development. Indeed, health …
Persistent link: https://www.econbiz.de/10009366242
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Does initial vocational training foster innovativeness at the company level? : evidence from German establishment data
Matthies, Eike; Haverkamp, Katarzyna; Thomä, Jörg; … - 2021
While an increasing number of conceptual studies postulate that vocational education and training (VET) activities have a positive impact on the innovative capacity of training companies, empirical evidence on the subject remains scarce. This study exploits establishment data from a...
Persistent link: https://www.econbiz.de/10012495922
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Minimum wages and vocational training incentives in Germany
Kellermann, Kim Leonie - 2017
We examine the impact of sector-specific minimum wages in Germany on the willingness of youths to undergo vocational training. The theoretical intuition on the impact of wage floors on education is ambiguous. On the one hand, they raise the opportunity cost of education and prevent further skill...
Persistent link: https://www.econbiz.de/10011710845