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This article shows that the Mincer equations, augmented with variables of firm size and corrected by selectivity bias, yield results that are consistent with the theories of human capital and labor segmentation. Greater firm endowments of human capital and physical capital are related to greater...
Persistent link: https://www.econbiz.de/10005747254
Long run economic growth and its transitional dynamics are determined in ageneral equilibrium model of endogenous longevity, human capital and growth.Agents in overlapping generations survive safely for the first two periods of life andface an endogenous probability of surviving for a third...
Persistent link: https://www.econbiz.de/10009209721
The objective of this research paper is to examine the changes and dynamics of household structure, human capital and the returns to education, labor earnings, women labor force participation and investment in human capital. The approach used in the analysis is the so–called “cohort...
Persistent link: https://www.econbiz.de/10005603881