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  <span style="font-size: 12.000000pt; font-family: 'CMR12';">By international standards, gross domestic product (GDP) per capita in Latin America is low: around one fourth of that of the United States. Moreover, in the last five decades, Latin America has failed to catch-up in wealth to the level of the United States while other countries at similar...</span>
Persistent link: https://www.econbiz.de/10011152787
that these effects can result from policies that do not rely on aggregate capital accumulation or aggregate relative price … differences. More generally, the model can be used to generate differences in capital accumulation, relative prices, and measured …
Persistent link: https://www.econbiz.de/10005069660
life expectancy has a positive effect on schooling but a negative effect on expected lifetime labor supply. This paper …
Persistent link: https://www.econbiz.de/10011207126
How much would output increase if underdeveloped economies were to increase their levels of schooling? We contribute to … generated by more schooling. The advantage of our approach is that the upper bound is valid for any number of schooling levels … forms of endogenous technology response to changes in schooling. We also quantify the upper bound for all economies with the …
Persistent link: https://www.econbiz.de/10010736921
capital accumulation of child depends on time devoted by child for schooling and financial resources invested towards … run as well as long run effects of increase in size of land holding on child labour, human capital formation and growth … and earns wage proportional to human capital and the child is employed in the land possessed by the household and also …
Persistent link: https://www.econbiz.de/10011039048
Consider the following facts. In 1950, the richest countries attained an average of 8 years of schooling whereas the … poorest countries 1.3 years, a large 6-fold difference. By 2005, the difference in schooling declined to 2-fold because … schooling increased faster in poor than in rich countries. What explains educational attainment differences across countries and …
Persistent link: https://www.econbiz.de/10010945617
women, but is associated with less unpaid work. In countries where substantial gender gaps in schooling exist, enrollment …
Persistent link: https://www.econbiz.de/10010829304
are amplified by two reinforcing factors: schooling capital differences and aggregate total factor productivity …Standard growth models require large differences in barriers to capital accumulation to reproduce the observed … disparities in the wealth of nations. I introduce technology adoption and schooling decisions into a standard growth model and …
Persistent link: https://www.econbiz.de/10010785272
Most empirical investigations of the effects of cognitive skills assume that they are produced by schooling. Drawing on … control for endogeneity; and (4) point to limitations in using adult school attainment alone to represent human capital. …
Persistent link: https://www.econbiz.de/10010500566
Most empirical investigations of the effects of cognitive skills assume that they are produced by schooling. Drawing on … control for endogeneity; and (4) point to limitations in using adult school attainment alone to represent human capital. …
Persistent link: https://www.econbiz.de/10010254285