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The supply of hours worked and fluctuations between growth regimes

Iong, Ka-Kit; Irmen, Andreas - 2021

Declining hours of work per worker in conjunction with a growing work force may give rise to fluctuations between growth regimes. This is shown in an overlapping generations model with two-period lived individuals endowed with Boppart-Krusell preferences (Boppart and Krusell (2020)). On the...

Persistent link: https://www.econbiz.de/10012499514

Occupational choice and the dynamics of human capital, inequality and growth

Dvorkin, Maximiliano A.; Monge-Naranjo, Alexander - 2019

We construct a dynamic general equilibrium model with occupation mobility, human capital accumulation and endogenous assignment of workers to tasks to quantitatively assess the aggregate impact of automation and other task-biased technological innovations. We extend recent quantitative general...

Persistent link: https://www.econbiz.de/10011998090

The middle-income trap 2.0 : the increasing role of human capital in the age of automation and implications for developing Asia

Glawe, Linda; Wagner, Helmut - 2020 - Update March 2020

We modify the concept of the middle-income trap (MIT) against the background of the Fourth Industrial Revolution and the (future) challenges of automation (creating the concept of the "MIT 2.0") and discuss the implications for developing Asia. In particular, we analyze the impacts of...

Persistent link: https://www.econbiz.de/10012206273

Ideology, Human Capital, and Growth

Iyigun, Murat; Mocan, Naci H.; Owen, Ann L. - 2001

education and knowledge and ideology play complementary roles in determining individuals' efficiency units of labor input. A … are likely to invest more in education and as a result experience faster technological progress and growth. Somewhat … high even in the long run. When there exists a feedback loop between education and ideology, a flawed ideology may be …

Persistent link: https://www.econbiz.de/10014134820

Migration and dynamics : how a leakage of human capital lubricates the engine of economic growth

Sorger, Gerhard; Stark, Oded; Wang, Yong - 2013

This paper studies the growth dynamics of a developing country under migration. Assuming that human capital formation is subject to a strong enough, positive intertemporal externality, the prospect of migration will increase growth in the home country in the long run. If the external effect is...

Persistent link: https://www.econbiz.de/10009766452

Migration and dynamics : how a leakage of human capital lubricates the engine of economic growth

Sorger, Gerhard; Stark, Oded; Wang, Yong - 2013

Persistent link: https://www.econbiz.de/10009775568

Human capital formation : the importance of endogenous longevity

Galama, Titus J.; Van Kippersluis, Hans - 2022

We present a theory of human capital, with its two most essential components, health capital and, what we term, skill … capital, endogenously determined within the model. Using the theory, and a calibrated version of it, we uncover and highlight …

Persistent link: https://www.econbiz.de/10013172987

Demographic Change, Human Capital and Endogenous Growth

Ludwig, Alexander - 2009

This paper employs a large scale overlapping generations (OLG) model with endogenous education to evaluate the … endogenously adjust their education. Low ability agents experience higher welfare gains. Endogenous growth through human capital …

Persistent link: https://www.econbiz.de/10013157400

Demographic Change, Human Capital and Endogenous Growth

Ludwig, Alexander - 2009

Persistent link: https://www.econbiz.de/10012721264

Demographic Change, Human Capital and Welfare

Ludwig, Alexander; Schelkle, Thomas; Vogel, Edgar - 2010

This paper employs a large scale overlapping generations (OLG) model with endogenous human capital formation using a Ben-Porath (1967) technology to evaluate the quantitative role of human capital adjustments for the economic consequences of demographic change. We find that endogenous human...

Persistent link: https://www.econbiz.de/10014198885