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the costs of child education: from time costs to monetary costs …
Persistent link: https://www.econbiz.de/10014041372
The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10012599109
The distribution of human capital and income lies at the center of a nexus of forces that shape a country’s economic, institutional and technological structure. I develop here a unified model to analyze these interactions and their growth consequences. Five main issues are addressed. First, I...
Persistent link: https://www.econbiz.de/10014023762
Does the successful deployment of digital technologies require complementary investment in skills? We conducted a pilot survey to investigate. The survey elicited information on whether the firm was adopting one of the three digital technologies of interest (AI, robotics, big data), provided...
Persistent link: https://www.econbiz.de/10012796564
training and education costs in the USA for unskilled employees and unemployed. In Germany, the lower skill wage mark-up leads …
Persistent link: https://www.econbiz.de/10011444759
The paper analyzes the contemporary organizational restructuring of production and work within firms. We emphasize the shift from a "Tayloristic" organization of work (characterized by significant specialization by tasks) to a "holistic" organization (featuring job rotation, integration of tasks...
Persistent link: https://www.econbiz.de/10011294704
This paper investigates basic relationships between technology and occupations. Building a general occupational model, I look at detailed occupations since 1980 to explore whether computers are related to job losses or other sources of wage inequality. Occupations that use computers grow faster,...
Persistent link: https://www.econbiz.de/10014131746
administers educational loans. Individuals are heterogeneous in their talent for education and ability to learn on the job and …
Persistent link: https://www.econbiz.de/10010418274
This paper surveys the empirical and theoretical link between education and growth in the growth process of Asian … countries. Particular attention is paid to the link between education and productivity, and to models that characterize key … education. …
Persistent link: https://www.econbiz.de/10008826308
This paper presents a model of development in which skilled labor is an input in technology adoption. The model combines Nelson and Phelps (1966) type technology dynamics with a growth model in which intermediate goods are used to produce a final good. The intermediate good producers hire...
Persistent link: https://www.econbiz.de/10012708582