We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...

Purpose – Aims to consider whether the expansion of post-compulsory education has led to greater benefits for members of one socio-economic group than another. Design/methodology/approach – Uses a multinomial logit model of the choice of first destination, using the Youth Cohort Survey data...

German metropolitan areas with more highly skilled workers became increasingly skilled between 1975 and 2003, and this has important implications for urban employment growth.Using for the first time German metropolitan areas instead of administrative regions we show that the share of college...

During the period 1950-2002 Africa has experienced a lower degree of economic development than Asia, due to several circumstances, and particularly to the low educational levels of population in many African countries. In this article we present the estimation of some econometric models of...

The study aims to analyse the relation between human capital, growth and brain drain in 77 countries. These variables are also affected by numerous other variables. This study researches human capital, growth, migration, their determinant variables and the interlink ages between them. Models...

"This paper uses panel data from Bangladesh, Ethiopia, and Malawi to examine the impacts of disasters on dynamic human capital production. Our empirical results show that accumulation of biological human capital prior to a disaster helps children maintain investments during the post-disaster...

The number of people in a given state or region with a college education varies across the nation. States in the Third Federal Reserve District (Pennsylvania, New Jersey, and Delaware) compare favorably with the nation on measures of college education and the three states as a whole are close to...

In this paper, we construct a parsimonious overlapping-generations model of human capital accumulation and study its quantitative implications for the evolution of the U.S. wage distribution from 1970 to 2000. A key feature of the model is that individuals differ in their ability to accumulate...

We investigate human capital accumulation in Spain using alternative approaches based on the concept of ‘labor quality’ and on the idea of education. We, then, assess the effect of human capital accumulation on labor productivity growth and discuss the implications of the different measures...

The relationship between the social welfare system and employment incentives has received considerable attention in the literature. This paper uses data from the National Aboriginal and Torres Strait Islander Survey to consider these issues for indigenous Australians. Two measures are...