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Elite education, mass education, and the transition to modern growth
Strulik, Holger; Werner, Katharina - 2015
We propose an innovation-driven growth model in which education is determined by family background and cognitive … ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers …, compulsory education is implemented first and triggers the onset of market R&D. According to the British way, market R&D is …
Persistent link: https://www.econbiz.de/10011392484
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Elite education, mass education, and the transition to modern growth
Strulik, Holger; Werner, Katharina - 2014
For most of human history there existed a well-educated and innovative elite whereas mass education, market R&D, and … model for the very long run in which the individual-specific return to education is conceptualized as an compound of … determines whether an individual experiences education and a locally stable steady state at which education is determined by …
Persistent link: https://www.econbiz.de/10010346232
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Human capital and economic growth: Sweden 1870–2000.
Ljungberg, Jonas; Nilsson, Anders - In: Cliometrica, Journal of Historical Economics and … 3 (2009) 1, pp. 71-95
in different forms of education, stretching as far back as 1812, and the size and age distribution of the population …
Persistent link: https://www.econbiz.de/10005111513
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On the Relationship Between Education and Growth
Sanchez Losada, F. - Departament d'Economia i Història Econòmica, … - 1998
education and bequests. We study the incidence of three education systems on the human capital of the offspring. We show that … the effects of an education subsidy on growth are different depending on the education system. We also examine the …
Persistent link: https://www.econbiz.de/10005823953
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Inflation crises, human capital formation and growth
HEYLEN, F.; POZZI, L.; VANDEWEGE, J. - Faculteit Economie en Bedrijfskunde, Universiteit Gent - 2004
This paper shows that inflation crises may stimulate the accumulation of human kapital. A crucial idea is that high inflation undermines total factor productivity, which makes working and physical capital formation less attractive. If young agents consider high inflation to be temporary, they...
Persistent link: https://www.econbiz.de/10004983123
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Measuring aggregate human capital in Portugal. An update up to 2001
Teixeira, Aurora A. C. - Faculdade de Economia, Universidade do Porto - 2004
on education attainment. This work might potentially facilitate further empirical works on the relation between human …
Persistent link: https://www.econbiz.de/10005059495
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Brain Drain and Distance to Frontier
Di Maria, C.; Stryszowski, P.K. - Tilburg University, Center for Economic Research - 2006
In this paper we investigate the effects of emigration on growth in developing countries.We present a model in which productivity increases either through imitation or innovation, and both activities use the same types of human capital as inputs, albeit with different intensities.Heterogenous...
Persistent link: https://www.econbiz.de/10011092018
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Does it pay to fulfill the Maastricht convergence criteria? : reflections on the public debt and growth nexus for selected European economies
Bökemeier, Bettina; Clemens, Christiane - 2016
show that growth is higher if the debt to GDP ratio is below 60 % compared to values above it. Moreover, a comparison with …
Persistent link: https://www.econbiz.de/10011557773
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Debt, debt sustainability and economic growth in Ghana
Forson, Cassiel Ato Baah - In: West African journal of monetary and economic integration 19 (2019) 1, pp. 74-101
The purpose of the study is to test for debt sustainability as well as assess the impact of public debt on economic … suggested by Bohn (1998) to test for the sustainability of Ghana's debt. The neoclassical growth model was used to determine the … relationship between debt and economic growth after controlling for other determinants of growth such as labour, capital, trade …
Persistent link: https://www.econbiz.de/10013348432
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Does it Pay to Fulfill the Maastricht Convergence Criteria? - Reflections on the Public Debt and Growth Nexus for Selected European Economies
Bökemeier, Bettina; Clemens, Christiane - 2016
show that growth is higher if the debt to GDP ratio is below 60 % compared to values above it. Moreover, a comparison with …
Persistent link: https://www.econbiz.de/10011584860