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In this study, an attempt has been made to estimate the incidences of job mismatch in Pakistan. The study has divided the job mismatch into three categories; education-job mismatch, qualification mismatch and field of study and job mismatch. Both the primary and secondary datasets have been used...
Persistent link: https://www.econbiz.de/10011167004
Signaling, in regard to its role of information transmission, has been well understood by existing literature, but its e¢´ect on the decision to invest in content has not been thoroughly studied. This paper analyzes a model of pre-investment and subsequent costly signaling to reconsider the...
Persistent link: https://www.econbiz.de/10011167037
On the basis of survey, drawing on economic growth theory, we analyze the main form of exogenous growth and regional applicability in Hebei Province, and point out that some exogenous driving forces are effective ways to accelerate rural construction, such as "the promotion of agriculture by...
Persistent link: https://www.econbiz.de/10011168202
Much of the debate over the allocation of education resources focuses on the alleged benefits of smallness—of classroom or school—and is based on evidence from small-scale studies. This paper reframes the question in terms of cohort size. Using national data, we find that a 10% increase in...
Persistent link: https://www.econbiz.de/10011056726
We revisit a recently introduced agent model [ACS, 11, 99 (2008)], where economic growth is a consequence of education (human capital formation) and innovation, and investigate the influence of the agents’ social network, both on an agent’s decision to pursue education and on the output of...
Persistent link: https://www.econbiz.de/10011059872
The term ‘talent management’ has been around for quite some time, but definitions abound around the globe, applications are varied and a plethora of measures—mostly tactical—are currently being used. This article addresses how the concept of talent management is of both theoretical and...
Persistent link: https://www.econbiz.de/10011065277
We consider a random matching model where heterogeneous agents choose optimally to invest time and real resources in education. Generically, there is a steady state equilibrium where some agents, but not all of them, invest. Regular steady state equilibria are constrained inefficient in a...
Persistent link: https://www.econbiz.de/10011065408
This paper studies the different mechanisms and the dynamics through which demography is channeled to the economy. We … transmission mechanisms of demographic shocks, a standard one (dilution) and two non-standard (altruism and human capital …
Persistent link: https://www.econbiz.de/10011065435
This paper explores the implications of a novel class of preferences for the behavior of asset prices. Following a suggestion by Marshall (1920), we entertain the possibility that people derive utility not only from consumption, but also from the very act of saving. These “saving-based”...
Persistent link: https://www.econbiz.de/10011065662
This paper links the two fields of “development traps” and “brain drain”. We construct a model which integrates endogenous international migration into a simple growth model. As a result the dynamics of the economy can feature some underdevelopment traps: an economy starting with a low...
Persistent link: https://www.econbiz.de/10011065952