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Persistent link: https://www.econbiz.de/10005395952
Studies, coupled with labour market data, is used to estimate of logit model of choice and assess the role played by social … and market factors. The results show that labour market conditions play an influential role in determining outcomes … labour market, the effects being greater at times of economic recession when unemployment rates are rising. …
Persistent link: https://www.econbiz.de/10005395953
Persistent link: https://www.econbiz.de/10005395985
We reassess Mankiw, Romer and Weil's [mrw] version of the Solow model using, as did mrw, cross-sectional data to estimate the steady-state equation governing income per capita levels. The model fails in two critical areas. First, plausible factor shares obtained by mrw are not robust to the...
Persistent link: https://www.econbiz.de/10005396136
Persistent link: https://www.econbiz.de/10005396167
with regard to hu-man capital only shows up as long as it concerns skills that are built up on the job, i.e., by learning … by doing; even more, this disadvantage has been decreasing in the 1990's. In contrast, as long as it concerns skills that …
Persistent link: https://www.econbiz.de/10005398670
Over the last decade Ecuador has experienced a strong increase in financial transfers from migrated workers. This paper investigates how remittances via trans-national networks affect human capital investments through relaxing resource constraints and facilitate households in consumption...
Persistent link: https://www.econbiz.de/10005399289
This paper generalizes the Nelson-Phelps catch-up model of technology diffusion. We allow for the possibility that the pattern of technology diffusion can be exponential, which would predict that nations would exhibit positive catch-up with the leader nation, or logistic, in which a country with...
Persistent link: https://www.econbiz.de/10005401541
Parents with higher education levels have children with higher education levels. However, is this because parental education actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely that more able individuals who have higher education...
Persistent link: https://www.econbiz.de/10005401581
This paper examines the channels through which country characteristics affect growth. We investigate whether "primitives," or rates of factor accumulation, are sufficient statistics for economic growth, and whether "ancillary variables," such as political instability, income distribution, and...
Persistent link: https://www.econbiz.de/10005401582