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The effect of wages on human capital and its virtuous dynamic cycle

Lartigue-Mendoza, Jacques; Domínguez, Salomón - In: Revista finanzas y política económica 15 (2023) 1, pp. 67-104

of wages on the workers' human capital intertemporal investment decisions and the existence of a virtuous dynamic cycle … between wages and human capital. Among the desired characteristics of the proposed model is that it has an analytical solution … model predicts two benchmark human capital gross returns and their corresponding wages, by levels of education. Below the …

Persistent link: https://www.econbiz.de/10014308160

Umlage- oder Kapitaldeckungsverfahren in Südkorea : eine Auseinandersetzung mit der Finanzierungsproblematik der gesetzlichen Rentenversicherung

Lee, Yong-ha - 1994

Persistent link: https://www.econbiz.de/10000890620

Nigeria : solutions to our economic megacrisis ; (economics applied to problem-solving indeveloping nations)

Omole, Akanni A. - 1985

Persistent link: https://www.econbiz.de/10000762390

Heterogeneous parameter uncertainty and the timing of investment during crisis

Ni, Shawn X. (contributor); Ratti, Ronald A. (contributor) - 2009

We present a model in which investors observe the same macroeconomic data but have varying levels of information about the parameters that determine the distribution of the expected returns on investment. During a crisis that increases macroeconomic uncertainty and reduces asset prices, the...