Ex ante returns, the net value that agents perceive before they take an investment decision, are understood as the main drivers of individual decisions. Hence, their distribution in a population is an important tool for counterfactual analysis and policy evaluation. This paper studies the...

Schools are ripe for policy intervention. We demonstrate that a greater prevalence of group discussion used in schools positively affects students' life satisfaction and noncognitive skills but has no impact on test scores, based on a sample from the 2015 PISA which includes more than 35...

This paper provides an overview of what has happened over the past fifty years for women as they worked to break through professional barriers in economics, policy, and institutional leadership. We chart the progress of women in higher education at the college level and beyond and then go on to...

The structure of rural household energy consumption is crucial for rural residents' living standards and quality of life, constituting an integral component of energy transition and promoting Chinese-style modernization. Meanwhile, rural human capital is a prerequisite for agricultural and rural...

Evidence suggests that productivity would be much higher and unemployment much lower if the supply of and demand for skills were better matched. As a result, skills mismatch between workers (supply) and jobs (demand) commands the ongoing attention of policymakers in many countries. Policies...

Although early human capital theory recognized the relevance of workers' experience, its focus was on education and formal training. More recent studies show that much of the performance of newly hired workers is driven by learning by doing or learning from peers or supervisors in the workplace....

Multiple job-holding, or "moonlighting", is an important form of atypical employment in most economies. New forms of work, driven by digitalization, may enable its future growth. However, many misconceptions exist, including the belief that multiple job-holders are only low-skilled individuals...

Can entrepreneurship programs be successful labor market policies for the poor? A large share of workers in developing countries are self-employed (mostly own-account workers without paid employees, often interchangeably used as micro entrepreneurs). Their share among all workers has not changed...

Der demografische Wandel stellt Unternehmen in Deutschland vor die Herausforderung, digitale Transformationsprozesse mit alternden und zunehmend altersheterogenen Belegschaften zu meistern. Dabei können aufgrund des steigenden betrieblichen Anpassungs- und Veränderungsdrucks in den...

This paper aims to study the impact of salesperson human capital investment on the export performance of heterogeneous enterprises in China. To distinguish the different effects on the staff level and the management level, we define the human capital investment for the overall salespersons as...