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In this paper, we develop a model of technology adoption and economic growth in which households optimally obtain either a concept-based, general' education or a skill-specific, vocational' education. General education is more costly to obtain, but enables workers to operate new technologies...
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In this paper, we develop a model of technology adoption and economic growth in which households optimally obtain either a concept-based, quot;generalquot; education or a skill-specific, quot;vocationalquot; education. General education is more costly to obtain, but reduces the loss of a...
Persistent link: https://www.econbiz.de/10012728102
In this paper, we develop a model of technology adoption and economic growth in which households optimally obtain either a concept-based, general' education or a skill-specific, vocational' education. General education is more costly to obtain, but enables workers to operate new technologies...
Persistent link: https://www.econbiz.de/10013212567
Persistent link: https://www.econbiz.de/10007647301