Recent empirical studies show that the intergenerational persistence of economic status in the U.S. is much higher than previously thought. We develop a quantitative theory of inequality and intergenerational transmission of human capital where parents invest in early and college education of...

This paper uses the only representative sample of the Russian Federation, the Russian Longitudinal Monitoring Survey, to estimate the returns to education in this ex-communist country. This is one of the first studies to tackle this classic issue in labor economics with the realistic expectation...

We compare changes in schooling output and in schooling input of six East Asian countries to derive a measure of productivity change. Our results question the impression that all is well with education in East Asia. First, we find that the cognitive achievement of pupils did not change...

A review of the measures of the stock of human capital used in empirical growth research reveals that human capital is mostly poorly proxied. The simple use of the most common proxy, average years of schooling of the working-age population, misspecifies the relationship between education and the...

<titre traitementparticulier="non">Abstract</titre> This paper aims at explaining why countries with comparable levels of education still experience notable differences in terms of R&D and innovation. High-skilled migration, ultimately linked to differences in R&D costs, might be responsible for the persistence of such a gap. In fact, in...

This paper provides an overview of major macroeconomic and social indicators and policy changes in Ecuador over the two and a half years since President Rafael Correa took office in January 2007, including economic growth, social spending, fiscal policy, inflation, foreign debt, the trade...

We analyse the evolution of Private Consumption on Health, having into account that there are substitution effects between public and private expenditure in OECD countries. From the analysis of the evolution of these variables our main conclusion is that the increase of expenditure on Health,...

This paper presents a general view of economic growth and the evolution of education and population in North America, Central America and South America, including a comparison of production by inhabitant in Agriculture, Industry and Services, and foreign trade. The leadership of USA and Canada...

We compare the economic development of Asia-Pacific countries in the 20th century with world average, and analyse the evolution of education, fertility, population and economic growth in Asia-Pacific countries at the end of the 20th century, showing that, after centuries of slow economic...

The paper presents a general view of the educational level of population and its relation to economic development in African countries. We present a comparative view of production by sector and by inhabitant, external trade, years of schooling and fertility rates, by country and by large areas,...