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The social and the private returns to education differ when education can increase productivity, and also be used to … signal productivity. We show how instrumental variables can be used to separately identify and estimate the social and … the life-cycle, is 7.2%. Thus, 70% of the private returns to education can be attributed to education raising productivity …
Persistent link: https://www.econbiz.de/10012162512
The social and the private returns to education differ when education can increase productivity, and also be used to … signal productivity. We show how instrumental variables can be used to separately identify and estimate the social and … the life-cycle, is 7.2%. Thus, 70% of the private returns to education can be attributed to education raising productivity …
Persistent link: https://www.econbiz.de/10012169372
increase productivity. One important implication of the model is that the enrolment rate to education has a negative effect on …
Persistent link: https://www.econbiz.de/10013021942
This NEUJOBS research report focuses on links between age, productivity and lifelong learning. Various data sources (EU … strongly influenced by the timing of entering and leaving labour market. An estimation of the impact of LLL on productivity …
Persistent link: https://www.econbiz.de/10010197566
This paper develops and estimates a two-factor model of intergenerational skill transmission when earnings inequality reflects differences in individual skills and other non-skill shocks. We consider heterogeneity in both initial skills and skill growth rates, allowing variation in skill growth...
Persistent link: https://www.econbiz.de/10012307642
and older/more experienced workforces; and also better-quality capital proxied by its ICT content. Economic theory …
Persistent link: https://www.econbiz.de/10012871865
productivity in the long run. …
Persistent link: https://www.econbiz.de/10012601052
Linked employer-employee data from New Zealand is used to study the relationship between a firm's productivity growth … relationship between productivity growth and hiring is compared to the predictions implied by two different channels: worker … quality and knowledge spillover. Although it is not possible to identify a causal relationship, the productivity of a worker …
Persistent link: https://www.econbiz.de/10013175598
Over the last decades, productivity in the tradable sector rose substantially, while in the non-tradable sector, output … duality in higher education as well as heterogeneous ability of individuals can explain the differences in labor productivity … can explain that despite an increase in human capital in both sectors, there is still a gap in productivity. In other …
Persistent link: https://www.econbiz.de/10011747854
The productivity-enhancing effects of digitalisation have generated increased interest in the promotion of digital … technologies. This report provides different estimations for euro area countries of the impact of digital uptake on productivity at … firm level, showing that the adoption of digital technologies could lead to an increase in firms' productivity in the …
Persistent link: https://www.econbiz.de/10014479720