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Long-run substitutability between more and less educated workers: Evidence from U.S. States 1950-1990
Ciccone, Antonio; Peri, Giovanni - Department of Economics and Business, Universitat … - 2004
We estimate the aggregate long-run elasticity of substitution between more and less educated workers (the slope of the demand curve for more relative to less educated workers) at the US state level. Our data come from the (five)1950-1990 decennial censuses. Our empirical approach allows for...
Persistent link: https://www.econbiz.de/10005772331
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Clusters of entrepreneurship
Glaeser, Edward L.; Kerr, William R.; Ponzetto, Giacomo … - Department of Economics and Business, Universitat … - 2009
Employment growth is strongly predicted by smaller average establishment size, both across cities and across industries within cities, but there is little consensus on why this relationship exists. Traditional economic explanations emphasize factors that reduce entry costs or raise...
Persistent link: https://www.econbiz.de/10010630739
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Externalities and interdependent growth: Theory and evidence
Ciccone, Antonio - Department of Economics and Business, Universitat … - 1996
I formulate and estimate a model of externalities within countries and technological interdependence across countries. I find that external returns to scale to physical capital within countries are 8 percent; that a 10 percent increase of total factor productivity of a country's neighbors raises...
Persistent link: https://www.econbiz.de/10005772058
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Falling real wages during an industrial revolution
Ciccone, Antonio - Department of Economics and Business, Universitat … - 1996
The Industrial Revolution was characterized by technological progress and an increasing capital intensity. Why did real wages stagnate or fall in the beginning? I answer this question by modeling the Industrial Revolution as the introduction of a relatively more capital intensive production...
Persistent link: https://www.econbiz.de/10005772247
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Civil conflict and human capital accumulation: The long-term effects of political violence in Perú
León, Gianmarco - Department of Economics and Business, Universitat … - 2012
years of education as an adult. In the short-term, the effects are stronger than in the long-run; these results hold when …
Persistent link: https://www.econbiz.de/10010571365
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On the cultural transmission of corruption
Hauk, Esther; Sáez, Maria - Department of Economics and Business, Universitat … - 1999
corruption. The driving force in the equilibrium selection process is the education effort exerted by parents which depends on … interventions which via parents' efforts have long-lasting effects on corruption and show the success of intensive education …
Persistent link: https://www.econbiz.de/10005772054
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Are changes in education important for the wage premium and unemployment?
Morató, Xavier Cuadras; Planas, Xavier Mateos - Department of Economics and Business, Universitat … - 2003
A generalized rise in unemployment rates for both college and high-school graduates, a widening education wage premium …, and a sharp increase in college education participation are characteristic features of the transformations of the U … education is endogenously determined. Second, calibrated versions of the model are used to study quantitatively whether either a …
Persistent link: https://www.econbiz.de/10005772255
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The survival of the welfare state
Hassler, John; Mora, José V. Rodríguez; Storesletten, … - Department of Economics and Business, Universitat … - 2001
This paper provides an analytical characterization of Markov perfect equilibria in a politico-economic model with repeated voting, where agents vote over distortionary income redistribution. The key feature of the theory is that the future constituency of redistributive policies depends...
Persistent link: https://www.econbiz.de/10005772313
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Credible redistributive policies and migration across US States
Armenter, Roc; Ortega, Francesc - Department of Economics and Business, Universitat … - 2007
Does worker mobility undermine governments ability to redistribute income? This paper analyzes the experience of US states in the recent decades. We build a tractable model where both migration decisions and redistribution policies are endogenous. We calibrate the model to match skill premium...
Persistent link: https://www.econbiz.de/10005772377
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Children's work in Spanish textiles during the 19th and 20th Centuries
Camps, Enriqueta - Department of Economics and Business, Universitat … - 2008
This essay deals with the reasons explaining children’s work in 19th century textile factories and their removal during the first part of the 20th century. The inadequacy of the structure of incomes and expenditures of the household and the very low economic incentives to educate children can...
Persistent link: https://www.econbiz.de/10005772402