Showing 21 - 30 of 289
This paper empirically investigates the long-run effects of major health improvements on income growth in the United States. To isolate exogenous changes in health, the econometric model uses quasi-experimental variation in cardiovascular disease mortality across states over time. The results...
Persistent link: https://www.econbiz.de/10012124859
conducive business regulations amplify the positive impact on firm creation of better education and reduced skill mismatches. To … escape a low-productivity trap, policymakers should thus create a pro-business framework and a wellfunctioning education …
Persistent link: https://www.econbiz.de/10011646808
effect of education on emigration intentions. Our IV estimates indicate that an additional year of schooling increases the … effect of education on emigration intentions does not operate through financial dissatisfaction but rather through …
Persistent link: https://www.econbiz.de/10012029159
Using new long-run microdata, this paper studies wealth and income trends of college and noncollege households in the United States since 1956. We document the emergence of a substantial college wealth premium since the 1980s, which is considerably larger than the college income premium. Over...
Persistent link: https://www.econbiz.de/10012031017
public goods. We examine how health insurance coverage affects the education of students with Autism Spectrum Disorder (ASD … little change in ASD identification, the mandate crowds-out special education supports for students with ASD by shifting …
Persistent link: https://www.econbiz.de/10012104030
We present a theory explaining the impact of ability tracking on academic performance based on grading policies. Our model distinguishes between initial ability, which is mainly determined by parental background, and eagerness to extend knowledge. We show that achievements of low ability...
Persistent link: https://www.econbiz.de/10012105595
We propose an innovation-driven growth model in which education is determined by family background and cognitive … ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers …, compulsory education is implemented first and triggers the onset of market R&D. According to the British way, market R&D is …
Persistent link: https://www.econbiz.de/10011392484
This paper proposes and analyzes a model of a European economy with three overlapping generations, redistributive social security, and public universities without tuition. Individuals differ ex ante. The effect of wage tax rate on occupational choice and the voting equilibrium of wage tax rate...
Persistent link: https://www.econbiz.de/10011398016
While the effect of social security systems on retirement decisions has received much attention, the impact of these systems on individuals incentives to invest in their human capital has not been analyzed. We integrate human capital investment and retirement decisions in a simple analytical...
Persistent link: https://www.econbiz.de/10011398074
for both the public pay-as-you-go pension scheme and the public education system. Without labor mobility, each generation … a popular belief that increasing labor mobility decreases the incentives to finance the education of the subsequent …
Persistent link: https://www.econbiz.de/10011398123