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The transaction costs perspective on standards as a source of trade and productivity growth

Butter, Frank A. G. den; Groot, Stefan P. T.; Lazrak, Faroek - 2007

This paper discusses the design, implementation and use of standards from the perspective of transaction costs economics. A proper design and implementation of standards may lead to a considerable reduction of transaction costs, which enhances trade and, consequently, economic welfare. A major...

Persistent link: https://www.econbiz.de/10011373830

Strong ties in a small world

Leij, Marco van der; Goyal, Sanjeev - 2006

In this paper we test the celebrated `Strength of weak ties' theory of Granovetter (1973). We test two hypotheses on the network structure in a data set of collaborating economists. While we find support for the hypothesis of transitivity of strong ties, we reject the hypothesis that weak ties...

Persistent link: https://www.econbiz.de/10011348344

Measurement error in education and growth regressions

Portela, Miguel; Alessie, Rob; Teulings, Coen N. - 2005

The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …

Persistent link: https://www.econbiz.de/10011335189

A theory of socioeconomic disparities in health over the life cycle

Galama, Titus J.; Van Kippersluis, Hans - 2010

Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a suffciently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. We present a life-cycle model that...

Persistent link: https://www.econbiz.de/10011381036

The effect of skill level on the timing of childbearing and number of children

Alders, Peter - 1998

Persistent link: https://www.econbiz.de/10000997546

School choice and competition

Dijkgraaf, Elbert; Geest, Stephanie van der; Gradus, Raymond - 2008

the leading principle of the Dutch education system since the beginning of the 20th century. Based on panel data for the … Netherlands we show that there is a relation between competition and student achievement in upper secondary education, but that it …

Persistent link: https://www.econbiz.de/10011377312

Education and entrepreneurial choice : an instrumental variables analysis

Block, Jörn; Hoogerheide, Lennart; Thurik, Adriaan R. - 2010 - Current version: November 2010

Education is argued to be an important driver of the decision to start a business. The measurement of its influence … US. Theeffect of education on the decision to become self-employed is found to be strongly positive,much higher than the … estimated effect in case no instrumental variables are used. That is, thehigher the respondent's level of education, the greater …

Persistent link: https://www.econbiz.de/10011379198

Are education subsidies an efficient redistributive device?

Dur, Robert A. J.; Teulings, Coen N. - 2003

We argue that promoting education may be a means to reduceincome inequality. When workers of different skill levels … areimperfect substitutes in production, an increase in the level ofhuman capital in the economy reduces the return to education … atrade-off between the distortions of taxes on effort and the distortionsof education subsidies on the investment in human …

Persistent link: https://www.econbiz.de/10011333262

A theory of socioeconomic disparities in health over the life cycle

Galama, Titus J.; Kippersluis, Hans van - 2010

Persistent link: https://www.econbiz.de/10008654181

Human capital formation : the importance of endogenous longevity

Galama, Titus J.; Van Kippersluis, Hans - 2022

We present a theory of human capital, with its two most essential components, health capital and, what we term, skill capital, endogenously determined within the model. Using the theory, and a calibrated version of it, we uncover and highlight an important economic mechanism driving...

Persistent link: https://www.econbiz.de/10013172987