In this paper, human capital investments are evaluated by assuming heterogeneous returns to schooling. We use the potential outcome approach to measure the causal effect of human capital investments on…
In this chapter (written for the forthcoming "Handbook of CGE Modeling", edited by P. Dixon and D. Jorgenson), we review options of labour market modelling in the framework of numerical general equilibrium…
Using experimental data of children and their mothers, this paper explores the intergenerational relationship of impatience. The child’s impatience stems from a delay of gratification experiment. Mother’s…
Regional economic prospects to some extent seem to hinge on the region’s human capital endowment and, thus, its ability to attract skilled labour. For any related policy, it is thus important to better…