Endogenous human capital accumulation. Medical search. Frequent questions

In this study, we develop a semi-endogenous-growth version of the quality-ladder model with endogenous fertility and human-capital accumulation to analyze an unexplored interaction between intellectual property rights, endogenous fertility and economic growth. (uni-muenchen.de)
Fertility choice and semi-endogenous growth: Where Becker meets Jones. (uni-muenchen.de)
Accounting for trends in productivity and R&D: A Schumpeterian critique of semi-endogenous growth theory. (uni-muenchen.de)

It employs a blend of historical, neoclassical, Kaldorian, and endogenous growth frameworks to shed further light on the growth process. (e-elgar.com)
In a neoclassical growth model with endogenous human capital accumulation a la Ben Porath (1967) and capital-skill complementarity a la Grossman et al. (harvard.edu)
The course starts with the neoclassical growth model that focuses on savings, investment and capital accumulation. (lu.se)

While in Solow-Swan model human capital is constant which leads to no transitional dynamics, Lucas measures total capital as the ratio of physical to human capital, not as a sum. (wikipedia.org)
Miquel Faig, "A Simple Economy with Human Capital Accumulation: Transitional Dynamics, Technology Shocks, and Fiscal Policies", Journal of Macroeconomics 17 (3) (1995), 421-446. (utoronto.ca)

The Uzawa-Lucas model is part of endogenous growth theory. (wikipedia.org)
This thesis consists of three self-contained papers in theoretical and computational macroeconomics and growth theory with income inequality and human capital accumulation as common themes. (lu.se)
The overlapping generations model based on the endogenous growth theory, incorporating human capital stock has been developed and some simulations under the alternative population growth patterns and some sensitivity analyses, with respect to some key parameters have been conducted. (elsevierpure.com)

Specifically, we construct a life cycle model that features some key determinants of wages--most notably, human capital accumulation and idiosyncratic shocks. (federalreserve.gov)
Physical health capital determines survival probabilities, whereas preventive health capital governs the endogenous distribution of shocks to physical health capital, thereby controlling the life expectancy. (stlouisfed.org)

We expand the model presented by Galor and Zeira (1993) to represent the fact that the economy benefits from endogenous technological progress and that the government provides financial aid to reduce the financial hurdles for human capital accumulation. (uni-muenchen.de)
The Uzawa-Lucas model is an economic model that explains long-term economic growth as consequence of human capital accumulation. (wikipedia.org)
Developed by Robert Lucas, Jr., building upon initial contributions by Hirofumi Uzawa, it extends the AK model by a two-sector setup, in which physical and human capital are produced by different technologies. (wikipedia.org)
The Uzawa-Lucas Endogenous Growth Model. (wikipedia.org)
We define and characterize social capital in a simple growth model. (socialcapitalgateway.org)
We model in an endogenous growth set-up the hypotheses that the expansion of market activities. (socialcapitalgateway.org)
To evaluate gains in human capital accumulation from reduction in remittance prices, this study constructs a general equilibrium model in which the choices to invest in human capital and to migrate are endogenous. (utrgv.edu)
The model is calibrated for a group of eight African economies which offer student loans, and the effect on human capital accumulation of decreasing the remittance price to the level recommended by the United Nations (3%) is numerically derived. (utrgv.edu)
Family policies: What does the standard endogenous fertility model tell us? (repec.org)
In this paper, we study the continuous time Uzawa-Lucas growth model with physical and human capital accumulation, and study the relationship between economic growth and wealth inequality. (go.jp)
The paper develops a model for endogenous income inequality that fits US evidence while comparing popular income processes. (lu.se)
The model predicts that labor immiseration -- i.e. full automation of the economy -- is inevitable unless learning efficiency is improved through capital taxation. (lu.se)
I introduce endogenous human-capital accumulation into an infinite-horizon version of Chari and Hopenhaynʼs (1991) vintage-human-capital model. (uc3m.es)
This paper intends to contribute to such literature by investigating how we can modify the well-known information stickiness macro model, through the introduction of a couple of reasonable new assumptions, in order to trigger the emergence of endogenous fluctuations. (degruyter.com)
To analyze this question, we develop an R&D-based growth model with endogenous fertility. (uni-muenchen.de)
Dynamic analysis of patent policy in an endogenous growth model. (uni-muenchen.de)
The theory is a frictional equilibrium model of the labor market in which production and the accumulation of human capital of an individual are allowed to depend on the human capital of coworkers. (aeaweb.org)
A dynamic life-cycle model of endogenous marriage and labor supply decisions in a collective framework is formulated and structurally estimated. (nlsinfo.org)
Using NLSY79, we formulate and structurally estimate a dynamic life-cycle model of endogenous marriage and labor supply decisions in a collective framework. (nlsinfo.org)
To account for these facts, I develop and estimate a life-cycle model of two types of health capital: physical and preventive. (stlouisfed.org)
Then, the model and analysis is extended to include technology, research and development, education, human capital and infrastructure. (lu.se)

Economic growth, technological progress and social capital: the inverted U hypothesis. (socialcapitalgateway.org)
Endogenous Growth: The Evolution of Technological Progress 4. (e-elgar.com)
Studies have shown that the effects of human capital that received higher education, on individual performance, total productivity, technological progress, economic growth, and international trade, are significantly greater than the human capital which received secondary education and basic education [ 14 - 18 ]. (hindawi.com)
2017), the steady-state labor share is positively correlated with the rates of capital-augmenting and labor-augmenting technological progress. (harvard.edu)
We find that strengthening patent protection has a surprisingly negative effect on technological progress in the long run through endogenous fertility. (uni-muenchen.de)

Miquel Faig and Pauline Shum, "Irreversible Investment and Endogenous Financing: An Evaluation of the Corporate Tax Effects", Journal of Monetary Economics 43 (1) (1999), 143-171. (utoronto.ca)

Progressive taxation compresses the (after-tax) wage structure, thereby distorting the incentives to accumulate human capital, in turn reducing the cross-sectional dispersion of (before-tax) wages. (federalreserve.gov)
Workers run through cycles of human-capital accumulation: their wages rise as they accumulate skill, undergo downward pressure as the technology ages, and finally drop sharply when the worker switches to a new technology. (uc3m.es)

Dynamic Modelling of Long-Term Care Decisions ," Working Papers 2012-019, Human Capital and Economic Opportunity Working Group. (repec.org)
Efficiency with endogenous population growth ," Working Papers 630, Federal Reserve Bank of Minneapolis. (repec.org)

Lucas approaches in a series of papers published in the 1970s were a challenge to the classic principles of Keynesian economics when he suggested an amassed version of microeconomics models and then emphasized on human capital accumulation. (wikipedia.org)
Efficiency with Endogenous Population Growth ," Discussion Papers 05-012, Stanford Institute for Economic Policy Research. (repec.org)

Empirical studies show that the relationship between social capital and economic performance is. (socialcapitalgateway.org)
Social capital and growth in European regions: an empirical test. (socialcapitalgateway.org)
Social capital and human development: an empirical investigation across European countries. (socialcapitalgateway.org)
In this paper, we offer an empirical investigation of the relationship between social capital and. (socialcapitalgateway.org)
The researcher interprets these empirical results by developing a theory of lifetime skill accumulation in a frictional labor market. (nber.org)
2 The purpose of growth accounting is to determine from the empirical data how much of the change in real output between say t = 0 and t = 1 can be attributed to changes in the inputs, capital and labor, and technology, respectively. (nationalacademies.org)

Returns to skill and tenure premia are highest in young vintages, where skill is scarcest and agents accumulate human capital fastest. (uc3m.es)

The framework incorporates both endogenous accumulation of human capital on the job and elements of a job ladder with workers moving from job to job in search of the ideal fit for their skills. (nber.org)
The third paper develops a task-based framework which incorporates decisions on human capital investment based on the concepts of the psychometric literature on skill formation. (lu.se)

Yet, the technical efficiency of creative human capital and its effects are still under research. (hindawi.com)
The research results indicate that, in this period, the entirety of creative human capital in China and the technical efficiency value in different regions and different provinces is still in the low level and could be promoted. (hindawi.com)
The expansion of the scale of education, development of healthy environment, growth of GDP, development of skill training, and population migration could reduce the input of creative human capital and promote the technical efficiency, while development of trade and institutional change, on the contrary, would block the input of creative human capital and the promotion the technical efficiency. (hindawi.com)
We show that the increase in efficiency in human capital accumulation raises economic growth, and further equalizes wealth distribution. (go.jp)

Human capital accumulation is deterministic, but investment in physical capital is subject to the idiosyncratic risk. (go.jp)
Miquel Faig, "Money with Idiosyncratic Uninsurable Returns to Capital", Journal of Economic Theory 94 (2000), 218-240. (utoronto.ca)

Miquel Faig, "Time Consistency, Capital Mobility and Debt Restructuring in a Small Open Economy", Scandinavian Journal of Economics 93 (1991), 447-455. (utoronto.ca)

Effciency with Endogenous Population Growth ," Levine's Working Paper Archive 666156000000000310, David K. Levine. (repec.org)

Individuals enter the economy with an initial stock of human capital and are able to accumulate more human capital over the life cycle using a Ben-Porath (1967) style technology (which essentially combines learning ability, time, and existing human capital for production). (federalreserve.gov)

Miquel Faig, " Endogenous Buyer-Seller Choice and Divisible Money in Search Equilibrium ", Journal of Economic Theory 141 (1) (2008), 184-199. (utoronto.ca)

How do social capital and government support affect innovation and growth? (socialcapitalgateway.org)
Social capital, innovation and growth: Evidence from Europe. (socialcapitalgateway.org)
This paper investigates the interplay between social capital, innovation and per capita income. (socialcapitalgateway.org)
As a "live" capital form, human capital, with its creativity and innovation, has greater value and development potential in the aspects of optimizing allocation of resources or speeding up the economic development and promoting the social progress. (hindawi.com)

Against the background of inconclusive evidence about the inequality-growth relation, this paper suggests that the level of inequality increases via the human capital channel with credit market imperfections and that this increasing inequality negatively affects economic growth. (uni-muenchen.de)
Inequality, Human Capital Formation and the Process of Development (NBER Working Paper No. 17058). (uni-muenchen.de)
From Physical to Human Capital Accumulation: Inequality and the Process of Development. (uni-muenchen.de)
Inequality, Human Capital and Development: Making the Theory Face the Facts (MPRA Paper No. 18973). (uni-muenchen.de)
We also consider a case with linear tax on risky physical capital, and show that capital tax reduces the degree of wealth inequality. (go.jp)

The results show that: (1) There is an endogenous interaction between urban digitalization and low-carbonization and that this interaction pattern is closely linked to geographical proximity. (bvsalud.org)

The Solaria Syndrome: Social Capital in a Hypertechnological Growing Economy. (socialcapitalgateway.org)
Previous researches have proved the positive effect of creative human capital and its development on the development of economy. (hindawi.com)
A lot of researches show that human capital is playing a more and more significant role in the development of national culture or society or economy or employment or income and so on [ 5 - 8 ]. (hindawi.com)

Since American economist Schultz put forward Human Capital Theory in 1960s, the Human Capital Theory and its impact on social and economic development are one of the hot research issues for specialists and scholars at home and aboard. (hindawi.com)

The third chapter proposes a novel instrument for catholic school attendance that exploits the abrupt shock to catholic schools' human capital in the aftermath of the second Vatican council. (nlsinfo.org)

The differences among education investment, health investment, and family economic income invariably tend to raise up the differences of human capital stock directly [ 12 , 13 ], while the differences of human capital will lead to the differences of their effects. (hindawi.com)
According to the differences of human capital stock, human capital can be divided into general human capital, professional human capital, and creative human capital. (hindawi.com)
The main mechanism for these results are shown to be differences in skill profiles, cross-productivity of skills and the faster accumulation rate of physical vis-à-vis human capital due to advanced skills being more difficult to master. (lu.se)
Understanding International Differences in the Skill Premium: the Role of Capital Taxes and Transfers. (kyoto-u.ac.jp)

Several attempts to justify endogenous business cycles have appeared in the literature in the last few years, involving many types of different settings. (degruyter.com)
Endogenous cycles in collateralized credit. (kyoto-u.ac.jp)

As a result, high-skill (low-skill) individuals invest in their stock of human capital beyond (below) what is optimal if the true obsolescence frequency was known to them. (lu.se)
A calibration exercise suggests that human-capital accumulation is the most important determinant of workers' wage profiles, whereas changes to the price of skill and vintage productivity gains play a smaller quantitative role. (uc3m.es)

Effects of Human Capital and International Trade on Total Factor Productivity and Economic Growth 10. (e-elgar.com)

The protection of intellectual property rights and endogenous growth: Is stronger always better? (uni-muenchen.de)

Individuals can choose to either invest in human capital on the job up to a certain fraction of their time or enroll in school where they can invest full time. (federalreserve.gov)

Estimating Family Long-Term Care Decisions in the Presence of Endogenous Child Characteristics ," Journal of Human Resources , University of Wisconsin Press, vol. 30(3), pages 551-580. (repec.org)

Enhanced human capital improves performance in school and in the labor market. (iza.org)
It is generally accepted that human capital is a reflection of the quality of labor capital, and human capital consists of economic value of knowledge, technology, ability, and healthy quality which condenses on laborers [ 1 , 2 ]. (hindawi.com)
Schultz claimed that the contribution to economic growth from the improvement of human capital such as human's knowledge or ability and health is more important than the increase of material force and the number of labor [ 9 ]. (hindawi.com)
In Labor Market Fluidity and Human Capital Accumulation (NBER Working Paper 29698 ), Niklas Engbom finds that greater labor market fluidity - more frequent job changes per worker - is associated with greater human capital accumulation as workers acquire new skills. (nber.org)
About one-third of the disparity across countries is due to workers climbing job ladders more slowly in less fluid labor markets, and another third is due to slower accumulation of skills. (nber.org)
It also permits discussing the welfare effects and trade-offs of tax reforms as individuals adjust their labor supply and human capital accumulation. (lu.se)
Enhanced capital, labor, and technical progress are the three principal sources of the economic growth of nations. (nationalacademies.org)
For example, Jorgenson, Gollop, and Fraumeni (1987, p. 21) found that between 1948 and 1979, capital formation accounted for 46 percent of the economic growth of the United States, labor growth accounted for 31 percent, and technical progress accounted for 24 percent. (nationalacademies.org)
where Y t' K t' and L t are the quantities of real aggregate output, capital and labor respectively at time t and t is an index of chronological time. (nationalacademies.org)
Only the rates of growth of real aggregate output, capital and labor can be observed. (nationalacademies.org)
The elasticities of output with respect to capital and labor must be separately estimated, often requiring additional assumptions. (nationalacademies.org)
is independent of capital and labor. (nationalacademies.org)
This thesis focuses on female labor supply, human capital and assortative mating. (nlsinfo.org)
It establishes that the link between a husband's educational attainment and a wife's labor supply decision, at the time of marriage, produces dynamic effects due to human capital accumulation and implied wage growth. (nlsinfo.org)
and (3) there is a negative correlation between the growth rate of labor being supplied and human capital. (elsevierpure.com)

Stock prices are influenced by expected future dividends and capital gains. (nobelprize.org)

It is found that reduction in remittance prices alters the decisions of households, leading in the aggregate to a decrease in interest rates, a curbing of the desire to migrate, and an increase human capital. (utrgv.edu)

Endogenous Growth without Scale Effects. (uni-muenchen.de)
We establish that the education gap at the time of marriage, produces dynamic effects due to human capital accumulation and implied wage growth. (nlsinfo.org)

First, when there exist positive externalities in the accumulation of human capital, it is optimal to subsidize education and to tax births. (repec.org)

Such cuts are unwise if participating in sports is an investment good as well as a consumption good and adds to students' human capital. (iza.org)
Firms' and households' investment in capital and saving in financial assets are then influenced by these asset prices and expected future returns, incomes, and taxes. (nobelprize.org)

Human Capital Accumulation: Education Development in Malaysia 9. (e-elgar.com)
Human capital usually has greater appreciation of space than material capital and other production factors, especially in the postindustry era and in the stage of rapid economic knowledge development. (hindawi.com)
4) Economic development, industrial structure, and human capital accumulation are vital internal drivers of the synergistic advancement of urban digitalization and low carbonization. (bvsalud.org)

This inefficiency results in low human capital individuals having too few chances to learn from more knowledgeable coworkers and, in turn, in a stock of human capital and a flow of output that are inefficiently low. (aeaweb.org)
In DRD, BH4 deficiency results in accumulation of phenylalanine. (medscape.com)

The general human capital contains social average knowledge stock and the ability of analysis, computing ability, learning ability, and adaptability, and the corresponding social role is the division of ordinary workers. (hindawi.com)
The measured human capital function is non-linear: Workers catch-up to more knowledgeable coworkers, but are not dragged-down by less knowledgeable ones. (aeaweb.org)

We study the co-evolution of social participation and social capital accumulation, taking the view. (socialcapitalgateway.org)
This study uses the generalized spatial three-stage least squares method and the spatial simultaneous equation to investigate the endogenous interactions between urban digitalization and low-carbonization. (bvsalud.org)

Generally, the formation of human capital mainly depends on the input of education, health and income, and so forth [ 10 , 11 ]. (hindawi.com)

Time spent away from academic studies diminishes the accumulation of non-cognitive skills that are valued by employers. (iza.org)
Across OECD nations, more fluid job markets are associated with greater accumulation of worker skills and faster wage growth. (nber.org)

Note that the contribution of capital depends on both the production elasticity of capital and the rate of growth of capital. (nationalacademies.org)
If the rate of growth of capital is low, then the contribution of capital will be low even with a high production elasticity of capital. (nationalacademies.org)

Anatomy28

Organisms13

Diseases8

Chemicals and Drugs37

Analytical, Diagnostic and Therapeutic Techniques and Equipment23

Psychiatry and Psychology15

Phenomena and Processes45

Disciplines and Occupations4

Anthropology, Education, Sociology and Social Phenomena31

Technology, Industry, Agriculture3

Humanities2

Information Science8

Named Groups1

Health Care60

Geographicals22

Semi-endogenous growth3

Neoclassical3

Dynamics2

Growth theory3

Shocks2

Model21

Technological5

19991

Wages2

Working Papers2

Papers2

Empirical6

Accumulate human capital1

Framework2

Efficiency4

Idiosyncratic2

Economics1

Population Growth1

19671

Equilibrium1

Innovation4

Inequality5

Interaction1

Economy3

Theory1

Chapter1

Differences4

Cycles2

Skill2

Productivity1

Intellectual1

Invest1

Journal1

Labor15

Gains1

Decisions1

Effects2

Optimal1

Investment2

Development3

Results2

Workers2

Study2

Formation1

Skills2

Production2