Human Capital, Division of Labour and Competitiveness

Human Capital Accumulation and Labour Market Equilibrium

Human Capital Accumulation and Labour Market Equilibrium We analyse an equilibrium labour market with on-the-job search and experience effects (where workers learn-by-doing). The analysis yields a standard Mincer wage equation with worker fixed effects and endogenously determined firm fixed effects. It shows that learningby-doing increases equilibrium wage dispersion consistent with the data. E...

Social Capital and Systemic Competitiveness

FEMALE LABOUR SUPPLY , HUMAN CAPITAL AND WELFARE REFORM Richard

We consider the impact of Tax credits and income support programs on female education choice, employment, hours and human capital accumulation over the life-cycle. We thus analyze both the short run incentive effects and the longer run implications of such programs. By allowing for risk aversion and savings we are also able to quantify the insurance value of alternative programs. We find import...

Female Labour Supply, Human Capital and Welfare Reform

Female Labour Supply, Human Capital and Welfare Reform We consider the impact of tax credits and income support programs on female education choice, employment, hours and human capital accumulation over the life-cycle. We analyze both the short run incentive effects and the longer run implications of such programs. By allowing for risk aversion and savings, we quantify the insurance value of al...

Cooperation and the Division of Labour

Cooperation is vital for maintaining the integrity of complex life forms. In many cases in nature cooperation manifests itself through constituent parts performing different, but complementary, functions. The vast majority of studies on the evolution of cooperation, however, look only at the special case in which cooperation manifests itself via the constituent parts performing identical tasks....