Social Capital, Endogenous Labor Supply, and Economic Development
نویسندگان
چکیده
منابع مشابه
Ageing, Human Capital and Demographic Dividends with Endogenous Growth, Labor Supply and Foreign Capital
We modify a Lucas-type endogenous growth model to contain endogenous labour supply, imperfect international capital movements, and estimated interest and education time functions. Solutions based on realistic calibrations show that (i) the rate of human capital depreciation through ageing has a much stronger negative impact on growth than further changes in the population growth rate or the Fri...
متن کاملSocial Capital, Economic Growth and Regional Development
SRIYA IYER*, MICHAEL KITSON† and BERNARD TOH‡ *Faculty of Economics and St Catharine’s College, University of Cambridge, Cambridge CB3 9DD, UK. Email: [email protected] †Judge Business School and St Catharine’s College, University of Cambridge, Cambridge CB2 1AG, UK. Email: [email protected] ‡Department of Economics, University of Warwick, Coventry CV4 7AL, UK. Email: bernard.toh@g...
متن کاملTrust, Social Capital and Economic Development∗†
Many argue that elements of a society’s norms, culture or social capital are central to understanding its development. However, these notions have been difficult to capture in economic models. Here we explore a possible role for ‘trustworthiness’ as corresponding to social capital. Individuals are trustworthy when they perform in accordance with promises, even if this does not maximize their pa...
متن کاملLifetime Labor Supply and Human Capital Investment
We develop a model of retirement and human capital investment to study the effects of tax and retirement policies. Workers choose the supply of raw labor (career length) and also the human capital embodied in their labor. Our model explains a significant fraction of the US-Europe difference in schooling and retirement. The model predicts that reforms of the European retirement policies modeled ...
متن کاملIntertemporal Labor Supply and Human Capital Accumulation ∗
We solve and estimate a dynamic model that allows agents to optimally choose their labor hours and consumption and that allows for both human capital accumulation and savings. Estimation results and simulation exercises indicate that the intertemporal elasticity of substitution is much higher than the conventional estimates and the downward bias comes from the omission of the human capital accu...
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ژورنال
عنوان ژورنال: Asian Journal of Social Sciences and Management Studies
سال: 2020
ISSN: 2518-0096,2313-7401
DOI: 10.20448/journal.500.2020.71.25.33