Educated Unemployed, Educational Subsidies and Growth

Recruiting long-term unemployed: lessons from wage subsidies

Economic Growth and Highly Educated Manpower Requirements in Iran

The quantitative relationship between higher education and economic growth in the tradition of “growth accounting equations” and also “neoclassical production function” approach have occupied a pride of place in economics of education, particularly the literature on more developed countries. However, production function type models that allow for isolating the “indirect” (external) effects of h...

Do Targeted Hiring Subsidies and Profiling Techniques for Long-term Unemployed Reduce Unemployment?

To reduce equilibrium unemployment targeted hiring subsidies and profiling techniques for long-term unemployed are often recommended. To analyze the effects of these two instruments, our model combines two search methods: the public employment service and random search, jobseekers choose between an active and a passive search strategy, while labour market policy has two options available. First...

R&D Subsidies and Economic Growth

This paper presents an endogenous growth model in which some firms devote resources to developing higher quality products (innovative R&D) and other firms devote resources to copying these products (imitative R&D). Although consumers benefit from the knowledge created by both types of R&D activities, only innovative R&D subsidies lead to faster economic growth and imitative R&D subsidies actual...

Educational Corruption and Growth

Educational corruption is a worldwide phenomenon yet its impact on economic growth is unclear. In this paper we formulate a macroeconomic model to explore the impact educational corruption may have on growth, educational attainment, and the education wage premium. We find that our model can produce a negative relationship between economic growth and educational corruption as well as a positive ...