scholarly journals Deficiency in Investment in Early Education: The Second-Best Optimal Levels of Investment in Later Education and Human Capital

2014 ◽  
Vol 10 (18) ◽  
Author(s):  
Phung Xuan Nha ◽  
Pham Xuan Hoan
Keyword(s):  
Human Capital ◽  
Early Education ◽  
Second Best

Pensions, fertility, and education

2008 ◽  
Vol 9 (1) ◽  
pp. 75-93 ◽  
Author(s):  
VOLKER MEIER ◽  
MATTHIAS WREDE
Keyword(s):  
Human Capital ◽  
Pension Scheme ◽  
Second Best ◽  
Child Benefits ◽  
Positive Externalities

AbstractA pay-as-you-go pension scheme is associated with positive externalities of having children and providing them with human capital. In a framework with heterogeneity in productivity, and stochastic and endogenous investment in fertility and education, we discuss internalization policies associated with child benefits in the pension formula. The second-best scheme displays both a benefit contingent on the contributions of children and a purely fertility-related component.

Financiers versus Engineers: Should the Financial Sector be Taxed or Subsidized?

2010 ◽  
Vol 2 (3) ◽  
pp. 158-182 ◽  
Author(s):  
Thomas Philippon
Keyword(s):  
Human Capital ◽  
Financial Constraints ◽  
Career Choices ◽  
Physical Capital ◽  
Financial Sector ◽  
Scientific Education ◽  
Production Externalities ◽  
Second Best ◽  
Positive Externalities

I study the allocation of human capital in an economy with production externalities, financial constraints, and career choices. Agents choose to become entrepreneurs, workers, or financiers. Entrepreneurship has positive externalities but requires the services of financiers. In the second best solution, the financial sector should be taxed in exactly the same way as the nonfinancial sector. When direct subsidies to investment and scientific education are not feasible, subsidizing the financial sector increases growth if externalities are driven by physical capital as in Paul M. Romer (1986), and decreases growth if externalities are driven by human capital as in Robert E. Lucas, Jr. (1988). (JEL E44, H21, H25, L26, O41)

Human Capital

2007 ◽  
Author(s):  
R. Rajaram
Keyword(s):  
Human Capital

Working With Interpreters to Support Students Who Are English Language Learners

2016 ◽  
Vol 1 (16) ◽  
pp. 15-27 ◽  
Author(s):  
Henriette W. Langdon ◽  
Terry Irvine Saenz
Keyword(s):  
United States ◽  
English Language Learners ◽  
Language Learners ◽  
English Language ◽  
First Language ◽  
The United States ◽  
The Other ◽  
Primary Language ◽  
Second Best ◽  
Support Students

The number of English Language Learners (ELL) is increasing in all regions of the United States. Although the majority (71%) speak Spanish as their first language, the other 29% may speak one of as many as 100 or more different languages. In spite of an increasing number of speech-language pathologists (SLPs) who can provide bilingual services, the likelihood of a match between a given student's primary language and an SLP's is rather minimal. The second best option is to work with a trained language interpreter in the student's language. However, very frequently, this interpreter may be bilingual but not trained to do the job.

Human Capital

1979 ◽  
Author(s):  
Roger P. Bartlett
Keyword(s):  
Human Capital
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