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China's Latent Human Capital Investment: Achieving Milestones and Competing for the Top
China human capital brain drain higher education
2012/10/31
In this paper we provide an overview of China’s human capital strategy and educational achievements over the last two decades. While every one acknowledges China as an economic superpower, very few ar...
Fostering Within-Family Human Capital Investment: An Intragenerational Insurance Perspective of Social Security
human capital formation social security intragenerational insurance
2013/10/25
We develop a general equilibrium stochastic OLG model with heterogenous households. Households differ with respect to their productivity. Productivity depends stochastically on parents' unobservable i...