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Essays on Human Capital, Inequality and Growth.
Record Type:
Electronic resources : Monograph/item
Title/Author:
Essays on Human Capital, Inequality and Growth./
Author:
Long, Blair.
Description:
1 online resource (180 pages)
Notes:
Source: Dissertations Abstracts International, Volume: 83-11, Section: A.
Contained By:
Dissertations Abstracts International83-11A.
Subject:
Academic achievement. -
Online resource:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=29101658click for full text (PQDT)
ISBN:
9798426886964
Essays on Human Capital, Inequality and Growth.
Long, Blair.
Essays on Human Capital, Inequality and Growth.
- 1 online resource (180 pages)
Source: Dissertations Abstracts International, Volume: 83-11, Section: A.
Thesis (Ph.D.)--Queen's University (Canada), 2022.
Includes bibliographical references
The first chapter studies heterogeneity in rates of college noncompletion in the United States. College noncompletion rates exhibit considerable heterogeneity along the lines of student ability and family resources. I study the origins of this heterogeneity in college noncompletion risk and its implications for productivity and the distribution of human capital. In general, we should expect noncompletion rates to rise as education subsidies become more generous. This occurs because 1) as subsidies become more generous, the average ability of enrollees falls, and 2) resulting lower skill premia drive noncompletion decisions by marginal students. Policy experiments show that although subsidy expansion increases human capital attainment, it is dominated by a merit-based subsidy. My findings suggest that the "crisis" of college noncompletion could be addressed with policies that affect students' work-study decisions.The second chapter studies the contribution of housing to the evolution of wealth and inequality in Canada during the recent housing boom. Combining data on household assets and quality-adjusted house prices with a portfolio share model, we estimate housing demand, mortgage demand and net worth in the absence of a housing boom. Increased wealth from the housing boom for low-earning and young households has been driven by an increase in the quantity of housing they own, whereas appreciation has been more important for older, affluent households. These effects vary considerably across cities. We also find that the housing boom in Canada has mitigated both wealth inequality and inequality of owneroccupied housing between high and low income households, as well as young, middle-aged, and older households.The third chapter studies the comparative development of settlements in Newfoundland, Canada after the incorporation of local governments, beginning in the 1950s. Earlier settlements, from the period of Admiralty Rule, were established with essentially no state, whereas later settlements, from the Dominion of Newfoundland, were established with only a centralized government. My results suggest that earlier settlements declined less slowly after incorporating local governments compared to more recent ones. I attribute this result to the lack of a state in early settlements crowding in the social capital that supports long-run institutional development.
Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2023
Mode of access: World Wide Web
ISBN: 9798426886964Subjects--Topical Terms:
541708
Academic achievement.
Index Terms--Genre/Form:
542853
Electronic books.
Essays on Human Capital, Inequality and Growth.
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Source: Dissertations Abstracts International, Volume: 83-11, Section: A.
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Advisor: Keay, Ian.
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Thesis (Ph.D.)--Queen's University (Canada), 2022.
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Includes bibliographical references
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The first chapter studies heterogeneity in rates of college noncompletion in the United States. College noncompletion rates exhibit considerable heterogeneity along the lines of student ability and family resources. I study the origins of this heterogeneity in college noncompletion risk and its implications for productivity and the distribution of human capital. In general, we should expect noncompletion rates to rise as education subsidies become more generous. This occurs because 1) as subsidies become more generous, the average ability of enrollees falls, and 2) resulting lower skill premia drive noncompletion decisions by marginal students. Policy experiments show that although subsidy expansion increases human capital attainment, it is dominated by a merit-based subsidy. My findings suggest that the "crisis" of college noncompletion could be addressed with policies that affect students' work-study decisions.The second chapter studies the contribution of housing to the evolution of wealth and inequality in Canada during the recent housing boom. Combining data on household assets and quality-adjusted house prices with a portfolio share model, we estimate housing demand, mortgage demand and net worth in the absence of a housing boom. Increased wealth from the housing boom for low-earning and young households has been driven by an increase in the quantity of housing they own, whereas appreciation has been more important for older, affluent households. These effects vary considerably across cities. We also find that the housing boom in Canada has mitigated both wealth inequality and inequality of owneroccupied housing between high and low income households, as well as young, middle-aged, and older households.The third chapter studies the comparative development of settlements in Newfoundland, Canada after the incorporation of local governments, beginning in the 1950s. Earlier settlements, from the period of Admiralty Rule, were established with essentially no state, whereas later settlements, from the Dominion of Newfoundland, were established with only a centralized government. My results suggest that earlier settlements declined less slowly after incorporating local governments compared to more recent ones. I attribute this result to the lack of a state in early settlements crowding in the social capital that supports long-run institutional development.
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Ann Arbor, Mich. :
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ProQuest,
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2023
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Mode of access: World Wide Web
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Academic achievement.
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http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=29101658
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click for full text (PQDT)
based on 0 review(s)
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