Scandinavian Working Papers in Economics

Nationaløkonomisk tidsskrift,
Nationaløkonomisk Forening

Den makroøkonomiske effekt af øget uddannelse i Danmark

2016, Volume 2016, issue 1, pp. 24

Grane H. Høegh ()
Additional contact information
Grane H. Høegh: DREAM, Postal: Landgreven 4, 7. sal, 1301 København K, Denmark

Abstract: On the basis of a CGE-model calibrated on danish data the returns to education is examined. The main focus is on evaluating the Rybczynski effects on the Danish economy. If strong Rybczynski effects are present you can simply sum up microestimates of returns to education and use them to make macroeconomic evaluations. The result is unambigously that there are only small Rybczynski effects in the Danish economy. The low demand elasticities for sectors with highly educated workers are driving this result. The lack of strong Rybczynski effects makes it essential to evaluate educational effects in a macroeconomic set up. In this macroeconomic set up it is essential to include a reasonable forecast of skill bias in the technological change as it seems to have had a main influence on the demand for more highly educated labour in the last decades.

Keywords: Education demand; Aggregate human capital

JEL-codes: E24; I21

Language: Danish

Full text files

2016_1_4.pdf PDF-file Full text

Download statistics

Questions (including download problems) about the papers in this series should be directed to Lasse Wolsgård ()
Report other problems with accessing this service to Sune Karlsson ().

This page generated on 2024-03-20 23:25:50.