The farthest need the best. Human capital composition and development-specific economic growth

We provide robust and compelling evidence of the marked impact of tertiary education on the economic growth of less developed countries and of its the relatively smaller impact on the growth of developed ones. Our results argue in favor of the accumulation of high skill levels especially in technologically under-developed countries and, contrary to common wisdom, independently of the fact that these economies might initially produce lower-technology goods or perform technology imitation. Our results are robust to the different measures used in proxying human capital and to the adjustments made for cross-country differences in the quality of education. Country-specific institutional quality, as well as other indicators including legal origin, religious fractionalization and openness to trade have been used to control for the robustness of the results. These factors are also shown to speed up technology convergence thereby confirming previous empirical studies. Our estimates tackle problems of endogeneity by adopting a variety of techniques, including instrumental variables -for both panel and cross-section analyses- and the two-step efficient dynamics system GMM.

El capital relacional de los estudiantes en la universidad

Este artículo analiza el estado de la reforma de Bolonia en diferentes titulaciones de las universidades públicas catalanas de la Región Metropolitana de Barcelona, y cómo las nuevas condiciones de aprendizaje pueden afectar las relaciones sociales de los estudiantes en la universidad. La investigación identifica una tipología de estudiantes según sus relaciones universitarias, y examina la influencia de dichas relaciones en el proceso de aprendizaje. Los resultados obtenidos mediante una encuesta por cuestionario a 867 estudiantes muestran que, cuanto más variadas y frecuentes son las relaciones (lazos débiles), el estudiante obtiene mejores resultados. Mientras que cuando se trata de buscar recursos para el estudio, los estudiantes tienden a utilizar sus lazos fuertes (compañeros/as de clase o curso), y ello no tiene influencia en el rendimiento.

Transición a la vida adulta de jóvenes con discapacidad intelectual. La opinión de los profesionales de servicios escolares y postescolares = Transition to adulthood of young people with intellectual disabilities. Views of professionals from school and postschool services

La transición a la edad adulta y vida activa es un proceso extremadamente complejo para los jóvenes con discapacidad. Para plantear propuestas de actuación que mejoren sus oportunidades de conseguir objetivos relacionados con la inclusión laboral y social en la vida adulta es imprescindible el diagnóstico en profundidad del contexto en que se construyen y desarrollan los procesos de transición. En este artículo se presenta un estudio en el que se ha aplicado el método Delphi con el propósito de obtener datos sobre la adecuación de los servicios o dispositivos que trabajan con jóvenes con discapacidad a lo largo de su proceso de transición a la edad adulta y vida activa, tanto en el escenario escolar como en el postescolar. Se han constituido dos paneles de expertos, uno con profesionales del ámbito educativo y otro con profesionales que trabajan en servicios postescolares. En ambos casos, los ejes temáticos son: visión del proceso de transición, aspectos curriculares y organizativos de los servicios, existencia de itinerarios de apoyo sistematizados, trabajo colaborativo entre profesionales, acciones de orientación con familias, adecuación de las alternativas postescolares, la formación de los profesionales, y coordinación de servicios. El análisis de los cuestionarios permite constatar las principales dificultades percibidas por los expertos en cada uno de los ámbitos y establece líneas básicas de actuación para mejorar los procesos de tránsito, entre las cuales destaca la necesidad de reforzar el papel de los equipos multiprofesionales en la articulación de redes de trabajo interprofesional

¿Continuidad o fragmentación? Percepción de los profesionales sobre la coordinación entre servicios en los procesos de tránsito a la vida adulta de los jóvenes con discapacidad intelectual

This article is part of a research focusing on the process of transition to adulthood of young people with intellectual disabilities. Specifically, this study analyses transition partnership programs, as the professionals involved in them see them. The information is obtained in two stages: in the first stage 45 interviews to professionals working in this field are conducted. In the second stage we develop a study applying the Delphi method in which two panels of experts, the first one with educational professionals and the second one with professionals working with afters chool services, were asked about several topics. The results show a lack of continuity underlying the actions taken in support of young people with ID during the transition process. Insufficient information and collaboration among services and professionals and a lack of leadership are the main problems perceived by professionals. The study helps to identify problems in the transition partnership programs and establishes actions in order to enhance the transition process

La inclusión laboral y social de los jóvenes con discapacidad intelectual : el papel de la escuela = Work and social inclusion of young people with intellectual disabilities : the role of the school

The transition to adult life from the standpoint of inclusion is a complex process, especially for young people with intellectual disabilities. This article analyzes the context of transition processes showing the main relationships and differences of the different scenarios where young people with disabilities develop personal pathways that lead to adulthood. Among these scenarios, the school -the period of compulsory secondary education- plays a key role. Therefore, a specific section is devoted to developing an approach to the role of the school in the construction of bridges that facilitate social and work inclusion. Finally, it presents some major challenges that need to be faced to improve the processes of transition from an inclusive perspective

La administración de las sociedades de capital por sociedades de capital. Valorar la posible responsabilidad solidaria del representante legal-persona física de la sociedad

Aquest treball pretén desenvolupar algunes de les diferents responsabilitats en què pot incórrer el representant persona física de l'administrador persona jurídica d'una societat mercantil.

Ús del Capital Social i la Intel.ligència Competitiva per part de les Universitats en el procés d"adaptació a l"EEES

En la present comunicació s'exposen els resultats del projecte ¿Análisis de los procedimientos de interacción entorno-universidad en el proceso de adaptación e implementación de titulaciones oficiales al EEES" finançat pel Ministerio de Ciencia e Innovación, en la convocatòria d'Estudios y Anàlisis, 2008. Un dels objectius d'aquest projecte era conèixer, de forma exploratòria, quines eines havien emprat lesUniversitats per tal d'adaptar les seves titulacions al nou EEES, considerant diversosfactors. Entre aquests, l'ús del Capital Social del qual disposen les Universitats, entès tant de d¿una òptica interna com externa. A la vegada, es pretenia analitzar si la Universitat disposa de veritables eines d'Intel·ligència Competitiva per tal d'interpretar adequadament el seu entorn. D'entre diverses conclusions, s'extreu que les Universitats no aprofiten suficientment els contactes que generen amb el seu entorn per tal de potenciar la seva competitivitat i les noves titulacions adaptades a l'EEES.

Human Capital Composition and Economic Growth at a Regional Level

With this paper we build a two-region model where both innovation and imitation are performed. In particular imitation takes the form of technological spillovers that lagging regions may exploit given certain human capital conditions. We show how the high skill content of each region’s workforce (rather than the average human capital stock) is crucial to determine convergence towards the income level of the leader region and to exploit the technological spillovers coming from the frontier. The same applies to bureaucratic/institutional quality which are conductive to higher growth in the long run. We test successfully our theoretical result over Spanish regions for the period between 1960 and 1997. We exploit system GMM estimators which allow us to correctly deal with endogeneity problems and small sample bias.

Appropriate IPRs, Human Capital Composition and Economic Growth

We generalize a standard technology diffusion model by allowing for IPRs regimes to be endogenously defined by the development level of each country. Also we insert differences in the composition of human capital between North (leader) and South (followers) which shape the relative costs of innovation and imitation. Results show how an optimal growth trajectory is found for the follower country which initially imitates and that, once a "threshold development stage" is reached, optimally switches to innovation by fully enforcing IPRs achieving a higher proximity with the technology frontier in the long-run. Other scenarios, such as a premature increase in the enforcement of IPRs or a switch from imitation to innovation at early stages of development of the followers are found to be sub-optimal.

Regional economic growth and human capital: the role of overeducation

The paper analyses the link between human capital and regional economic growth in the European Union. Using different indicators of human capital calculated from census microdata, we conclude that the recent economic performance of European regions is associated to an increase in overeducation. In fact, measures of educational mismatch seem to have a stronger connection to regional economic performance than other traditional measures of human capital stocks.

Human Capital Spillovers Productivity and Regional Convergence in Spain

This paper analyses the differential impact of human capital, in terms of different levels of schooling, on regional productivity and convergence. The potential existence of geographical spillovers of human capital is also considered by applying spatial panel data techniques. The empirical analysis of Spanish provinces between 1980 and 2007 confirms the positive impact of human capital on regional productivity and convergence, but reveals no evidence of any positive geographical spillovers of human capital. In fact, in some specifications the spatial lag presented by tertiary studies has a negative effect on the variables under consideration.

Human Capital and Regional Wage Gaps

This paper uses micro-level data to analyse the effect of human capital on regional wage differentials. The results for the set of Spanish regions confirm that they differ in the endowment of human capital, but also that the return that individuals obtain from it varies sharply across regions. Regional heterogeneity in returns is especially intense in the case of education, particularly when considering its effect on the employability of individuals. These differences in endowment and, especially, in returns to human capital, account for a significant proportion of regional wage gaps.

A correlation sensitivity analysis of non-life underwriting risk in solvency capital requirement estimation

This paper analyses the impact of using different correlation assumptions between lines of business when estimating the risk-based capital reserve, the Solvency Capital Requirement -SCR-, under Solvency II regulations. A case study is presented and the SCR is calculated according to the Standard Model approach. Alternatively, the requirement is then calculated using an Internal Model based on a Monte Carlo simulation of the net underwriting result at a one-year horizon, with copulas being used to model the dependence between lines of business. To address the impact of these model assumptions on the SCR we conduct a sensitivity analysis. We examine changes in the correlation matrix between lines of business and address the choice of copulas. Drawing on aggregate historical data from the Spanish non-life insurance market between 2000 and 2009, we conclude that modifications of the correlation and dependence assumptions have a significant impact on SCR estimation.