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Labor Market Effects of Short-Cycle Higher Education Programs : Lessons from Colombia

Ferreira, María M.; Galindo, Camila; Urzua, Sergio - National Bureau of Economic Research - 2022

This paper estimates the heterogeneous labor market effects of enrolling in higher education short-cycle (SC) programs. Expanding access to these programs might affect the behavior of some students (compliers) in two margins: the expansion margin (students who would not have enrolled in higher...

Persistent link: https://www.econbiz.de/10013334396

Cognitive Endurance as Human Capital

Brown, Christina L.; Kaur, Supreet; Kingdon, Geeta Gandhi; … - National Bureau of Economic Research - 2022

Schooling may build human capital not only by teaching academic skills, but by expanding the capacity for cognition itself. We focus specifically on cognitive endurance: the ability to sustain effortful mental activity over a continuous stretch of time. As motivation, we document that globally...

Persistent link: https://www.econbiz.de/10013334352

The Labor Market Impacts of Technological Change : From Unbridled Enthusiasm to Qualified Optimism to Vast Uncertainty

Autor, David H. - National Bureau of Economic Research - 2022

This review considers the evolution of economic thinking on the relationship between digital technology and inequality across four decades, encompassing four related but intellectually distinct paradigms, which I refer to as the education race, the task polarization model, the...

Persistent link: https://www.econbiz.de/10013210102

Measuring Human Capital

Abraham, Katharine G.; Mallatt, Justine - National Bureau of Economic Research - 2022

There are many reasons to want measures of countries' investments in human capital and especially their investments in formal education. We review the existing literature on the measurement of human capital. Broadly speaking, economists have proposed three approaches to the measurement of human...

Persistent link: https://www.econbiz.de/10013334355

Four Facts about Human Capital

Deming, David J. - National Bureau of Economic Research - 2022

This paper synthesizes what economists have learned about human capital since Becker (1962) into four stylized facts. First, human capital explains at least one-third of the variation in labor earnings within countries and at least half of the variation across countries. Second, human capital...

Persistent link: https://www.econbiz.de/10013334368

On the Role of Learning, Human Capital, and Performance Incentives for Wages

Camargo, Braz; Lange, Fabian; Pastorino, Elena - National Bureau of Economic Research - 2022

Performance pay in general amounts to only a small fraction of total pay. In this paper, we show that performance pay is nevertheless important for the level and dynamics of wages over the life cycle because of the incentives it indirectly provides for human capital acquisition and because of...

Persistent link: https://www.econbiz.de/10013334409

The Unequal Cost of Job Loss across Countries

Bertheau, Antoine; Acabbi, Edoardo; Barceló, Cristina; … - National Bureau of Economic Research - 2022

and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal …

Persistent link: https://www.econbiz.de/10012938696

Innovation and Human Capital Policy

Van Reenen, John - National Bureau of Economic Research - 2021

If innovation is to be subsidized, a natural place to start is to increase the quantity and quality of human capital …. Innovation, after all, begins with people. Simply stimulating the "demand side" through R&D subsidies and tax breaks may only … can both directly increase innovation and reduce its cost. This paper examines the evidence on human capital policies for …

Persistent link: https://www.econbiz.de/10012510591

Biased Sampling of Early Users and the Direction of Startup Innovation

Cao, Ruiqing; Koning, Rembrand M.; Nanda, Ramana - National Bureau of Economic Research - 2021

Using data from a prominent online platform for launching new digital products, we document that the composition of the platform's 'beta testers' on the day a new product is launched has a systematic and persistent impact on the venture's success. Specifically, we use word embedding methods to...

Persistent link: https://www.econbiz.de/10012585366

Does Offshoring Production Reduce Innovation : Firm-Level Evidence from Taiwan

Branstetter, Lee; Chen, Jong-rong; Glennon, Britta; … - National Bureau of Economic Research - 2021

products to China. We find causal evidence that offshoring impacts both the level and nature of innovation. In the technologies … directly related to product categories that could be offshored more easily after the policy shock, overall innovation levels … decline and innovative effort shifts away from product innovation and towards process innovation. However, we also find …

Persistent link: https://www.econbiz.de/10012616565