Technological change was unskilled-labor-biased during the early Industrial Revolution of the late eighteenth and early nineteenth centuries, but is skill-biased today. This fact is not embedded in extant unified growth models. We develop a model of the transition to sustained economic growth...

How economists view the impact of demography on economic events has changed a great deal over the past decade or so. When, in the late 1980s, Allen Kelley (1988) was writing his magisterial survey on the economic consequences of population growth in the Third World, the conventional wisdom was...

Klaus Deininger and Lyn Squire have recently produced an inequality data base for a panel of countries from the 1960s to the 1990s. We use these data to decompose the sources of inequality into three central parts: the demographic or cohort size effect; the so-called Kuznets Curve or demand...