expectancy observed during the period accounts for almost none of the change in educational attainment.

human capital understates differences across countries by a factor of 2.

In this paper, we document the reallocation of employment over time between agriculture, manufacturing, and services (the process of structural transformation) and the growth rate of sectoral labor productivity across countries. We find that countries are going through a remarkably similar...

We formulate a version of the growth model in which production is carried out by heterogeneous plants and calibrate it to US data. In the context of this model we argue that differences in the allocation of resources across heterogeneous plants may be a significant factor in accounting for...

We develop a quantitative theory of gender differences in labor market participation, hours worked, labor turnover, and human capital accumulation. In our theory, young females expect to face higher labor turnover and to work less hours than males because they allocate time to child rearing. As...

Consider the following facts. In 1950 the richest ten-percent of countries attained an average of 8.1 years of schooling whereas the poorest ten-percent of countries attained 1.3 years, a 6-fold difference. By 2005, the difference in schooling declined to 2-fold. The fact is that schooling has...

The large differences in income per capita across countries are mostly explained by differences total factor productivity (TFP). What explains differences in TFP across countries? Evidence suggests that the (mis)allocation of factors of production across heterogenous production units is an...

Lack of comprehensive sectoral productivity data across a large set of countries has turned researchers to structural analysis using detailed international price data to infer cross country productivity at the sector level. Because the relative price of services is higher in rich than in poor...

We assess the effects of a major land policy change on farm size and agricultural productivity, using a quantitative model and micro-level data. In particular, we study the 1988 land reform in the Philippines, which was an extensive land redistribution program that imposed a ceiling of 5...

We assess the importance of land misallocation for productivity in agriculture using a quantitative model and detailed household-level data from Malawi. The land market is largely underdeveloped in Malawi as the vast majority of land is transmitted by inheritance, almost none of the land is...