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Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...
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We investigate whether national borders within Europe hinder the assortative matching of workers to firms in a high … productivity estimates and study the ensuing rank correlation to gauge the degree of assortative matching within and across … countries. We find strong evidence for positive assortative matching at the national level, and even more so at the …
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