Using data covering a single cohort’s first 55 years of life, we show that most of the intergenerational elasticity of earnings (IGE) is explained by differences in: years of schooling, cognitive skills, investments of parental time and school quality, and family circumstances during...

This paper analyses the relationship between wage inequality and labour market development. Relevant economic theories are ambiguous, just as public debates. We measure the effects of wage inequality, skill-biased and skill-neutral technology on hours worked, productivity and wages in a novel...

This paper shows that returns to education are not enough to capture all the returns to human capital. Using longitudinal data of all college graduates in Colombia, we estimate labor market returns to postsecondary degrees and to various skillsincluding literacy, numeracy, foreign language,...

We assigned two cohorts of kindergarten students, totaling more than 24,000 children, to teachers within schools with a rule that is as-good-as-random. We collected data on children at the beginning of the school year, and applied 12 tests of math, language and executive function (EF) at the end...

We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary to the received wisdom, we show that human capital accumulation is not necessarily growth-inducing and inequality-reducing. Expansive education policies may foster growth and...

Welfare caseloads in North America halved following reforms in the 1990s and 2000s. We study how this shift affected families by linking Canadian welfare records to tax returns, medical spending, educational attainment, and crime data. We find substantial and heterogeneous employment responses...

We study the impact of human capital and the level of education on the pollution-income relationship controlling for income inequality in 17 OECD countries. By applying an innovative approach to country grouping, based on the temporal evolution of income inequality and clustering techniques to...

We investigate the assimilation of immigrant youth in Ecuador. Focusing on formal schooling and employing administrative data from high schools, we document subtle ways by which assessment biases against students with an immigrant background play a significant role in this assimilation process....

In angelsächsischen Ländern stellen Gewerkschaften einen bedeutsamen Indikator für verschiedene Kennzahlen der betrieblichen Leistungserstellung dar. Das gleiche gilt für die deutsche Form der betrieblichen Interessenvertretung - den Betriebsrat. Unter Verwendung des IAB-Betriebspanels...

In zahlreichen Studien zeigt sich der Einfluss von Risikobereitschaft auf individuelles Verhalten in unterschiedlichen Bereichen wie etwa Rauchen, Portfolioinvestitionen und auch Bildungsentscheidungen. Es gibt jedoch kaum Evidenz darüber, ob und welchen Einfluss Risikoeinstellungen von Eltern...