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 use a new empirical strategy to test various measures of school effectiveness in England. Our approach exploits discontinuities in attendance probabilities that occur at unpredictable distance cutoffs used as tiebreakers in admissions processes for oversubscribed schools. We show that raw,...

We comment on the work of Hanushek et al. (2015) and show that returns to skills are very heterogeneous and depend crucially on the tasks performed in the workplace, in line with the critique by Acemoglu and Autor (2011). Depending on the type of tasks performed at work, as well as on...