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Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation

Hanushek, Eric A. - 2010

We provide evidence that the robust association between cognitive skills and economic growth reflects a causal effect of cognitive skills and supports the economic benefits of effective school policy. We develop a new common metric that allows tracking student achievement across countries, over...

Persistent link: https://www.econbiz.de/10012758020

The Origins of Technology-Skill Complementarity

Goldin, Claudia; Katz, Lawrence F. - 2010

Current concern with relationships among particular technologies, capital, and the wage structure motivates this study of the origins of technology-skill complementarity in manufacturing. We offer evidence of the existence of technology-skill and capital-skill (relative) complementarities from...

Persistent link: https://www.econbiz.de/10013134928

The Returns to Skill in the United States Across the Twentieth Century

Goldin, Claudia; Katz, Lawrence F. - 2021

Economic inequality is higher today than it has been since 1939, as measured by both the wage structure and wealth inequality. But the comparison between 1939 and 1999 is largely made out of necessity; the 1940 U.S. population census was the first to inquire of wage and salary income and...

Persistent link: https://www.econbiz.de/10013222620

Can Falling Supply Explain the Rising Return to College for Younger Men? A Cohort-Based Analysis

Card, David; Lemieux, Thomas - 2021

Although the college-high school wage gap for younger men has doubled over the past 30 years, the gap for older men has remained nearly constant. We argue that these shifts reflect changes in the relative supply of highly-educated workers across age groups. Cohorts born in the first half of the...

Persistent link: https://www.econbiz.de/10013225391

Wage Dispersion, Returns to Skill, and Black-White Wage Differentials

Card, David; Lemieux, Thomas - 2021

During the 1980s wage differentials between younger and older workers and between more and less educated workers expanded rapidly. Wage dispersion among individuals with the same age and education also rose. A simple explanation for both sets of facts is that earnings represent a return to a...

Persistent link: https://www.econbiz.de/10013312490

Coping with Change : International Differences in the Returns to Skills

Hanushek, Eric A. - 2016

Expanded international data from the PIAAC survey of adult skills allow us to analyze potential sources of the cross-country variation of comparably estimated labor-market returns to skills in a more diverse set of 32 countries. Returns to skills are systematically larger in countries that have...

Persistent link: https://www.econbiz.de/10012982929

How Much Do Educational Outcomes Matter in OECD Countries?

Hanushek, Eric A. - 2010

Existing growth research provides little explanation for the very large differences in long-run growth performance across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of economic institutions and quantitative measures of...

Persistent link: https://www.econbiz.de/10013136356

Schooling, Labor Force Quality, and Economic Growth

Hanushek, Eric A.; Kim, Dongwook - 2000

Human capital is almost always identified as a crucial ingredient for growing economies, but empirical investigations of cross-national growth have done little to clarify the dimensions of relevant human capital or any implications for policy. This paper concentrates on the importance of labor...

Persistent link: https://www.econbiz.de/10014158648

The Race between Education and Technology : The Evolution of U.S. Educational Wage Differentials, 1890 to 2005

Goldin, Claudia; Katz, Lawrence F. - 2010

U.S. educational and occupational wage differentials were exceptionally high at the dawn of the twentieth century and then decreased in several stages over the next eight decades. But starting in the early 1980s the labor market premium to skill rose sharply and by 2005 the college wage premium...

Persistent link: https://www.econbiz.de/10012760301

Changes in the Structure of Wages : the U.S. Versus Japan

Katz, Lawrence F.; Revenga, Ana - 2021

This paper examines changes in wage differentials by educational attainment and experience in the US. and Japan since … wage premium has increased only slightly in Japan. In contrast to the large expansion in experience differentials for high … and college graduates in Japan from 1979 to 1987. Macroeconomic factors (increased openness, trade deficits, and labor …

Persistent link: https://www.econbiz.de/10013210697