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Over the last twenty years the wage-education relationships in the US and Germany have evolved very differently, while the education composition of employment has evolved in a surprisingly parallel fashion. In this paper, we propose and test an explanation to these conflicting patterns. The...
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Over the last twenty years the wage-education relationships in the US and Germany have evolved very differently, while the education composition of employment has evolved in a surprisingly parallel fashion. In this paper, we propose and test an explanation to these conflicting patterns. The...
Persistent link: https://www.econbiz.de/10013308603
The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional … variations in the adoption of steam engines across France, the study establishes that, in contrast to conventional wisdom that … views early industrialization as a predominantly deskilling process, the industrial revolution was conducive for human …
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