The large-scale persecution of Jews during World War II generated massive refugee movements. Using data from 20,441 predominantly Jewish passengers from 19 countries traveling from Lisbon to New York between 1940 and 1942, we analyze the last wave of refugees escaping the Holocaust and verify...

The American "high school movement" of the early 20th century resulted in a dramatic rise in high school graduation rates, a trend that continued into the middle of the century interrupted only by World War II. Previous work has characterized the pre-World War II transformation of secondary...

The aim of this paper is to quantify the role of formal-sector institutions in shaping the demand for human capital and the level of informality. We propose a firm dynamics model where firms face capital market imperfections and costs of operating in the formal sector. Formal firms have a larger...

The aim of this paper is to quantify the role of formal-sector institutions in shaping the demand for human capital and the level of informality. We propose a firm dynamics model where firms face capital market imperfections and costs of operating in the formal sector. Formal firms have a larger...

We use several datasets to study whether son preference prevails in the human capital investment among Chinese rural-urban migrant households. We find that son preference exists among the rural migrants' households and that it caused lower probabilities relative to that of their boy counterparts...

We investigate how ethnicity, gender and other characteristics affect low-paid workers' perceptions of their employability in London's labour market, examining self-efficacy, ethnic and dual labour market theories. We find that perceptions vary considerably, both between genders and ethnicities...

The paper is based on an individual life-cycle model, which describes the purely economic components of human capital. The present value of human capital is determined by all future income flows, which at the same time constitute the individual as well as the total tax base of a nation....

Recent scientific research indicates that there may have been an extension in physically and cognitively healthy life expectancy. We examine the effects of an extension in healthy life on retirement, education and human capital investment. We find that as life expectancy rises, the proportion of...