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research would be helpful. Universities can contribute to recreating hope and optimism through more innovation in the economy. …
Persistent link: https://www.econbiz.de/10009561436
barriers and better innovation policies would boost productivity. Effective intergovernmental coordination bodies and a well …
Persistent link: https://www.econbiz.de/10012111044
This paper documents differences across higher-education courses in the coverage of frontier knowledge. Comparing the … text of 1.7M syllabi and 20M academic articles, we construct the "education-innovation gap," a syllabus's relative … proximity to old and new knowledge. We show that courses differ greatly in the extent to which they cover frontier knowledge …
Persistent link: https://www.econbiz.de/10013167978
Persistent link: https://www.econbiz.de/10011480821
Recent advances in behavioral genetics have enabled the discovery of genetic scores linked to a variety of economic outcomes, including education. We build on this progress to demonstrate that the same genetic variants that predict educational attainment independently predict household wealth in...
Persistent link: https://www.econbiz.de/10011613150
Rising costs of and returns to college have led to sizeable increases in the demand for student loans in many countries. In the U.S., student loan default rates have also risen for recent cohorts as labor market uncertainty and debt levels have increased. We discuss these trends as well as...
Persistent link: https://www.econbiz.de/10010457242
This paper studies the effects of each U.S. recession since 1973 on local labor markets. We find that recession-induced declines in employment are permanent, suggesting that local areas experience permanent declines in labor demand relative to less-affected areas. Population also falls,...
Persistent link: https://www.econbiz.de/10012214828
This paper provides a rationale for the revival of protectionism, based on the rise of the educated class. In a trade model with heterogeneous workers and entrepreneurs, globalization generates aggregate gains but has distributional effects, which can be attenuated through taxation. By playing a...
Persistent link: https://www.econbiz.de/10012168075
To understand the socio-economic enrollment gap in university attendance, we elicit students’ beliefs about the benefits of university education in a sample of 2,540 secondary school students. Our choice model estimates reveal that perceived non-pecuniary benefits explain a large share of the...
Persistent link: https://www.econbiz.de/10011757767
In this paper we look at lifetime inequality to address two main questions: How well does a modern tax system, based on annual information, target lifetime inequality? What aspects of the tranfser system are most progressive from a lifetime perspective? To answer to these questions it is crucial...
Persistent link: https://www.econbiz.de/10010237142