Agriculture and Industry in Brazil is a study of the economics of Brazilian agriculture and industry, with a special focus on the importance of innovation to productivity growth. Albert Fishlow and Jose Eustaquio Ribeiro Vieira Filho examine technological change in Brazil, highlighting the role...

We treat rising inequality is an equilibrium outcome in which human capital investment fails to keep pace with rising demand for skills. Investment affects skill supply and prices on three margins: the type of human capital in which to invest; how much to acquire; and the intensity of use. The...

Wages for more- and less-educated workers have followed strikingly different paths in the U.S. and Canada. During the 1980's and 1990's, the ratio of earnings of university graduates to high school graduates increased sharply in the U.S. but fell slightly in Canada. Katz and Murphy (1992) found...