In this paper we explore the response of the supply of human capital to changes in demand in the British Industrial Revolution. We use annual information from the Stamp Tax registers on apprentices in England between 1710-1803 and examine the response of tuitions to changes in the annual number...

U.S. carbon dioxide emissions are highly procyclical--they increase during expansions and fall during recessions. Given this empirical fact, we estimate the response of emissions to four prominent technology shocks from the business-cycle literature using structural vector autoregressive...