This paper offers a thesis as to why the US overtook the UK and other European countries in the 20th century in both aggregate and per-capita GDP, as a case study of recent models of endogenous growth where human capital is the "engine of growth". The conjecture is that the ascendancy of the US...

Policymakers are concerned about potential underinvestment in lifelong learning. In this paper we study to what extent a tax deduction helps to stimulate post-initial training. Specifically, we employ a regression kink and regression discontinuity design as jumps in tax bracket rates generate...

Acknowledgments -- Foreword / John Fallon, CEO, Pearson -- Preface -- The context -- How did we get here? a history of education and training in the united states -- Organization for economic cooperation and development (oecd) better skills, better jobs, better lives -- Educational providers --...