During the past two centuries, major technological breakthroughs such as the steam engine and electricity have acted as the catalysts for growth and have resulted in a marked increase in material well-being. The dominant technology today - information and communication technology (ICT) - does...

This paper addresses the importance of compositional changes in the labor force for the development of the wage distribution. Demographic change and higher educational attainment imply a shift toward employees with more experience and/or better education. These groups are characterized by higher...

In this paper, we test implications from various theories of hierarchies in organizations, in particular the assignment model (Rosen, 1982), the incentives model (Rosen, 1986), the supervision model (Qian, 1994) and the knowledge-based hierarchy model (Garicano, 2000; Garicano and Rossi-Hansberg,...

This paper estimates the association of demographic and educational changes with earnings and returns to schooling of male workers in Brazil and Mexico. Our analysis takes into account demographic, educational, and economic variations within each country over time, using Demographic Censuses...