Although early human capital theory recognized the relevance of workers' experience, its focus was on education and formal training. More recent studies show that much of the performance of newly hired workers is driven by learning by doing or learning from peers or supervisors in the workplace....

We examine a little-known restriction on high-skill immigration to the United States, the Exchange Visitor Skills List. This List mandates that to become eligible for long-term status in the U.S., certain high-skill visitors must reside in their home countries for two years after participation...

This paper investigates the effects of college tuition on student debt and human capital accumulation. We exploit data from a random sample of undergraduate students in the United States and implement a research design that instruments for tuition with relatively large changes to the tuition of...

High-tenure workers losing their job experience a large and prolonged fall in wages and earnings. The aim of this paper is to understand and quantify the forces behind this empirical regularity. We propose a structural model of the labor market with (i) on-the-job search, (ii) general human...

This paper aims to estimate the association between, on the one hand, the hourly wages of private sector employees in Brazil, and, on the other, a doctorate degree and overeducation of workers with a Ph.D. The study is based on microdata from the Annual Social Information Report (Rais) for the...

This paper aims to estimate the association between, on the one hand, the hourly wages of private sector employees in Brazil, and, on the other, a doctorate degree and overeducation of workers with a Ph.D. The study is based on microdata from the Annual Social Information Report (Rais) for the...