The difference in the proportion of students from families with different income levels attending college is due to two factors: the liquidity constraint and the difference deriving from the low returns to education among the poor. We find that grades in the school-leaving matriculation...

This study examines a number of brief models that demonstrate potential disadvantages in the process of globalization of capital movements. Using Israeli data, we examine the extent to which Israel suffers from these disadvantages. One disadvantage is related to the transfer of negative shocks...

This paper describes and analyzes developments in employment, wages and profitability in the information technology industries between the years 1995 and 2010, and the uniqueness of the human capital among those working in these industries in Israel. Data on bachelor's degree recipients by...