In the 1990s, in many countries, log wages became a more convex function of education: returns to college increased and returns to intermediate education declined. This paper argues that an important cause of this convexi…cation was a two-stage demand-supply interaction: an increased demand for...

This paper provides an ex ante assessment of the implementation of the conditional cash transfer (CCT) program in the Philippines, the Pantawid Pamilyang Pilipino. The study investigates the impact of CCT on current poverty, and the impact of this extra money on school attendance under different...

This paper presents a theoretical model to analyze the effects of technology change on growth rates of income and human capital in the uncertain environments of technology. The uncertainty comes from two sources; the possibility of a technology advance and the characteristics of new...

We present a generalized solution to Grossman’s model of health capital (1972), relaxing the widely used assumption that individuals can adjust their health stock instantaneously to an “optimal” level without adjustment costs. The Grossman model then predicts the existence of a health...

The paper measures the gender wage differentials among members of the Icelandic public sector union federation Association of Academics (BHM). The collective bargaining agremeents of the member unions have changed dramatically during the last 15 years while the agreements have also been...

We use data on Austrian firms and employees to estimate the effects of employer-provided training on productivity, wages, and the inequality of wages within firms. While the average amount spent on employer-provided training is low in general, we find a robust positive elasticity of training on...

This paper focuses on gender differences in the role played by locus of control within a model that predicts outcomes for men and women at two opposite poles of the labour market: high level managerial / leadership positions and unemployment. Based on data from the German Socio-Economic Panel,...

Between 1973 and 1978, the Indonesian government engaged in one of the largest school construction programs on record. Combining differences across regions in the number of schools constructed with differences across cohorts induced by the timing of the program suggests that each primary school...