This paper investigates the impact of trade-induced changes in local economic conditions on individual decisions related to human capital accumulation in the United States. Existing research has found that business cycle and economic fluctuations impact investments in higher education, both...

In this paper, we empirically assess the causal relationship between trade and individual income risk and study the role that human capital plays in this relationship using a rich, worker-level, longitudinal data set from Germany spanning from 1976 to 2012. Our estimates suggest substantial...

This paper shows that countries with high levels of "elitism" in higher-education are the countries displaying high levels of inequality. In other words, a higher level of "elitism", i.e., large gap in quality of universities, and tight selection in top universities leads to a wider gap in wages...

Over the last decades, productivity in the tradable sector rose substantially, while in the non-tradable sector, output per worker has remained the same, despite a similar increase in human capital in both sectors. This paper emphasizes that duality in higher education as well as heterogeneous...