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This paper creates a unique worldwide dataset that permits the study of wage inequality and returns to education in 40 countries and revisits earlier studies of the effects of economic development (the Kuznets hypothesis), trade openness, and returns to skill on wage inequality. We find that (i)...
Persistent link: https://www.econbiz.de/10014261769
In light of population ageing, globalisation, automation, and the effects of the COVID-19 pandemic, Thailand’s labour market is being significantly reshaped, and so are the skills required for higher employability. This paper analyses the capacity of Thailand’s education and training system...
Persistent link: https://www.econbiz.de/10012421216
In this paper I illustrate how the diffusion across firms of a skill-neutral technology leads to a skill-biased impact on the economy. The model identifies (i) differences in inter-firm mobility between skill groups, (ii) productivity dispersion across firms within industries, and (iii)...
Persistent link: https://www.econbiz.de/10014134216
For the last decades, regions in the United States have been diverging. More skill-intensive regions have experienced a higher wage and skill premium growth and had become even more skill-intensive. In this paper, I show that this may be driven in part by trade with China. One of the main...
Persistent link: https://www.econbiz.de/10012908169
This paper documents differences across higher-education courses in the coverage of frontier knowledge. Comparing the text of 1.7M syllabi and 20M academic articles, we construct the “education-innovation gap,” a syllabus’s relative proximity to old and new knowledge. We show that courses...
Persistent link: https://www.econbiz.de/10013266618
This paper documents differences across higher-education courses in the coverage of frontier knowledge. Comparing the text of 1.7M syllabi and 20M academic articles, we construct the "education-innovation gap," a syllabus's relative proximity to old and new knowledge. We show that courses differ...
Persistent link: https://www.econbiz.de/10013167978
In this essay, we utilize our personal experience with two “data points” (namely policymakers and students) to argue that all levels of government need to re-evaluate current approaches to the regulation of emerging technologies. More specifically, governments need to delegate much of the...
Persistent link: https://www.econbiz.de/10012871595
This paper documents differences across higher-education courses in the coverage of frontier knowledge. Comparing the text of 1.7M syllabi and 20M academic articles, we construct the “education-innovation gap,” a syllabus’s relative proximity to old and new knowledge. We show that courses...
Persistent link: https://www.econbiz.de/10013293283
Using EU-SILC data for 2005 and 2011, we compare the role of family background on labour outcomes in three EU countries that experienced large swings in unemployment during this period. We use a multidimensional family background indicator that avoids undesirable cohort effects. Our results...
Persistent link: https://www.econbiz.de/10012028747
We study labor-market returns to vocational versus general secondary education using a regression discontinuity design created by the centralized admissions process in Finland. Admission to the vocational track increases annual income by 7 percent at age 31, and the benefits show no signs of...
Persistent link: https://www.econbiz.de/10012037618