Much has been written about the ‘knowledge economy’, and a large literature in economics has highlighted the importance of human capital for economic development in the modern world.
Knowledge elites, enlightenment, and industrialisation
Nico Voigtländer, Mara Squicciarini, 13 July 2014
Human capital and income inequality: Some facts and some puzzles
Amparo Castelló-Climent, Rafael Doménech, 23 April 2014
The rise of income inequality in many countries from 1985 onwards, and particularly during the recent crisis, has prompted a current debate on the causes and consequences of higher inequality and its effects on future growth (see, for example, OECD 2011, IMF 2014, or Ostry et al. 2014).
Get together for the kids
Shelly Lundberg, Robert A. Pollak, 29 October 2013
The US has experienced dramatic changes in patterns of marriage, cohabitation, and childbearing since 1950. Non-marital births have increased from 4% of all births in 1950 to 41% in 2010, and a majority (52%) of non-marital births now occur within cohabiting unions (Manlove et al. 2010).
Income and schooling
Markus Brückner, Mark Gradstein, 4 April 2013
Countries’ average income per capita is strongly correlated with more schooling. This can be seen both by looking at the relationship between them across countries (Figure 1), and by considering their evolution over time in particular countries.
Child health and the intergenerational transmission of human capital
Janet Currie, 19 July 2008
When economists think of “human capital,” they usually mean education. Investments in education pay off in the form of higher future earnings and many other positive outcomes. But what determines a child’s educational success?
The effect of job displacement on women’s fertility decisions
Emilia del Bono, Andrea Weber, Rudolf Winter-Ebmer, 25 February 2008
Over the last century women’s role in the labour market has gradually changed from secondary workers with limited planning horizon to equivalent partners or independent decision makers with a life-time planning perspective.
When Iceland was Ghana
Thorvaldur Gylfason, 25 January 2008
Believe it or not: in 1901, Iceland’s per capita national output was about the same as that of Ghana today. Today, Iceland occupies first place in the United Nations’ ranking of material success according to the Human Development Index that reflects longevity, adult literacy, and schooling as well as the purchasing power of peoples’ incomes.
More incentives for employees to work longer hours in US than in Europe
Josep Pijoan-Mas, Claudio Michelacci, 28 May 2007
Since the 1970s, the number of hours worked per employee has fallen substantially in continental Europe, while it has remained roughly constant in the US after reverting a trend of secular decline.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
Cadot, de Melo, 16 June 2014
CEPR Policy Research
- The buyer margins of firms' exportsCarballo, Ottaviano, Volpe
- Commodity and Equity Markets: Some Stylized Facts from a Copula ApproachDelatte, Lopez
- Ethnic Unemployment Rates and Frictional MarketsGobillon, Rupert, Wasmer
- Finance and Poverty: Evidence from IndiaAyyagari, Beck, Hoseini
- The Manipulation of Basel Risk-WeightsMariathasan, Merrouche