We assess the effects of the imperfect substitution between skilled and unskilled labor on economic growth in a model in which physical capital and skilled labor can be accumulated. It is shown that economies with higher ...

Previous research has shown that people with higher cognitive skills (mental abilities) and socioemotional skills (behaviors and personality) get better labor market outcomes. It is unclear, however, if this conclusion ...

We estimate the effect of capital composition on the size of capital–skill complementarity and the skill wage premium. Disaggregating the capital stock into different types according to technological content, we find that: ...

We study howtechnological change affects between- and within-education-group inequality in the United States. We develop a model with heterogeneous workers and firms in which the demand for skills is characterized by ...

In 1980, housing prices in large US cities rose with distance from the city center. By 2010, that relationship had reversed. We propose that the inversion can be traced to more hours worked by the skilled. Scarce non-market ...

The characteristics of the environment in which a firm operates may be constraining a firm's choice of strategy in order to create and sustain a competitive advantage. In particular, we focus on the fact that the level of ...

This paper describes the results from the evaluation of the Student Training Scholarship ('Bolsa Formação Estudante'), a public policy that offers scholarships to current and former high school students of the public ...