This paper quantitatively examines the effects of two exogenous driving forces, investment-specific technological change (ISTC) and the demographic change known as “the baby boom and the baby bust,” on the evolution of the skill premium in the postwar U.S. economy. I develop an overlapping generations general equilibrium model with endogenous discrete schooling choice. The production technology features capital-skill complementarity as in Krusell et al. (2000). ISTC, through capital-skill complementarity, raises the relative demand for skilled labor, while demographic variation affects the skill premium through changing the age structure and hence relative supply of skilled labor. I find that demographic change is more important in shaping ...
Skill intensive technologies seem to be adopted by rich countries rather than poor ones. Related to ...
The proportion of college graduates in the United States labor force increased steadily after 1970. ...
This paper attempts to examine technology’s impact on the labor market through the lens of skilled l...
This paper quantitatively examines the effects of two exogenous driving forces, investment-specific ...
The evolution of the U.S. skill premium over the past century has been characterized by a U-shaped p...
The evolution of the U.S. skill premium over the past century has been characterized by a U-shaped p...
In this paper we present a tractable general equilibrium overlapping-generations model of human capi...
Skill intensive technologies seem to be adopted by rich countries rather than poor ones. Related to ...
My thesis is a collection of three essays that consider various aspects of a skillbiased technology...
Skill intensive technologies seem to be adopted by rich countries rather than poor ones. Related to ...
The wage premium for high-skilled workers in the United States, measured as the ratio of the 90th-to...
In the US the skill premium and the non-production/production wage differential increased strongly f...
The proportion of college graduates in the United States labor force increased steadily after 1970. ...
The skill premium has gone up significantly in the United States in the last five decades. During t...
I challenge the existing literature that claims that strongly biased technology is necessary to obse...
Skill intensive technologies seem to be adopted by rich countries rather than poor ones. Related to ...
The proportion of college graduates in the United States labor force increased steadily after 1970. ...
This paper attempts to examine technology’s impact on the labor market through the lens of skilled l...
This paper quantitatively examines the effects of two exogenous driving forces, investment-specific ...
The evolution of the U.S. skill premium over the past century has been characterized by a U-shaped p...
The evolution of the U.S. skill premium over the past century has been characterized by a U-shaped p...
In this paper we present a tractable general equilibrium overlapping-generations model of human capi...
Skill intensive technologies seem to be adopted by rich countries rather than poor ones. Related to ...
My thesis is a collection of three essays that consider various aspects of a skillbiased technology...
Skill intensive technologies seem to be adopted by rich countries rather than poor ones. Related to ...
The wage premium for high-skilled workers in the United States, measured as the ratio of the 90th-to...
In the US the skill premium and the non-production/production wage differential increased strongly f...
The proportion of college graduates in the United States labor force increased steadily after 1970. ...
The skill premium has gone up significantly in the United States in the last five decades. During t...
I challenge the existing literature that claims that strongly biased technology is necessary to obse...
Skill intensive technologies seem to be adopted by rich countries rather than poor ones. Related to ...
The proportion of college graduates in the United States labor force increased steadily after 1970. ...
This paper attempts to examine technology’s impact on the labor market through the lens of skilled l...