The 1924 Immigration Act excluded immigrants from economically developing countries to the point of their near total exclusion. Forty years later, the 1965 Immigration and Nationality Act eliminated most discriminatory county-of-origin barriers. America's doors opened and immigration from...

Fueling debates about the "quality" of immigrants from economically developing countries, empirical studies based on a well-respected methodology conclude that post-1965 immigrant men have low initial earnings and sluggish earnings growth. This methodology is based on flawed assumptions (Duleep,...

We derive wage equations with individual specific coefficients from a structural model of human capital investment over the life cycle. This model allows for interruptions in labour market participation and deals with missing data and attrition problems. We propose a new framework that deals...

We examine how gender shapes managers' decisions regarding on-the-job training using a discrete choice experiment embedded in a representative survey of German firms. While previous research has focused on employees' demand for it, we make a contribution by studying firms' supply of training. In...

Non-Compete Agreements (NCAs) restrict workers from joining or forming rival companies, which impacts labor market dynamics. Theoretical perspectives on NCAs are varied: they can lead to increased employer investment and higher wages by reducing labor turnover, or they might simply raise wages...

We examine how gender shapes managers’ decisions regarding on-the-job training using a discrete choice experiment embedded in a representative survey of German firms. While previous research on training has focused on employees’ demand for it, we make a contribution by studying firms’...

We examine whether parental and school investments reinforce or compensate for student performance. Our analysis exploits school-starting-age rules in 34 countries, capturing achievement variation that arises because younger children typically underperform their older peers. Parents respond to...

Can the demographic trends of increased life expectancy and decreasing birth rates, along with the labor market patterns of returns to human capital investment and changes in real hourly earnings, account for changes in women's and men's lifetime earnings? Using a Vector Error Correction Model...

We study the influence of social norms in determining the impact of early life exposure to the Great Chinese Famine of 1959-1961 on gender inequality. We model how social norms interact with adverse shocks to affect male and female survival chances and influence subsequent human capital...

In this paper, we study the nuanced relationship between drought, academic performance, and the efficacy of preventive measures, focusing on two drought-prone regions from the states of Maharashtra and Karnataka in India. Utilizing an event study framework relying on difference-in-differences...

Using historical, longitudinal data on individuals, we track the earnings of immigrant and U.S.-born women. Following individuals, instead of synthetic cohorts, avoids biases in earnings-growth estimates caused by compositional changes in the cohorts that are followed. The historical data...

We provide the first evidence on how workers invest in human capital after losing ability. Using quasi-random work accidents in Danish administrative data, we find that workers enroll in bachelor's programs after physical injuries, pursuing degrees that build on their work experiences and...

This research uses CHIP data of 2018 to examine the impact of higher education opportunities on the middle school graduates' choice between academic and vocational high schools. The findings indicate that a higher university quota at the provincial level increases the likelihood of middle school...

Non-Compete Agreements (NCAs) restrict workers from joining or forming rival companies, which impacts labor market dynamics. Theoretical perspectives on NCAs are varied: they can lead to increased employer investment and higher wages by reducing labor turnover, or they might simply raise wages...

The 1924 Immigration Act excluded immigrants from economically developing countries to the point of their near total exclusion. Forty years later, the 1965 Immigration and Nationality Act eliminated most discriminatory county-of-origin barriers. America's doors opened and immigration from...

Fueling debates about the "quality" of immigrants from economically developing countries, empirical studies based on a well-respected methodology conclude that post-1965 immigrant men have low initial earnings and sluggish earnings growth. This methodology is based on flawed assumptions (Duleep,...

We derive wage equations with individual specific coefficients from a structural model of human capital investment over the life cycle. This model allows for interruptions in labour market participation and deals with missing data and attrition problems. We propose a new framework that deals...

We examine how gender shapes managers' decisions regarding on-the-job training using a discrete choice experiment embedded in a representative survey of German firms. While previous research has focused on employees' demand for it, we make a contribution by studying firms' supply of training. In...

Fertility rates have declined dramatically across almost all highincome countries over the past decades. This has raised concerns about future economic prospects. Indeed, fully- and semi-endogenous growth models imply that a shrinking workforce would lead to declining income growth and perhaps...

This study documents self-selection on human capital for Ukrainian refugees. We compare the socio-demographic characteristics of a representative sample of Ukrainian refugees who registered in Belgium in the fall of 2022 with those of the Ukrainian population before the war. Contrarily to...

Many studies have documented that a phonics approach is an essential component in the teaching of reading for beginning readers, especially for students at risk of reading disabilities. We study whether phonics approaches, as indicated by the choice of basal readers (materials for the initial...

This paper empirically examines the impacts and underlying mechanisms of a digital strategy, along with its four constituent indicators, on enterprise innovation investment. Utilizing a vast sample of companies listed on Chinese stock markets spanning from 2007 to 2022, the study constructs...

The report is organized into six main sections. The first section provides an overview of the context in Edo. Section two summarized the central interventions part of EdoBESST and how they are based on the available evidence. Section three assesses the impact of interventions in terms of outputs...

This report presents the findings of a study to analyze Guinea-Bissau's HCI indicators and its human capital policies across three sectors - health, education, and social protection. The report highlights a deep analysis of sociodemographic variables such as age, sex, income, and geographical...

We examine gender gaps in early childhood cognitive and social-behavioral skills across several Latin American and Caribbean (LAC) countries. Our study complements previous research focused on older children by analyzing the preschool period, a critical stage for lifelong human capital...

Identifying sensitive periods in which the returns to investments into skills are especially high is challenging, but crucial for an effective and efficient timing of parental or public investments aimed at fostering children’s skills. We can detect sensitive periods with a novel design by...

We document substantial heterogeneity in labor market integration, skill investments, and outmigration across immigrant admission categories. Using newly available data on residence permits in Finland, we establish four facts. First, there are large initial differences in employment and earnings...

The dismantling of the United States Agency for International Development (USAID) has created an unprecedented crisis in global education and skills development, with far-reaching consequences for access, equity, and the quality of learning worldwide. This report, commissioned by the European...

This paper synthesizes the economics literature on skills and human capital, with a particular focus on higher-order capacities like social and decision-making skills. We review the empirical evidence on returns to human capital from both a micro and macro perspective, as well as the evidence on...

We argue that a long-term low real rate environment can increase labor income inequality, amplify the emergence of the working rich, and reduce intergenerational mobility. We provide a simple model with endogenous human capital accumulation and credit constraints to demonstrate this causal link....

The study explores ways to enhance the visibility of companies' investments in employee training, with the aim of recognising human capital as a value-creating resource, encouraging private sector investment in training and ultimately reducing skills shortages. Currently, only a limited number...

Using 182 estimates from 140 studies in 55 countries, this paper compares ordinary least squares (OLS) and instrumental variables (IV) estimates of the private returns to schooling. IV returns average 9.7 percent - 38 percent higher than OLS - and exceed OLS in nearly 80 percent of cases, with...

Today's parents prioritize their children's future opportunities and well-being over the costs and benefits of child-rearing. Inequality of opportunity (IO) worsens children's developmental prospects and reduces fertility intentions. Using nationally representative data from China, we show that...

We examine the causal effect of education on financial outcomes related to stock markets and retirement savings, leveraging a major compulsory school reform and a unique data set covering the universe of investors in Türkiye. The estimates show no effects on participation rates, portfolio...

This paper investigates the impact of on-the-job training on labour productivity, focusing on both the direct effects of training capital accumulation and its complementarity with other intangible capital assets. While previous research has highlighted the positive role of workplace training in...

As college attainment expanded in the U.S., the fraction of public funds allocated to selective colleges and universities declined. Does this make sense from an efficiency standpoint, given that the majority of college entrants face the highest financial returns at selective colleges? Should the...