CHOJNICKI, XAVIER; DOCQUIER, FREDERIC - In: Economica 74 (2007) 294, pp. 329-350
In this paper we investigate the consequences of the rise in educational attainment on US generational accounts. We build on the 1995 existing accounts and disaggregate them per schooling level. Contrary to medium- and high-skill newborns, we show that low-skill newborns are characterized by...