This work decomposes the human capital bundle into two characteristics: "knowledge", associated with one's own education ane experience, and "general skills", associated with parent's education. Using this decomposition we provide a new set of observations on the cyclicability ofboth wages and...

This study explains the evolution of wage inequality over the last 30 years and supports this explanation with evidence. At each level of schooling, a faster rate of technological progress weakens the link between schooling and work and increases the unknown needed to cope with during one's...

This work investigates the links between fertility choice, the dynamics ofincome distribution and economic growth. We use a simple model of fertility choice in conjunction with the well-documented differences in returns to human capital accross rich and poor to model the co-determination of...

This paper analyzes the interaction between the distribution of human capital, technological progress, and economic growth.

This paper analyses the relationship between technological progress, the transmission of income inequality across generations and economic growth.