This paper studies the consequences of the buildup of a new economic sector—the Norwegian petroleum industry—on investment in human capital. We assess both short-term and long-term effects for a broad set of educational margins, by comparing individuals in regions exposed to the new sector...

This paper studies the consequences of the buildup of a new economic sector-the Norwegian petroleum industry-on investment in human capital. We assess both short-term and long-term effects for a broad set of educational margins, by comparing individuals in regions exposed to the new sector with...

The introductory article to the special issue systematizes the main topics addressed in the special issue papers, such as the impact of technological development on the future of labor markets, changing needs in professional competencies and approaches to developing skills in demand at the level...

It has become common within the literature of skill-biased technological change to look at technologies, as well as their impact on the demand for labor as homogeneous across industries. This paper challenges this view. Using a linked employer-employee panel of Germany differentiated by...

Public funding drives much of the recent growth of college degree supply in Europe, but few indicators are available to assess its optimal level. In this paper, I investigate an indicator of college skills usage - the fraction of college graduates employed in "college" occupations. Gottschalk...