Iceland's significant onshore wind energy potential remains untapped, with no operational wind farms despite recognized opportunities for over a decade. Two wind energy projects, approved under Iceland's Master Plan for Nature Protection and Energy Utilization - a legally enshrined...

Rising wealth inequality is one of the defining challenges of the 21st century, threatening both equal opportunity and the foundations of democratic governance. Yet calls for taxing wealth remain limited, even though such measures could help curb inequality. Recognising the central role of media...

Rising wealth inequality is one of the defining challenges of the 21st century, threatening both equal opportunity and the foundations of democratic governance. Yet calls for taxing wealth remain limited, even though such measures could help curb inequality. Recognising the central role of media...

This paper shows that the pace of technology creation is a key driver of the skill premium. It develops a model in which skilled workers have a comparative advantage in learning new technologies. As technologies age, they become standardized and accessible to other workers. The skill premium is...

This paper studies how labor market conditions around high school graduation affect postsecondary skill investments. Using administrative data on more than six million German graduates from 1995-2018, and exploiting deviations from secular state-specific trends, I document procyclical college...