We use a calibrated stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to investigate the causes behind the increase in health spending and life expectancy over the period 1965-2005. We estimate that technological change along with the increase in the...

We use a calibrated stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to investigate the causes behind the increase in health spending and life expectancy over the period 1965-2005. We estimate that technological change along with the increase in the...

Using linked records from the 1880 to 1940 full-count United States decennial censuses, we estimate the effects of parental exposure to compulsory schooling (CS) laws on the human capital outcomes of children, exploiting the staggered roll-out of state CS laws in the late nineteenth and early...

Using linked records from the 1880 to 1940 full-count United States decennial censuses, we estimate the effects of parental exposure to compulsory schooling (CS) laws on the human capital outcomes of children, exploiting the staggered roll-out of state CS laws in the late nineteenth and early...

Is the United States in danger of losing its competitive edge in science and technology? This volume reviews the arguments surrounding this issue and contrasts them with relevant data, including trends in research and development investment; information on the size, composition, and pay of the...

We estimate the intergenerational effects of compulsory schooling (CS) laws in the United States (1875 to 1940), exploiting the staggered roll-out of state CS laws and using difference-in-differences and instrumental variable (IV) approaches in a linked panel of full-count US census data....