This study examines how parenting styles predict children's lifetime outcomes. Using a Swedish dataset which combines rich survey information on parenting styles with administrative records tracking children over five decades, we find that authoritarian parenting is negatively associated with...

I study how delayed retirements reshape firms internal labor markets, leveraging a German reform that raised womens early retirement age by at least three years. The reform increased retention of older women and reduced both internal promotions and external hiring of younger coworkers, with the...

This study investigates the impact of inflation on human capital investment decisions. Using a specially designed survey we estimate the causal effect of recent price level increases on the graduation plans of over 1,200 U.S. university students. We find that inflation caused over half of the...

We estimate the causal effect of access to clean water sources on educational outcomes in Indonesia. Using the longitudinal Indonesian Family Life Survey (IFLS) panel dataset, which follows the same individuals from 1993 to 2014, and applying household fixed effects allows us to identify the...

We examine the long-term labor market impact of the steam engine, an early general-purpose technology, by linking newly digitized 19th-century records from Prussia to modern German labor market data (1975-2019). Regions with a higher concentration of steam engines per worker in 1875 exhibit...

How did the US become a land of opportunity? Previous historical research on intergenerational mobility has focused on father-son income correlations, masking the role of mothers. We introduce a new mobility measure that incorporates both parents’ human capital, develop a latent variable...

This essay suggests that the evolution of human cooperation over the course of human history should be viewed as a two-layer process. A foundational layer, rooted in subsistence and ecological pressures, shaped cooperative dispositions unevenly, whereas an expansionary layer, rooted in conflict...

Based on panel data from 276 Chinese cities between 2004 and 2021 and applying a difference-in-differences approach, this study explores the relationship between the New Energy Demonstration City (NEDC) policy and local green technological innovation (GTI) capabilities, along with its mechanisms...

We leverage the introduction of the first antibiotic therapies in 1937 to examine the long run effects of early childhood pneumonia on adult educational attainment, employment, income, and work-related disability. Using census data, we document large average gains on all outcomes, alongside...

Rapid artificial intelligence (AI) advancements have emerged as a critical catalyst in curbing carbon emissions and fostering sustainable growth. Drawing upon balanced panel data from 30 Chinese provinces from 2000 to 2022, this study employs the spatial Durbin model, along with mediating and...

We estimate the causal effect of access to clean water sources on educational outcomes in Indonesia. Using the longitudinal Indonesian Family Life Survey (IFLS) panel dataset, which follows the same individuals from 1993 to 2014, and applying household fixed effects allows us to identify the...

Immigrants across Europe earn less and work in lower-quality jobs than natives, but the mechanisms underlying these disparities remain poorly understood. This paper asks whether immigrant disadvantage reflects barriers to accessing good jobs or skill deficits that persist even within similar...

(1) Background/Purpose: Talent management research has typically focused on early-career entrants or high-potential employees, leaving mid-career professionals underexplored despite their pivotal role in organisational continuity and leadership pipelines. This study examines whether the...

The literature on intergenerational mobility for many countries in the world focus on household surveys that capture the education of parents and their children. While they pay particular attention to issues regarding co-residency of fathers and son, they are somewhat weaker in information on...

The HCI+ measures how effectively a country builds human capital, tracking the likelihood that children today will grow into healthy, educated, and productive adults. It integrates measures from three dimensions of human capital—health, education, and employment—into one index using...

The World Bank launched the Human Capital Index (HCI) to highlight the importance of investments in human capital and to benchmark key components of human capital across countries. This HCI is an international metric that measures the amount of human capital a child born today can be expected to...

This paper provides the first comprehensive, cross-country evidence on the wage returns to digital skills, using more than 67 million job postings from 29 countries between 2021 and 2024. The paper develops a harmonized digital skills taxonomy and examines returns across extensive (any digital...

Human capital—the health, knowledge, skills, and experience that people accumulate throughout their lives—is essential for productivity and economic growth. Yet, progress has stalled, and there have even been reversals in human capital accumulation over the last 15 years. Two-thirds of low-...

This paper estimates the returns to education in Arkansas-one of the last states to extend compulsory schooling-using ACS 2023 data and the 1987 Compulsory Schooling Law (CSL) reform as an instrument. OLS estimates imply returns of 9.5-10.4 percent per year of schooling. The CSL reform increased...

Exceptional talent accounts for a disproportionate share of innovation, yet many individuals with exceptional ability may never realize their potential. Whether expanding access to advanced training generates learning gains remains an open question. We study this using a randomized controlled...

This paper estimates the returns to education in Arkansas - one of the last states to extend compulsory schooling - using ACS 2023 data and the 1987 Compulsory Schooling Law (CSL) reform as an instrument. OLS estimates imply returns of 9.5-10.4 percent per year of schooling. The CSL reform...

While rent-sharing is known to vary according to worker characteristics, the impact of profits on the gender wage gap warrants closer examination. Most studies adopt a single-gender view, neglecting factors tied to bargaining power. Our paper aims to fill this gap by leveraging rich matched...

We estimate the long-run effects of marginal admission to elite public high schools on students' labor supply in the context of Mexico City's centralized high school admission system. Using a regression discontinuity approach, we compare students whose placement exam scores are just above and...

What ignited humanity's momentous ascent from millennia of stagnation to an era of sustained economic growth? And what are the roots of the vast disparities in the wealth of nations? These enduring mysteries, which have preoccupied scholars across generations, lie at the core of Unified Growth...

This study examines the long-term impact of childhood exposure to Glacier Lake Outburst Floods (GLOFs) on adult human capital outcomes in the High Mountain Asia (HMA) region. Using historical GLOF data and geospatial mapping of downstream flood pathways, we identify treatment and control groups...

While rent-sharing is known to vary according to worker characteristics, the impact of profits on the gender wage gap warrants closer examination. Most studies adopt a single-gender view, neglecting factors tied to bargaining power. Our paper aims to fill this gap by leveraging rich matched...

Accumulated entrepreneurial experience, as a form of human capital, plays a critical role in shaping current venture revenue. Building on insights from entrepreneurship and human capital theory, the study establishes a causal inverted U-shaped relationship between prior entrepreneurial...

China's One-Child Policy (OCP) restricted most couples to a single birth, leading to a rapid increase in the prevalence of only children. Using longitudinal data and a regression discontinuity design around the policy's start, we estimate the effects on grandchildren's human capital. We find...

Screening human capital based on signals such as job applications or entrepreneurial pitches is crucial for organizations. Signals are often informative insofar as they require differential knowledge and effort to produce. Generative AI (GAI) complicates screening by lowering the cost of...

More than 1.5 million staff work for the NHS in England, across a wide range of occupations. Progression within these occupations - for example, from nurse to senior staff nurse - has long been a focus of workforce policy in the NHS. Transitions between broad occupation groups - such as...

The Global Gateway is considered a key instrument of EU development cooperation. Introduced in 2021, it was announced as a 'win-win' strategy for both, the EU's competitiveness agenda and developing countries' strive for sustainable development. The Global Gateway epitomises the current shifts...

New digital and artificial intelligence technologies are fast reshaping skill requirements in the EU labour market, fostering skill mismatches. There are marked concerns about the potentially adverse consequences of automation and AI on employment, as well as the lagging competitiveness of EU...

We estimate the causal effect of attending elite schools in England, Scotland, and Wales on human capital and labor market outcomes for cohorts of children from the 1958 National Child Development Study and the 1970 British Cohort Study. For identification, we employ a nonparametric...

This paper develops a task-adjusted, country-specific measure of workers' exposure to artificial intelligence (AI) across 108 countries. Building on Felten et al. (2021), we adapt the artificial intelligence occupational exposure (AIOE) index to worker-level data from the Programme for the...