The U.S. college wage premium doubles over the life cycle, from 27 percent at age 25 to 60 percent at age 55. Using a panel survey of workers followed through age 60, I show that…
In this playbook, we provide a framework to help college better deliver on the American Dream. We create a coherent, comprehensive taxonomy of the landscape of college-to-jobs…
This paper reviews and synthesizes the literature on the macroeconomic implications of human capital theory. I begin with a review of the canonical model of education and the wage…
This paper synthesizes what economists have learned about human capital since Becker (1962) into four stylized facts. First, human capital explains at least one-third of the…
This paper synthesizes what economists have learned about human capital since Becker (1962) into four stylized facts. First, human capital explains at least one-third of the…
This chapter summarizes existing evidence on the link between education and innovation and presents open questions for future research. After a brief review of theoretical…
Machines increasingly replace people in routine job tasks. The remaining tasks require workers to make open-ended decisions and to have “soft” skills such as problem-solving,…
This chapter summarizes existing evidence on the link between education and innovation and presents open questions for future research. After a brief review of theoretical…
