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…
Employment rates fell dramatically between March and April 2020 as the initial shock of the Covid-19 pandemic reverberated through the U.S. labor market. This paper uses data from…
June 2021, Paper: "Capitalism is not a rigid system. It has evolved and changed over time, shaped by local history, social pressures, and crises. Today, it is commonplace to…
This paper presents insights and action proposals to better harness technological innovation for sustainable development. We begin with three key insights from scholarship and…
