Human capital - wealth distribution - other topics

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Human Capital

The Evolution of U.S. Wages: Skill Prices versus Human Capital

The Return to College: Selection Bias and Dropout Risk

Student Abilities During the Expansion of U.S. Education, 1950-2000

With Todd Schoellman. [Paper] [Slides] [This draft: 2011-Feb-17] [Bibtex citation]

Cross-country Variation in Educational Attainment: Structural Change or Within Industry Skill Upgrading?

The Skill Composition of U.S. Cities

Why Does Education Differ Across Countries?

[PDF paper] [First draft: March 2005] [Slides] [Bibtex citation]

Taxation and Human Capital Accumulation

Taxation and the Intergenerational Transmission of Human Capital

How Important is Human Capital for Development? Evidence from Immigrant Earnings

How Do Taxes Affect Human Capital? The Role of Intergenerational Mobility

Growth, Death, and Taxes

Taxation and Long-Run Growth

Journal of Monetary Economics, 1999, (43)2: 411-434. [Bibtex citation]
The Technical Appendix contains details on computation and analytics.
Program files are available in the following zip files:

• Main program files
• Shared program files

Why Does Educational Attainment Differ Across U.S. States?

[PDF paper] [Version: September 2004] [First draft: November 2003] [Bibtex citation]

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Wealth Distribution

Retirement wealth and lifetime earnings

How Important Is Preference Heterogeneity for Wealth Inequality?

Journal of Economic Dynamics & Control, 2007, 31(9): 3042-68. [Bibtex citation]

Intended and Accidental Bequests in a Life-cycle Economy

This paper studies quantitative importance of accidental versus intended bequests. The main finding is that accidental bequests account for at least half, and perhaps for all of observed bequests.
[PDF paper] [First draft: August 2001]  [Slides]

Bequests and Retirement Wealth in U.S. Data

This is a background paper for "Intended and Accidental Bequests in a Life-cycle Economy." It documents bequests and retirement wealth in the SCF and the PSID. [PDF paper] [PDF tables]

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Other Topics

Validation of IPUMS International Industry and Education Data

The Intergenerational Persistence of Lifetime Earnings

The Economic Performance of Immigrants: A Theory of Assortative Matching

International Economic Review, 2001, 42(2): 417-49. [Bibtex citation]

Equipment Investment and Growth in Developing Countries

Journal of Development Economics 2000, (61)2: 335-364. [Bibtex citation]

Why Do Hours Worked Differ Across Countries? Evidence from U.S. Immigrants

[PDF paper] [First draft: November 2004]

[postwar] [work]