Long-Run Substitutability between More and Less Educated Workers: Evidence from U.S. States 1950-1990

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dc.contributor.author	Ciccone, Antonio
dc.contributor.author	Peri, Giovanni
dc.contributor.other	Universitat Pompeu Fabra. Departament d'Economia i Empresa
dc.date.accessioned	2012-07-11T02:08:11Z
dc.date.available	2012-07-11T02:08:11Z
dc.date.issued	2005-09-15T23:42:23Z
dc.identifier.uri	http://hdl.handle.net/10230/1238
dc.description.abstract	We estimate the aggregate long-run elasticity of substitution between more and less educated workers (the slope of the demand curve for more relative to less educated workers) at the US state level. Our data come from the (five)1950-1990 decennial censuses. Our empirical approach allows for state and time fixed effects and relies on time and state dependent child labor and compulsory school attendance laws as instruments for (endogenous) changes in the relative supply of more educated workers. We find the aggregate long-run elasticity of substitution between more and less educated workers to be around 1.5.
dc.language.iso	eng
dc.rights.uri	Aquest document està subjecte a una llicència d'ús de Creative Commons, amb la qual es permet copiar, distribuir i comunicar públicament l'obra sempre que se'n citin l'autor original, la universitat i el departament i no se'n faci cap ús comercial ni obra derivada, tal com queda estipulat en la llicència d'ús (http://creativecommons.org/licenses/by-nc-nd/2.5/es/)
dc.subject.other	Elasticity of Substitution, Education, U.S. States, Skill Biased Technological Change
dc.title	Long-Run Substitutability between More and Less Educated Workers: Evidence from U.S. States 1950-1990
dc.type	info:eu-repo/semantics/workingPaper
dc.date.modified	2012-07-10T07:27:32Z