Long-run substitutability between more and less educated workers: Evidence from U.S. States 1950-1990

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The Review of Economics and Statistics, Vol. 87, No. 4 , pp. 652-663, November 2005
http://hdl.handle.net/10230/1238
To cite or link this document: http://hdl.handle.net/10230/1238
dc.contributor.author Ciccone, Antonio
dc.contributor.author Peri, Giovanni
dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
dc.date.issued 2004-06-01
dc.identifier.citation The Review of Economics and Statistics, Vol. 87, No. 4 , pp. 652-663, November 2005
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.relation.ispartofseries Economics and Business Working Papers Series; 764
dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
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 2014-06-03T07:14:11Z
dc.subject.keyword Macroeconomics and International Economics
dc.subject.keyword elasticity of substitution
dc.subject.keyword education
dc.subject.keyword u.s. states
dc.subject.keyword skill biased technological change
dc.rights.accessRights info:eu-repo/semantics/openAccess


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