开始:VCALENDAR版本:2.0 PRODID: / /学院Labor Economics//Zope//EN METHOD:PUBLISH CALSCALE:GREGORIAN BEGIN:VTIMEZONE TZID:Europe/Berlin BEGIN:DAYLIGHT TZOFFSETFROM:+0100 RRULE:FREQ=YEARLY;BYMONTH=3;BYDAY=-1SU DTSTART:19810329T020000 TZNAME:CEST TZOFFSETTO:+0200 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:+0200 RRULE:FREQ=YEARLY;BYMONTH=10;BYDAY=-1SU DTSTART:19961027T030000 TZNAME:CET TZOFFSETTO:+0100 END:STANDARD END:VTIMEZONE BEGIN:VEVENT UID:5721050962400@conference.iza.org LOCATION;CHARSET=UTF-8: DESCRIPTION:We evaluate the effect of technology, demographics and policy on the \ndifferential evolution of the skill premium and on the rise in education \ninvestment in France and the USA. For that purpose we use a computable \ngeneral equilibrium model with overlapping generations of individuals, and \nendogenous education decisions. Human capital is made of two substitutable \ncomponents, experience and education, both of them evolve endogenously over \ntime. We calibrate this model on the post-war period and run counterfactual \nexperiments to assess the effect of the different exogenous variables. \nFrench expansionary education policy boosted the supply of skills and kept \nthe skill premium low. On the contrary, increasing education costs in the US \ncontributed to increase wage differentials by reducing the supply of skills. \nAlso the skill biased technical shock appears delayed in France. \n SEQUENCE:1 X-APPLE-TRAVEL-ADVISORY-BEHAVIOR:AUTOMATIC SUMMARY:IZA Seminar: Changing returns to skill and experience in France and the US: a general equilibrium approach by Fr�d�ric Docquier (LISER) DTSTART;TZID=Europe/Berlin:20030422T000000 DTEND;TZID=Europe/Berlin:T000000 END:VEVENT END:VCALENDAR