How does one tell when rapid growth in house prices is caused by fundamental factors of
supply and demand and when it is an unsustainable bubble? In this paper, we explain how …

Using detailed plant-level data from the 1988 and 1993 Surveys of Manufacturing
Technology, this paper examines the impact of skill mix in US local labor markets on the use …

Despite significant poverty reductions in nonmetropolitan America during the 1990s, Census
2000 reports that hundreds of counties still possess high poverty rates. They have not only …

We construct firm-level data set with matched productivity and qualification data by linking
the Annual Business Inquiry and Employer Skills Survey for England. We first examine the …

Long-run per capita economic growth is driven by productivity growth. Major determinants of
productivity are investments in education and research, and the intensity of competition on …

Social returns to human capital Page 1 Moretti, Enrico Article Social returns to human capital
NBER Reporter Online Provided in Cooperation with: National Bureau of Economic Research …

Post-transitional labour markets of the Central and East European countries have been
characterised by marked regional differences. This paper will concentrate on the spatial …

We estimate the magnitude of knowledge spillovers generated by 4,764 academic
superstars in the life sciences onto their coauthors' research productivity. Using matched …

Executive summary Improving the skills of the workforce has, and will continue to be, a
crucial aspect of government policy. Previous influential studies, based mostly on aggregate …

We address four interrelated issues related to China's large and growing regional economic
disparity:(i) foreign direct investment,(ii) productivity spillovers from highproductivity …