Description
Book SynopsisTrade Review"Caselli—in his compact, but rich and inspiring compendium—proposes a fascinating universal framework which takes into consideration differences existing (and changing in time) across countries in terms of capital (natural and physical) and labor (skilled and unskilled)."
---Mariacristina Piva, Journal of EconomicsTable of ContentsPreface ix 1 Introduction and Preliminaries 1 Part I Technology Differences across Space 2 Skilled and Unskilled Labor 17 3 Natural and Reproducible Capital 40 4 Capital and Labor 48 Part II Interpreting Technology Differences 5 An Endogenous Technology Framework 67 Part III Technology Differences over Time 6 Skilled Labor, Unskilled Labor, and Experience over Time 83 7 Skills and Capital over Time and across Countries 95 8 Conclusions 102 Appendix A. Proofs and Calculations 105 Appendix B. A New Data Set on Mincerian Returns (with Jacopo Ponticelli and Federico Rossi) 108 References 119 Index 125