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Record W3123569178

A Century of Human Capital and Hours

2012· preprint· en· W3123569178 on OpenAlexaff
Diego Restuccia, Guillaume Vandenbroucke

Bibliographic record

VenueRePEc: Research Papers in Economics · 2012
Typepreprint
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic Growth and Productivity
Canadian institutionsUniversity of Toronto
Fundersnot available
KeywordsLife expectancyHuman capitalEconomicsWageProductivityEducational attainmentDemographic economicsWork hoursLabour economicsWorking hoursHourly wageDemographyPopulationSociologyEconomic growth
DOInot available

Abstract

fetched live from OpenAlex

A person in the United States born in the second half of the nineteenth century completed about 7 years of schooling and spent an average of 58 hours a week working in the market. By contrast, at the end of the twentieth century, people completed close to 14 years of schooling and spent about 40 hours a week working. In the span of 100 years, completed years of schooling doubled and working hours decreased by 31 percent. What explains these trends? We develop a model of human capital and labor supply to quantitatively assess the contribution of exogenous variations in productivity (wage) growth and life expectancy in accounting for the secular increase in educational attainment and the decrease in hours of work. We find that the observed increase in wages and life expectancy account for 87 percent of the increase in years of schooling and 88 percent of the reduction in hours of work. The increase in wages alone accounts for no less than 67 percent of the trend in schooling, and 98 percent of the decline in hours. While changes in life expectancy matter less, their contribution to the increase in schooling is not negligible: no less than 6 percent. Preliminary and incomplete. We thank Claudia Goldin and Larry Katz for sharing their data on years of schooling by birth cohort.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.002
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.008
Threshold uncertainty score0.018

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0000.002
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0010.002
Scholarly communication0.0020.002
Open science0.0000.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0060.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.048
GPT teacher head0.285
Teacher spread0.237 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2012
Admission routes1
Has abstractyes

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