Manufacturing generates very little employment in the developing world. Urban jobs are predominantly informal, unproductive, and in services. It seems unlikely that manufacturing…
The future of developing countries lies in services. Enhancing productivity in labor-absorbing services in particular must be an essential priority, for reasons of both growth and…
December 8, 2023, Opinion: "Manufacturing industries are no longer the labor-absorbing sectors they used to be, and that is a big problem for developed and developing economies…
This paper reviews and synthesizes the literature on the macroeconomic implications of human capital theory. I begin with a review of the canonical model of education and the wage…
Previous research finds that the greater geographic mobility of foreign than native-born workers following economic shocks helps to facilitate local labor market adjustment to…
This book collects the main papers written by George Borjas on the economics of immigration during a decades-long career. Although there was little interest in immigration issues…
September 28, 2022, Opinion: "For decades the service sector has driven the economy in the United States. Is there a role for industrial policy in sustaining this growth? Dani…
This chapter summarizes existing evidence on the link between education and innovation and presents open questions for future research. After a brief review of theoretical…
Employment rates fell dramatically between March and April 2020 as the initial shock of the Covid-19 pandemic reverberated through the U.S. labor market. This paper uses data from…
June 2021, Paper: "Capitalism is not a rigid system. It has evolved and changed over time, shaped by local history, social pressures, and crises. Today, it is commonplace to…
