Skip to the content

Kansas State University

economicshome
economics

Tabs

Breadcrumbs

Publications


Public education expenditures, taxation, and growth: Linking data to theory.

Allocating government education expenditures across K-12 and college education.

How different is the cyclical behavior of home production across countries?

Labor market trends with balanced growth.

A simple economic theory of skill accumulation and schooling decisions.

Public schooling, college subsidies and growth.

Public education expenditures and growth.

School finance litigation, tax and expenditure limitations, and education spending: an empirical analysis.

The interrelatedness of tax and expenditure limitations and education finance reform.

The welfare implications of factor taxation with rising wage inequality.

Can real world interest rates explain business cycles in small open economies?

A welfare analysis of policy responses to the skilled wage premium.

 

Lorem ipsum

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Labor market trends with balanced growth.

With Steve Cassou, Journal of Economic Dynamics and Control. May 2006, Vol 30, pp. 807-842.

Abstract: Well-known stylized facts have led to widespread use of the balanced growth concept. Recently, labor market trends including rising educational attainment and share of the labor force considered skilled have cast doubt upon balanced growth as an appropriate baseline. This paper develops a version of the neoclassical growth model that allows these labor market dynamics to occur jointly with balanced growth in output. Along the balanced growth path, skill-biased technological change drives rising skill and education levels. Relative prices of goods adjust so that growth in the value of total output is unaffected by these labor market changes. Several plausible foundations for skill-biased technological change are offered.