• Explaining the evolution of educational attainment in the U.S. 

    Castro, Rui; Coen-Pirani, Daniele (Université de Montréal. Département de sciences économiques., 2014-07)
    We study the evolution of educational attainment of the 1932–1972 cohorts using a calibrated model of investment in human capital with heterogeneous learning ability. The inter-cohort variation in schooling is driven by changes in skill prices, tuition, ...
  • On the Political Economy of Sequential Reforms 

    Castro, Rui; Coen-Pirani, Daniele (Université de Montréal. Département de sciences économiques., 2001)
    This paper proposes an explanation for why efficient reforms are not carried out when losers have the power to block their implementation, even though compensating them is feasible. We construct a signaling model with two-sided incomplete information ...
  • Why Have Aggregate Skilled Hours Become So Cyclical Since the Mid-1980's? 

    Castro, Rui; Coen-Pirani, Daniele (Université de Montréal. Département de sciences économiques., 2005)
    This paper documents and discusses a dramatic change in the cyclical behavior of aggregate hours worked by individuals with a college degree (skilled workers) since the mid-1980’s. Using the CPS outgoing rotation data set for the period 1979:1-2003:4, ...