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Todd Schoellman

Researcher at Federal Reserve Bank of Minneapolis

Publications -  49
Citations -  1044

Todd Schoellman is an academic researcher from Federal Reserve Bank of Minneapolis. The author has contributed to research in topics: Human capital & Wage. The author has an hindex of 15, co-authored 46 publications receiving 864 citations. Previous affiliations of Todd Schoellman include Stanford University & Clemson University.

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Education Quality and Development Accounting

TL;DR: This article used the returns to schooling of foreign-educated immigrants in the U.S. to measure the education quality of their birth country, and showed that cross-country differences in education quality are roughly as important as cross country differences in years of schooling in accounting for output per worker differences, raising the total contribution of education from 10% to 20% of output per workers differences.
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Life Cycle Wage Growth across Countries

TL;DR: The authors found that experience-wage profiles are on average twice as steep in rich countries as in poor countries, and that more educated workers have steeper profiles than the less educated; this accounts for around one third of cross-country differences in aggregate profiles.
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Why is Measured Productivity so Low in Agriculture

TL;DR: In this paper, the authors assess whether this well-known fact implies that labor is mis-allocated between the two sectors and make several observations that suggest otherwise, including that labor productivity in agriculture is considerably lower than in the rest of the economy.
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Experience Matters: Human Capital and Development Accounting

TL;DR: This article found that experience-wage profiles are flatter in poorer countries than in richer countries and the most likely explanation for both findings is that workers accumulate less human capital from experience in poor countries.
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Wages, Human Capital, and Barriers to Structural Transformation

TL;DR: This article found that average wages are considerably lower in agriculture than in other sectors and that agriculture has less educated workers and lower Mincer returns than other sectors, and they view these findings through the lens of a multi-sector model in which workers differ in observed and unobserved characteristics and sectors differ in their human capital intensities.