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Education, Skills, and Technical Change:

  Implications for Future U.S. GDP Growth

Sponsored by the NBER Conference on Research in Income and Wealth

Charles Hulten and Valerie Ramey, Organizers

October 16-17, 2015

Hyatt Regency Bethesda
Cabinet / Judiciary Suite
One Bethesda Metro Center
Bethesda, MD




Participant List


Friday, October 16

8:30 am

Continental Breakfast

Introduction and Overview

9:00 am

Introduction to the Conference

Charles Hulten, University of Maryland and NBER

Valerie Ramey, University of California at San Diego and NBER 
Skills, Education, and U.S. Economic Growth: Are U.S. Workers Being Adequately Prepared for the 21st Century World of Work?

The Macroeconomic Link between Education and Future GDP Growth

9:45 am

Canyon Bosler, Federal Reserve Bank of San Francisco
Mary Daly, Federal Reserve Bank of San Francisco
John Fernald, Federal Reserve Bank of San Francisco
Bart Hobijn,
Arizona State University
The Outlook for U.S. Labor Quality Growth

10:05 am


10:20 am

Dale Jorgenson, Harvard University
Mun Ho, Resources for the Future
Jon Samuels, Bureau of Economic Analysis
Education, Participation, and the Revival of U.S. Economic Growth

10:40 am

Discussant for the Session:  Douglas Elmendorf, Harvard University            

11:20 am


The Link between Future Skills Requirements and Jobs

11:45 am

Jaison Abel, Federal Reserve Bank of New York

Richard Deitz, Federal Reserve Bank of New York

Underemployment in the Early Careers of College Graduates Following the Great Recession


Discussant:  Till von Wachter, University of California at Los Angeles and NBER

12:30 pm

Lunch - Concours Terrace



1:30 pm

Maury Gittleman, Bureau of Labor Statistics
Kristen Monaco, Bureau of Labor Statistics
Nicole Nestoriak, Bureau of Labor Statistics
The Requirements of Jobs: Evidence from a Nationally Representative Survey

Discussant:  Erica Groshen, Bureau of Labor Statistics

Skills, Inequality, and Polarization

2:15 pm

Shelly Lundberg, University of California at Santa Barbara 

Non-Cognitive Skills as Human Capital

Discussant:  David Deming, Harvard University and NBER

3:00 pm


3:15 pm

Stijn Broecke, OECD
Glenda Quintini, OECD
Marieke Vandeweyer,
KU Leuven
Wage Inequality and Cognitive Skills: Re-Opening the Debate

Discussant:  Frank Levy,
Massachusetts Institute of Technology

4:00 pm

Robert Valletta, Federal Reserve Bank of San Francisco
Recent Flattening in the Higher Education Wage Premium: Polarization, Deskilling, or Both?

Discussant:  David Autor,
Massachusetts Institute of Technology and NBER

4:45 pm


5:00 pm

CRIW Members Meeting

6:30 pm

Reception – Ballroom Foyer

7:00 pm

Farewell Dinner for Charles Hulten – Haverford Suite

Saturday, October 17

8:30 am

Continental Breakfast

Skill Acquisition outside of Traditional Education

9:00 am

Gordon Hanson, University of California at San Diego and NBER
Matthew Slaughter, Dartmouth College and NBER
High-Skilled Immigration and the Rise of STEM Occupations in US Employment

Discussant:   John Bound, University of Michigan and NBER

9:45 am


Caroline Hoxby, Stanford University and NBER
Online Education, Labor Productivity, and Technological Innovation


Discussant:   Nora Gordon, Georgetown University and NBER

10:30 am


10:45 am

Panel Discussion


Developing the Skills Needed for the Future Work Force Through Formal Education, Vocational Training, Apprenticeships, and On-The-Job-Training


Katharine Abraham, University of Maryland and NBER

Robert Lerman, American University

Eric Hanushek, Stanford University and NBER

12:00 pm

Lunch - Concours Terrace

Issues in the Structure of Education Returns and Financing

1:00 pm

Grey Gordon, Indiana University
Aaron Hedlund, University of Missouri
Accounting for the Rise in College Tuition

Discussant:  Sandy Baum, George Washington University

1:45 pm

Edward Wolff, New York University and NBER
School Spending and Student Performance in OECD Countries, 1998-2011

Discussant:  Eric Hanushek, Stanford University and NBER

2:30 pm