BEGIN:VCALENDAR VERSION:2.0 METHOD:PUBLISH PRODID:-//Telerik Inc.//Sitefinity CMS 15.1//EN BEGIN:VTIMEZONE TZID:Eastern Standard Time BEGIN:STANDARD DTSTART:20251102T020000 RRULE:FREQ=YEARLY;BYDAY=1SU;BYHOUR=2;BYMINUTE=0;BYMONTH=11 TZNAME:Eastern Standard Time TZOFFSETFROM:-0400 TZOFFSETTO:-0500 END:STANDARD BEGIN:DAYLIGHT DTSTART:20250301T020000 RRULE:FREQ=YEARLY;BYDAY=2SU;BYHOUR=2;BYMINUTE=0;BYMONTH=3 TZNAME:Eastern Daylight Time TZOFFSETFROM:-0500 TZOFFSETTO:-0400 END:DAYLIGHT END:VTIMEZONE BEGIN:VEVENT DESCRIPTION:Diego Restuccia Professor of Economics\, University of Toronto In 1950\, the difference in average years of schooling between rich and po or countries was 8-fold\, and by 2005 it had declined to 2-fold yet the pe r-capita income gap did not decrease. What explains the educational attain ment differences across countries and their evolution over time? We develo p a model of human capital accumulation to quantitatively assess the impor tance of differences in productivity levels\, life expectancy\, and growth in explaining educational attainment across countries and over time. Cali brating the parameters of the model to reproduce the historical evolution of schooling and hours of work in the United States\, we find that the mod el with only differences in productivity levels accounts for 30 percent of the difference in schooling between rich and poor countries in 1950. The model also accounts for 50 percent of the faster growth in schooling level s over time in poor relative to rich countries. When we allow for differen ces in life expectancy\, the model accounts for close to 80 percent of the cross-country variation in schooling. Diego Restuccia is Professor of Eco nomics at the University of Toronto. \; He received his PhD in Economi cs from the University of Minnesota. His research investigates the role of productivity and human capital in explaining income differences across co untries. \; His work appears in\, among others\, the Quarterly Journal of Economics\, Review of Economic Studies\, and the American Economic Rev iew. DTEND:20101108T223000Z DTSTAMP:20260512T035052Z DTSTART:20101108T210000Z LOCATION: SEQUENCE:0 SUMMARY:TDPE Presents: Explaining Educational Attainment across Countries a nd over Time UID:RFCALITEM639141402522239274 X-ALT-DESC;FMTTYPE=text/html:Diego Restuccia Professor of Economics\, Unive rsity of Toronto In 1950\, the difference in average years of schooling be tween rich and poor countries was 8-fold\, and by 2005 it had declined to 2-fold yet the per-capita income gap did not decrease. What explains the e ducational attainment differences across countries and their evolution ove r time? We develop a model of human capital accumulation to quantitatively assess the importance of differences in productivity levels\, life expect ancy\, and growth in explaining educational attainment across countries an d over time. Calibrating the parameters of the model to reproduce the hist orical evolution of schooling and hours of work in the United States\, we find that the model with only differences in productivity levels accounts for 30 percent of the difference in schooling between rich and poor countr ies in 1950. The model also accounts for 50 percent of the faster growth i n schooling levels over time in poor relative to rich countries. When we a llow for differences in life expectancy\, the model accounts for close to 80 percent of the cross-country variation in schooling. Diego Restuccia is Professor of Economics at the University of Toronto. \; He received h is PhD in Economics from the University of Minnesota. His research investi gates the role of productivity and human capital in explaining income diff erences across countries. \; His work appears in\, among others\, the Quarterly Journal of Economics\, Review of Economic Studies\, and the Amer ican Economic Review. END:VEVENT END:VCALENDAR