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Cited by 363

The DOI matches its Crossref record; 44 of the 44 references it cites were found in a registry or an index.

What Does Human Capital Do? A Review of Goldin and Katz's The Race between Education and Technology

Acemoglu, Daron, Autor, David·2012·Journal of Economic Literature
DOI 10.1257/jel.50.2.426
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Abstract

Goldin and Katz's The Race between Education and Technology is a monumental achievement that supplies a unified framework for interpreting how the demand and supply of human capital have shaped the distribution of earnings in the U.S. labor market over the twentieth century. This essay reviews the theoretical and conceptual underpinnings of this work and documents the success of Goldin and Katz's framework in accounting for numerous broad labor market trends. The essay also considers areas where the framework falls short in explaining several key labor market puzzles of recent decades and argues that these shortcomings can potentially be overcome by relaxing the implicit equivalence drawn between workers' skills and their job tasks in the conceptual framework on which Goldin and Katz build. The essay argues that allowing for a richer set of interactions between skills and technologies in accomplishing job tasks both augments and refines the predictions of Goldin and Katz's approach and suggests an even more important role for human capital in economic growth than indicated by their analysis. (JEL I20, J24, J31, O30)

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Metadata

Authors
Acemoglu, D., & Autor, D.
Venue
Journal of Economic Literature
Publisher
American Economic Association
Published
2012-06-01
Volume
50
Issue
2
Pages
426-463
ISSN
0022-0515 (ISSN-L)
DOI
10.1257/jel.50.2.426
OpenAlex
W3123334052
Cited by
363
References
44
FWCI
48.48
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: What Does Human Capital Do? A Review of Goldin and Katz's The Race between Education and Technology. https://app.cochat.ai/papers/10.1257/jel.50.2.426
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Acemoglu, D., & Autor, D. (2012). What Does Human Capital Do? A Review of Goldin and Katz's The Race between Education and Technology. Journal of Economic Literature. https://doi.org/10.1257/jel.50.2.426

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.