Manuelli and Seshadri, Human capital and the wealth of nations, AER 2014
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+country_ms
+eqn_ms
+equil_ms
+param_ms
+results_ms
@SchoolProblemMS
archive
ChildCareMS.m
ChildCareMsTest.m
CountryParamsMs.m
OutputTechMs.m
OutputTechMsTest.m
README.md
SchoolProblemMsTest.m
bracket_term_ms.m
cal_dev_ms.m
cal_dev_ms_test.m
calibr_ms.m
calibr_ms_test.m
const_ms.m
equil_show_ms.m
equilibrium_ms.m
equilibrium_ms_test.m
factor_prices_ms.m
factor_prices_ms_test.m
hbar_ms.m
hbar_ms_test.m
hh_ms_test.m
hh_solve_all_ms.m
hh_solve_ms.m
hh_xs_ms.m
init_ms.m
load_ms.m
m_age_ms.m
ojt_solve_ms.m
ojt_solve_ms_test.m
param_derived_ms.m
param_load_ms.m
param_set_ms.m
phi_age_ms.m
prices_ms.m
run_all_ms.m
s_output_ms.m
show_profiles_ms.m
test_all_ms.m
var_fn_ms.m
var_load_ms.m
var_load_ms_test.m
var_save_ms.m

README.md

Code to Replicate Manuelli/Seshadri (2014 AER)

Note: The code is only correct for the case where schooling and job training share the same technology and where p_w > p_s. If p_w < p_s, there is a phase with n = 1 at the start of job training. The model does not handle this case.