NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Prizes for Basic Research -- Human Capital, Economic Might and the Shadow of History

Joshua Aizenman, Ilan Noy

NBER Working Paper No. 12226
Issued in May 2006

---- Acknowledgements -----

We would like to thank Arnaud Dellis, Carlos Dobkin, Reuven Glick, Tim Halliday, Kyle Hampton, Lori Kletzer, Justin Marion, Andy Mason, Katya Sherstyuk, Mark Spiegel, Xiaojun Wang, John Williams, Donald Wittman and the seminar participants at UCSC, UHM and SF FED for their comments and suggestions; and Maxim Belenkiy, Jake Kendall and Yan Zhou for excellent research assistance. Useful comments by two anonymous reviewers are gratefully acknowledged. Any errors are ours. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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