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作者：Goodman, Joshua; Melkers, Julia; Pallais, Amanda
作者单位：Harvard University; National Bureau of Economic Research; University System of Georgia; Georgia Institute of Technology
摘要：Most research on online education compares student performance across online and in-person formats. We provide the first evidence that online education affects the number of people pursuing education by studying Georgia Tech's Online MS in Computer Science, the earliest model offering a highly ranked degree at low cost. A regression discontinuity in admission shows that program access substantially increases overall educational enrollment. By satisfying large, previously unmet demand for midca...
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作者：Fradkin, Andrey; Panier, Frederic; Tojerow, Ilan
作者单位：Boston University; McKinsey & Company; Universite Libre de Bruxelles; IZA Institute Labor Economics
摘要：We study the role of shocks to parental income in determining the labor market outcomes of children entering the labor market. We find that a child whose parent loses a job prior to the child's labor market entry is, on average, induced to work 9% more in the 3 years following labor market entry than a child whose parents lose a job after the child's entry. This effect is concentrated on the extensive margin and decreases in magnitude over time. We find no evidence that these shocks affect the...
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作者：Delaney, Judith M.; Devereux, Paul J.
作者单位：University of London; University College London; IZA Institute Labor Economics; University College Dublin; Trinity College Dublin; IZA Institute Labor Economics
摘要：Much evidence suggests that having more education leads to higher earnings in the labor market. However, there is little evidence about whether having more education causes employees to experience lower earnings volatility or shelters them from the adverse effects of recessions. We use a large British administrative panel data set to study the impact of the 1972 increase in compulsory schooling on earnings volatility over the life cycle. Our estimates suggest that men exposed to the law change...
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作者：Liu, Kai
作者单位：University of Cambridge
摘要：This paper shows that job mobility is a valuable channel that employed workers use to mitigate bad labor market shocks. I estimate a model of wage dynamics jointly with a dynamic model of employment and job mobility. The key feature of the model is the specification of wage shocks at the worker-firm-match level, for workers can respond to these shocks by changing jobs. I find that, relative to the variance of individual-level shocks, the variance of match-level shocks is large and the conseque...
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作者：Barlevy, Gadi; Neal, Derek
作者单位：Federal Reserve System - USA; Federal Reserve Bank - Chicago; University of Chicago; National Bureau of Economic Research
摘要：In many professional service firms, new associates work long hours while competing in up-or-out promotion contests. Our model explains why. We argue that the productivity of skilled partners in professional service firms (e.g., law, consulting, investment banking, and public accounting) is quite large relative to the productivity of their peers who are competent and experienced but not well suited to the partner role. Therefore, these firms adopt personnel policies that facilitate the identifi...
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作者：Yi, Junjian
作者单位：National University of Singapore
摘要：This paper studies the endogenous formation of intersibling altruism. The theory suggests that parental incentive to foster children's fraternal love is positively related to efficiency gains from more human capital investment in the more gifted child. The empirical analyses explore the plausibly exogenous within-twin difference in birth weight, a proxy for prenatal endowment. Consistent with the theory, the estimation results show that a larger difference in children's birth weight leads to m...
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作者：Pollak, Robert A.
作者单位：Washington University (WUSTL); National Bureau of Economic Research
摘要：This paper investigates marriage market equilibrium when bargaining in marriage (BIM) determines allocation within marriage. In contrast, the standard marriage market model assumes that prospective spouses make binding agreements in the marriage market (BAMM) that determine allocation within marriage. When BIM determines allocation within marriage, the appropriate framework for analyzing marriage market equilibrium is the Gale-Shapley matching model, not the Koopmans-Beckmann-Shapley-Shubik as...
