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作者:[Anonymous]
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作者:ALTONJI, JG
摘要:This article treats education as a sequential choice that is made under uncertainty. A simple model is used to explore the effects of ability, high school preparation, preferences for schooling, the borrowing rate, and ex post payoffs to college on the probability of various post-secondary college outcomes and the ex ante return to starting college. The model motivates an empirical method of accounting for uncertainty about educational outcomes and for nonlinearity in the relationship between ...
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作者:VELLA, F
摘要:This article argues that the negative relationship between weekly hours worked and the gross hourly wage rate is due to the provision of fringe benefits. As the total weekly wage increases, employers and employees avoid taxation by substituting wages with nontaxable, nonwage benefits. I produce a wage that incorporates the benefit effects and estimate the corresponding labor-supply elasticities. An estimator is presented for the wage/hours market locus and the structural labor-supply function....
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作者:ALLEN, DW
摘要:Canada has a universal social assistance program that is almost completely administered through the federal Canada Assistance Program. However, provinces determine the levels of assistance for various groups eligible for welfare. This article exploits the variation in payments and uses microdata to estimate the effect of changes in welfare benefits on welfare participation, single parenthood, births out of wedlock, divorce, and labor force participation among low-income women. In Canada, it wo...
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作者:MAIN, BGM; OREILLY, CA; WADE, J
作者单位:Stanford University; University of California System; University of California Berkeley; University of Illinois System; University of Illinois Urbana-Champaign
摘要:Tournament mechanisms suggest the need for ever larger rewards to motivate those at the highest organizational levels. But arguments for the efficiency of executive pay compression have also been made. This study reports the results of an empirical investigation of executive compensation using over two-hundred firms and in excess of two thousand executives per year over a 5-year period. Results are consistent with the operation of tournaments but fail to find support for the empirical importan...
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作者:ROSENZWEIG, MR; WOLPIN, KI
作者单位:New York University
摘要:This article examines the resource allocations of parents in the form of both shared residence with and financial transfers to their young adult sons. Based on an overlapping generations model incorporating a game between parents and adult children, estimates of the determinants of such transfers are obtained from the kinship-linked cohorts of the National Longitudinal Surveys. The estimates suggest that both types of parental assistance are as important as governmental transfers in supporting...
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作者:DAVIDSON, C; WOODBURY, SA
作者单位:W.E. Upjohn Institute for Employment Research
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作者:OSBERG, L
摘要:This article examines the job-search methods of jobless workers and emphasizes sample selectivity in choice of job-search strategies (especially use of public employment agencies). Longitudinal data from the Labour Force Survey of Canada for 1981, 1983, and 1986 indicate that job-search methods change with the business cycle and that many people find jobs without any reported search. The determinants of job-search success also vary substantially over the business cycle, implying a substantial ...
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作者:LIPSET, SM
作者单位:George Mason University
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作者:DANZON, PM
摘要:A review of previous analyses of labor supply effects of Social Security Disability Insurance (Df) concludes that estimates of labor supply effects and net social costs are upward biased because they ignore interactions between DI and other insurances. A model of optimal insurance, postinjury accommodations, and labor supply shows that reduction in labor supply and increase in consumption when disabled do not necessarily imply moral hazard. Optimal postinjury accommodations vary inversely with...