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作者:Finkelstein, Amy; Notowidigdo, Matthew J.; Schilbach, Frank; Zhang, Jonathan
作者单位:Massachusetts Institute of Technology (MIT); National Bureau of Economic Research; University of Chicago; Duke University
摘要:We leverage spatial variation in the severity of the Great Recession across the United States to examine its impact on mortality and explore the quantitative implications. We estimate that an increase in the unemployment rate of the magnitude of the Great Recession reduces the average annual age-adjusted mortality rate by 2.3%, with effects persisting for at least 10 years. Mortality reductions appear across causes of death and are concentrated in the half of the population with a high school ...
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作者:Lane, Nathan
作者单位:University of Oxford; Leibniz Association; Ifo Institut
摘要:I study the effect of industrial policies on industrial development by considering an important episode during the East Asian miracle: South Korea's heavy and chemical industry (HCI) drive, 1973-1979. Based on newly assembled data, I use the introduction and termination of industrial policies to study their effects during and after the intervention period. I reveal that HCI policies promoted the expansion and dynamic comparative advantage of directly targeted industries. Using variation in exp...
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作者:Derenoncourt, Ellora; Weil, David
作者单位:Princeton University; Brandeis University
摘要:Low unionization rates, a falling real federal minimum wage, and outsourcing have hampered wage growth in the low-wage sector in the United States for several decades. In recent years (2014-2023), a number of large private retailers-including some of the largest employers in the United States-have opted to institute or raise company-wide, voluntary minimum wages (VMWs) for their employees. We use anonymized payroll data from a large credit bureau and a major payroll provider to study the effec...
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作者:Feigenbaum, James; Palmer, Maxwell; Schneer, Benjamin
作者单位:Boston University; National Bureau of Economic Research; Boston University; Harvard University
摘要:Does family history matter for policy making in democracies? Linking members of Congress (MCs) to the census, we observe countries of birth for members, their parents, and their grandparents, allowing us to measure ancestry for the politicians in office when U.S. immigration policy changed dramatically, from closing the border in the 1920s to reshaping admittance criteria in the 1960s. We find that legislators descended from immigrant parents or grandparents support more permissive immigration...
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作者:Vogel, Jonathan
作者单位:University of California System; University of California Los Angeles
摘要:What is the effect of the real minimum wage on wages and inequality? I develop a theory that nests the race between education and technology. The theory predicts that the effect of changes in minimum wages is initially small but grows over time. I present empirical evidence of these dynamic effects: the elasticity of real wages grows substantially over a three-year period. I show that minimum wages help rationalize a considerable decline in real wages of low-education workers in the 1980s and ...