-
作者:Grogger, Jeffrey
作者单位:University of Chicago
摘要:One rationale for work-focused welfare reform was human capital theory: work today should raise experience tomorrow, which should raise future wage offers and reduce welfare dependency. Yet few studies have estimated the effect of welfare reform on wages. I approach the problem using a novel sample selection estimator based on reservation wage data. Reservation wages solve the selection problem using bivariate censored regression methods without the need for exclusion restrictions. Whereas OLS...
-
作者:Lee, Chul-In; Solon, Gary
作者单位:Seoul National University (SNU); Michigan State University
摘要:Previous studies of recent U. S. trends in intergenerational income mobility have produced widely varying results, partly because of large sampling errors. By making more efficient use of the available information in the Panel Study of Income Dynamics, we generate more reliable estimates of the recent time series variation in intergenerational mobility. Our results, which pertain to the cohorts born between 1952 and 1975, do not reveal major changes in intergenerational mobility.
-
作者:Weitzman, Martin L.
作者单位:Harvard University
摘要:With climate change as prototype example, this paper analyzes the implications of structural uncertainty for the economics of low-probability, high-impact catastrophes. Even when updated by Bayesian learning, uncertain structural parameters induce a critical tail fattening of posterior-predictive distributions. Such fattened tails have strong implications for situations, like climate change, where a catastrophe is theoretically possible because prior knowledge cannot place sufficiently narrow ...
-
作者:Dustmann, Christian; Schoenberg, Uta
作者单位:University of London; University College London
摘要:This paper investigates whether unions, through imposing wage floors that lead to wage compression, increase on-the-job training. Our analysis focuses on Germany. Based on a model of unions and firm-financed training, we derive empirical implications regarding apprenticeship training intensity, layoffs, wage cuts, and wage compression in unionized and nonunionized firms. We test these implications using firm panel data matched with administrative employee data. We find support for the hypothes...
-
作者:Earle, John S.; Peter, Klara Sabirianova
作者单位:Central European University; University System of Georgia; Georgia State University
摘要:We present and estimate a model with strategic complementarities in firms' choices of on-time or delayed wage payment. Linked employer-employee panel data from Russia facilitate identification of the endogenous interactions through fixed effects for firms, workers, and local labor markets, and instrumental variables based on policy interventions. The estimated reaction function displays strongly positive neighborhood effects, and the estimated feedback loops-worker quits, effort, strikes, and ...
-
作者:Harrigan, James; Barrows, Geoffrey
作者单位:University of Virginia; University of California System; University of California Berkeley
摘要:Quota restrictions on United States imports of apparel and textiles under the multifiber arrangement (MFA) ended abruptly in January 2005. This change in policy was large, predetermined, and fully anticipated, making it an ideal natural experiment for testing the theory of trade policy. Prices of quota-constrained categories from China fell by 38% in 2005, with smaller declines from other exporters. Prices in unconstrained categories from all countries changed little. We also find substantial ...
-
作者:Bobonis, Gustavo J.; Finan, Frederico
作者单位:University of Toronto; University of California System; University of California Berkeley; National Bureau of Economic Research
摘要:This paper identifies neighborhood peer effects on children's school enrollment decisions using experimental evidence from the Mexican PROGRESA program. We use exogenous variation in the school participation of program-eligible children to identify peer effects on the schooling decisions of ineligible children residing in treatment communities. We find that peers have considerable influence on the enrollment decisions of program-ineligible children, and these effects are concentrated among chi...
-
作者:Iranzo, Susana; Peri, Giovanni
作者单位:University of California System; University of California Davis; National Bureau of Economic Research
摘要:The literature on schooling externalities in U. S. cities and states is rather mixed: positive external effects of average education levels are hardly found while positive externalities from the share of college graduates are more often identified. We propose a simple model to reconcile this mixed evidence. Our model predicts positive externalities from increased college education and negligible external effects from high school education. Using compulsory attendance/child labor laws, push-dri...
-
作者:Antonovics, Kate; Knight, Brian G.
作者单位:University of California System; University of California San Diego; Brown University
摘要:This paper provides new evidence on racial profiling using information on the race of both motorists and officers. Extending the model of Knowles, Persico, and Todd (2001), we develop a new test for distinguishing between preference-based and statistical discrimination. Our test is based on the notion that if search decisions are driven purely by statistical discrimination, then they should be independent of officer race. Our results, by contrast, demonstrate that officers are more likely to s...
-
作者:Joyce, Ted
作者单位:National Bureau of Economic Research; City University of New York (CUNY) System; Baruch College (CUNY)
摘要:I first replicate Donohue and Levitt's results for violent and property crime arrest rates. I apply their data and specification to an analysis of age-specific homicide rates and murder arrest rates. The coefficients on the abortion rate have the wrong sign for two of the four measures of crime and none is statistically significant at conventional levels. I then use the legalization of abortion in 1973 to exploit two sources of variation: between-state changes in abortion rates before and afte...