challenge is to understand the obstacles undermining the development of skill in black and Hispanic children in primary and … secondary school. Second, analyzing ten large datasets that include children ranging in age from eight months old to seventeen … assessments used. The gap does not exist in the first year of life, but black students fall behind quickly thereafter and …

This paper estimates the impact of income on the long-term care utilization of elderly Americans using a natural … positive permanent income shock lowers nursing home use but increases the utilization of paid home care services. We find some … estimates suggests that moderate reductions in post-retirement income would significantly alter long-term utilization patterns …

, and difficulty in identifying which of several mechanisms (returns, bargaining power, income, etc.) link the two. To …

We show how technical change, measured as a shift in the GDP function, is combined with net income to track welfare … terms of net product functions: although the relevant income measure is net of depreciation, productivity is measured based … on gross output. We show that net product, net income, net expenditure and productivity change are complements, not …

Using data from the Panel Study of Income Dynamics (PSID) we specify, estimate and simulate a dynamic structural model … how consumer behavior responds to house price and income declines as well as tightening credit. These experiments are … motivated by the U.S. recession starting in December of 2007 that saw large falls in home prices, large negative income shocks …

The intergenerational elasticity of income is generally considered one of the best summary measures of the degree to … equilibrium level of mobility. Contrary to what it is generally assumed, a low correlation between father income and son income is … clarifies the structural parameters behind the widely studied intergenerational elasticity of income in terms of political …

choices over the life cycle. We start by analyzing the theoretical impact of income changes on consumption - highlighting the … contributions, distinguishing between papers that use only income data and those that use both income and consumption data. The … and identify the income process or the information set of the individuals. Second, one can assume that the income process …

environment and to liability pressures. Regression analysis finds that liability pressure increases reports of income and practice … reductions, but direct effects on actual income and productivity are less clear. Liability pressures may lead to a specialization …

earlier years of schooling, or whether education raises health directly or through income or wealth. In this paper, I examine … how the timing of educational attainment is important for adult health outcomes, income, and wealth, in order to … pronounced for income and wealth. In the full sample, the marginal effects on the probability of fair or poor health at age 55 of …