In this study we test whether leaving school in an economic downturn impacts self-esteem. Self-esteem is an important dimension of non-cognitive skill that economists have recently begun to examine. Previous work documents that leaving school in a downturn persistently depresses career outcomes,...

In this study we use the Health and Retirement Study (HRS) to test whether older adult smokers, defined as those 50 years and older, respond to cigarette tax increases. Our preferred specifications show that older adult smokers respond modestly to tax increases: a $1.00 (131.6%) tax increase...

We examine the extent to which assimilation and residential ethnic enclaves are associated with immigrant access to smoking-related fringe benefits. In particular, we consider access to office smoking bans and employer-sponsored smoking cessation programs. These worksite characteristics are...

This study investigates how admission rates to specialty substance abuse treatment facilities vary across the business cycle using administrative data from the Treatment Episodes Data Set between 1992 and 2010. We find that admission rates decrease in economic downturns. Our preferred...

A large literature has examined the healthcare consequences of obesity. A major barrier to careful study of these consequences is reliance on self-reported measures of weight and height. Previous research has developed algorithms to adjust for such error among working age adults. In this study...

A recent literature, e.g., Lady and Buck (2011), has shown that a qualitative analysis of a model’s structural and estimated reduced form arrays can provide a robust procedure for assessing if a model’s hypothesized structure has been falsified. This paper shows that the even...

In this study, we assess the long-run impact of labor market conditions at the time of school-leaving on marriage and fertility outcomes. We draw data from the National Longitudinal Survey of Youth 1979. Our sample left school between 1976 and 1989, and we use variation in the state unemployment...

Recent empirical studies have shown an increasing co-movement between fund and market liquidity, which is driven by common factors such as monetary shocks. Modeling this co-movement becomes desirable to evaluate policies relating to liquidity and financial instability. This paper establishes a...

A large experimental literature has arisen that shows significant differences in how men and women respond to economic contests. Non-experimental studies, however, frequently contradict the experimental findings. We use data from the ATP and WTA professional tennis tours (in which all contests...

This paper shows that a qualitative analysis can always be used in evaluating a model's validity both in general and compared to other hypothesized models. The analysis relates the sign patterns and possibly other information of hypothesized structural arrays to the sign pattern of the estimated...