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Using the census survival method to calculate net flows across employment states between 1900 and 1910, we find that approximately one-fifth of all men who reached the age of 55 eventually retired before their death. Many of these retirees appear to have planned their withdrawal from paid...
Persistent link: https://www.econbiz.de/10005723394
We argue that the enumerators' occupational returns from the important census of 1880 were heavily edited prior to publication. The effect was to substantially reduce the number of individuals reported with an occupation. For youthful and older males and all women the editing was so substantial...
Persistent link: https://www.econbiz.de/10005723411
Combining theoretical work with careful historical description and analysis of new data sources, History Matters makes a strong case for a more historical approach to economics, both by argument and by example. Seventeen original essays, written by distinguished economists and economic...
Persistent link: https://www.econbiz.de/10014477974
We present new evidence to support our earlier finding that there was no appreciable trend in the rate of retirement for American men between 1870 and 1930. The data suggests that Jon Moen's claim that retirement increased appreciably during this period is mistaken. Moen's critique of our...
Persistent link: https://www.econbiz.de/10005589264
Since One Kind of Freedom was published in 1977 there have been enormous advances in computer technology and statistical software, and an impressive expansion of micro-level historical data sets. In this essay we reconsider' our earlier findings on the consequences of emancipation in terms of...
Persistent link: https://www.econbiz.de/10005723405
Neglected, but significant, the long-run consequence of the minimum wage - which was made national policy in the United States in 1938 - is its stimulation of capital deepening. This took two forms. First, the engineered shortage of low-skill, low-paying jobs induced teenagers to invest in...
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