Making use of performance data for baseball players, this article provides empirical evidence in support of Lazear's (1998) theoretical predictions that (1) risky workers will earn a premium for their upside potential, (2) this risk premium will be higher the longer a worker's work life, and (3)...

Abstract This paper considers the use of multiple proxy measures for an unobserved variable and contrasts the approach taken in the measurement error literature to that of the model specification literature. We find that including all available proxy variables in the regression minimizes the...

Hedonic office rent models are estimated using data for Atlanta that span the years 1990-96. Controlling for typical building characteristics and lease terms, we find that variables measuring locational differences in wage rates, transport rates and proximity to concentrations of support...

Earnings nonresponse in the Current Population Survey is roughly 30% in the monthly surveys and 20% in the March survey. If nonresponse is ignorable, unbiased estimates can be achieved by omitting nonrespondents. Little is known about whether CPS nonresponse is ignorable. Using sample frame...