Showing 1 - 10 of 118
Most integration programs transfer students between schools within districts. In this paper, we study the impact of Metco, a long-running desegregation program that sends mostly black students out of the Boston public school district to attend schools in more affluent suburban districts. We...
Persistent link: https://www.econbiz.de/10013231576
Among college graduates, teachers have both low average AFQT and high average risk aversion, perhaps because the compression of earnings within teaching attracts relatively risk-averse individuals. Using a dynamic optimization model with unobserved heterogeneity, we show that were it possible to...
Persistent link: https://www.econbiz.de/10012913379
We use the exchange between Kearney/Levine and Jaeger/Joyce/Kaestner on “16 and Pregnant” to reexamine the use of DiD as a response to the failure of nature to properly design an experiment for us. We argue that 1) any DiD paper should address why the original levels of the experimental and...
Persistent link: https://www.econbiz.de/10012914249
We replicate nine key results from the happiness literature: the Easterlin Paradox, the ‘U-shaped' relation between happiness and age, the happiness trade-off between inflation and unemployment, cross-country comparisons of happiness, the impact of the Moving to Opportunity program on...
Persistent link: https://www.econbiz.de/10012914253
This paper replicates and extends our earlier analysis of dual market theory. We use a technique which estimates for each worker a probability of being in the primary sector on the basis of his characteristics. We use this information to determine the occupational and industrial composition of...
Persistent link: https://www.econbiz.de/10013218336
Under the standard competitive model, a tax change affecting workers with highly inelastic labor supply, will lower earnings by the entire nominal employer share of the tax increase. If wages play a motivational role but the market still clears, the range of possible outcomes is broader but...
Persistent link: https://www.econbiz.de/10013218401
We propose a model that combines statistical discrimination and educational sorting that explains why blacks get more education than do whites of similar cognitive ability. Our model explains the difference between blacks and whites in the relations between education and AFQT and between wages...
Persistent link: https://www.econbiz.de/10013221544
We subject our dual labor market model to a goodness of test fit and compare the results with those obtained using a single equation model with a complex error structure. The dual labor market does an excellent job of predicting the wage distribution except for failing to explain bunching at...
Persistent link: https://www.econbiz.de/10013224957
Almost all labor supply models are estimated under the assumption that workers are free to choose their hours. However, theory, casual empiricism and survey data suggest that many workers are not free to vary the hours within a job. Consequently, labor supply estimates based on actual hours of...
Persistent link: https://www.econbiz.de/10013236813
Since applying for jobs is costly, workers prefer applying where their employment probability is high and, therefore, to jobs attracting fewer higher quality applicants. Since creating vacancies is expensive, firms create more vacancies when job-seeking is high. Our model captures these ideas...
Persistent link: https://www.econbiz.de/10013240959