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Early Life Environment and Racial Inequality in Education and Earnings in the United States

Chay, Kenneth Y. - 2014

Chay, Guryan and Mazumder (2009) found substantial racial convergence in AFQT and NAEP scores across cohorts born in the 1960's and early 1970's that was concentrated among blacks in the South. We demonstrated a close tracking between variation in the test score convergence across states and...

Persistent link: https://www.econbiz.de/10013046176

Immigration and the Economy of Cities and Regions

Lewis, Ethan - 2014

In this chapter we analyze immigration and its effect on urban and regional economies focusing on productivity and labor markets. While immigration policies are typically national, the effects of international migrants are often more easily identified on local economies. The reason is that their...

Persistent link: https://www.econbiz.de/10013048050

Unitization of Spatially Connected Renewable Resources

Kaffine, Daniel - 2015

Spatial connectivity of renewable resources induces a spatial externality in extraction. We explore the consequences of decentralized spatial property rights in the presence of spatial externalities. We generalize the notion of unitization - developed to enhance cooperative extraction of oil and...

Persistent link: https://www.econbiz.de/10013038597

Regional Transfers

Corbi, Raphael B. - 2014

We exploit a series of discontinuities, at several population thresholds, in the allocation mechanism of federal transfers to municipal governments in Brazil to identify the causal effect of municipal spending on local labor markets, using a ‘fuzzy' regression discontinuity design. Our...

Persistent link: https://www.econbiz.de/10013040228

Quantitative Spatial Economics

Redding, Stephen - 2016

The observed uneven distribution of economic activity across space is influenced by variation in exogenous geographical characteristics and endogenous interactions between agents in goods and factor markets. Until recently, the theoretical literature on economic geography had focused on stylized...

Persistent link: https://www.econbiz.de/10012982952

Learning About Housing Cost : Survey Evidence from the German House Price Boom

Kindermann, Fabian; Piazzesi, Monika; Schneider, Martin; … - 2022

This paper uses new household survey data to study expectation formation during the recent housing boom in Germany. The …

Persistent link: https://www.econbiz.de/10014237785

Why Do People Still Live in East Germany?

Hunt, Jennifer - 2021

In 1997 GDP per capita in East Germany was 57% of that of West Germany, wage rates were 75% of western levels, and the … bring convergence, labor flows would respond, enhancing overall efficiency. Yet net emigration from East Germany has fallen … from high levels in 1989-1990 to close to zero. Using state-level data for all of Germany, available from 1991-1996, I am …

Persistent link: https://www.econbiz.de/10013244103

The Limited Macroeconomic Effects of Unemployment Benefit Extensions

Chodorow-Reich, Gabriel - 2016

By how much does an extension of unemployment benefits affect macroeconomic outcomes such as unemployment? Answering this question is challenging because U.S. law extends benefits for states experiencing high unemployment. We use data revisions to decompose the variation in the duration of...

Persistent link: https://www.econbiz.de/10012994904

Is Retirement Depressing? : Labor Force Inactivity and Psychological Well-Being in Later Life

Charles, Kerwin Kofi - 2021

This paper assesses how retirement - defined as permanent labor force non-participation in a man's mature years - affects psychological welfare. The raw correlation between retirement and well-being is negative. But this does not imply causation. In particular, people with idiosyncratically low...

Persistent link: https://www.econbiz.de/10013243363

Subjective and Objective Indicators of Racial Progress

Stevenson, Betsey - 2013

Progress in closing differences in many objective outcomes for blacks relative to whites has slowed, and even worsened, over the past three decades. However, over this period the racial gap in well-being has shrunk. In the early 1970s data revealed much lower levels of subjective well-being...

Persistent link: https://www.econbiz.de/10013084724