Showing 1 - 10 of 425
productivity parameter, class size is a component of school quality, households are heterogeneous in income and hence willingness … to pay for school quality, and schools are subject to a class-size cap. The model offers an explanation for two distinct … approach in settings in which parents have substantial school choice and schools are free to set prices and influence their …
Persistent link: https://www.econbiz.de/10012759915
This paper presents new information on the fraction of adjusted gross income, and of wages and salaries, that is reported by taxpayers in the top one half of one percent of the income distribution. This corresponds to roughly five hundred thousand households in the late 1990s. This paper relies...
Persistent link: https://www.econbiz.de/10014164705
Powerful currents have reshaped the structure of families over the last century. There has been (i) a dramatic drop in fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a significant decline in marriage and a rise in divorce; (iv)...
Persistent link: https://www.econbiz.de/10012964399
We use data from multiple national surveys to describe trends in private elementary school enrollment by family income … from 1968-2013. We note several important trends. First, the private school enrollment rate of middle-income families … notable differences in private school enrollment trends by race/ethnicity, urbanicity, and region of the country. Although …
Persistent link: https://www.econbiz.de/10012951888
China's household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U-shaped during the 2000s. We find that rising income uncertainty and pension reforms help explain both of these phenomena. Using a panel of Chinese households covering the period...
Persistent link: https://www.econbiz.de/10013038407
We present new calculations of cumulative marginal tax rates (MTRs) facing low income families participating in multiple welfare programs over the period 1997-2007, the period after 1996 welfare reform but before the program expansions of the Great Recession. Our calculations are for...
Persistent link: https://www.econbiz.de/10012980190
Building on standard marital matching models, we show that a variety of underlying social preferences about a given trait all generate positive assortative matching on that trait, and hence the same distribution of spousal trait differences in equilibrium. Applying this result to U.S. Census and...
Persistent link: https://www.econbiz.de/10012912532
Despite clear evidence of an income gradient in political participation, research has not been able to isolate the effects of income on voting from other household characteristics. We investigate how exogenous unconditional cash transfers affected voting in US elections across two generations...
Persistent link: https://www.econbiz.de/10012915646
Conditional cash transfer programs have spread to over 80 countries in the past two decades, but little is known about their long-term effects on the youth they target. This paper estimates the impact of childhood exposure to the Mexican program Progresa on economic outcomes in early adulthood...
Persistent link: https://www.econbiz.de/10012918087
There is robust evidence that higher minimum wages increase family incomes at the bottom of the distribution. The long run (3 or more years) minimum wage elasticity of the non-elderly poverty rate with respect to the minimum wage ranges between -0.220 and -0.459 across alternative...
Persistent link: https://www.econbiz.de/10012908164