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Studies based on inputs measured at the state level generally report that school expenditures have substantial effects on students' adult wages, whereas studies based on less aggregated measures report small effects. The author uses wage data from High School and Beyond to analyze this...
Persistent link: https://www.econbiz.de/10005692846
Despite widespread popular accounts that link crack cocaine to inner-city decay, little systematic research has analyzed how the emergence of crack affected urban crime. We study this question using FBI crime rates for 27 metropolitan areas and two sources of information on when crack first...
Persistent link: https://www.econbiz.de/10005740994
Economists have long been concerned with the labor market problems of young men. Recently, research has indicated that one-fourth to one-half of all men are active in crime at some point during their youth. Furthermore, joblessness and criminal activity vary similarly by age and race. The author...
Persistent link: https://www.econbiz.de/10005557140
We estimate the effect that six types of high school math courses have on students' earnings nearly a decade after graduation. We use High School and Beyond transcript data to differentiate courses at a more detailed level than in previous research. This enables us to show that more-advanced...
Persistent link: https://www.econbiz.de/10005740366
The paper tests whether technological change has been neutral in Canadian manufacturing industries, using a system of translog cost share equations for 1962 through 1986. The model features two classes of labor treated as distinct inputs. Tests rejected homotheticity in all industries. Hicks...
Persistent link: https://www.econbiz.de/10005557164