Showing 1 - 10 of 83
We study paternalistic preferences in two large-scale experiments with participants from the general population in the United States. Spectators decide whether to intervene to prevent a stakeholder, who is mistaken about the choice set, from making a choice that is not aligned with the...
Persistent link: https://www.econbiz.de/10014333774
The literature shows that when a society believes that wealth is determined by random “luck” rather than by merit, it demands more redistribution. Adverse shocks, like earthquakes, strengthen the belief that random “bad luck” can frustrate the outcomes achieved with merit. We...
Persistent link: https://www.econbiz.de/10011957007
The purpose of this study is to provide an alternate approach to studies of the rhetoric of policy-relevant economics. Martin Feldstein's pro-privatization rhetoric relative to Social Security is first analyzed. A subsequent comparison his rhetoric to that of George W. Bush concludes that both...
Persistent link: https://www.econbiz.de/10010288065
We show that immigrant managers are substantially more likely to hire immigrants than are native managers. The finding holds when comparing establishments in the same 5-digit industry and location, when comparing different establishments within the same firm, when analyzing establishments that...
Persistent link: https://www.econbiz.de/10010273958
Whether immigrants are positively or negatively self-selected is much disputed. Whereas most previous studies have addressed this question by comparing the wages of immigrants to those of U.S. natives, this analysis uses occupation to examine the skill level of immigrants. Data on the...
Persistent link: https://www.econbiz.de/10010397428
High levels of immigration to the United States have caused the size of the foreign-born population to increase dramatically in recent years. Recent immigrants are concentrated in several states, particularly California. This paper examines the determinants of the intended state of residence of...
Persistent link: https://www.econbiz.de/10010397573
This paper sheds a new perspective on models of migration by integrating in a same structure the decisions about … education and work; and by incorporating return migration with "brain waste". Brain waste is defined as the depreciation, due to … migration, in the human capital acquired in the home country. This paper shows that brain waste, and return migration have …
Persistent link: https://www.econbiz.de/10012057424
Labor mobility is commonly taken as a property of an optimal currency area. But how does that property affect the outcome of fiscal policies? We address this issue with a two country ?two period model, where both asymmetric and symmetric productivity shocks may hit the countries. We show that...
Persistent link: https://www.econbiz.de/10011739594
Results of general equilibrium models are sensitive to model parameterization and specification. The role of macroeconomic closures and the effect of trade elasticities are documented in the literature, but there is no systematic analysis of the implications of different labor supply...
Persistent link: https://www.econbiz.de/10012387261
How does intranational factor mobility shape the welfare effects of a trade shock? I provide evidence that during WWI, a demand shock emanated from belligerent countries and affected neutral Spain. Within Spain, labor predominantly reallocated locally, while the most affected provinces...
Persistent link: https://www.econbiz.de/10012653502