In this paper we analyze career dynamics for the nearly 30% of U.S. workers who are deemed overeducated in the literature. We use data from the National Longitudinal Survey of Youth 1979 combined with the pooled 1989-1991 waves of the Current Population Survey to analyze overeducation status...

In this paper we analyze career dynamics for the large share of U.S. workers who have more schooling than their peers in the same occupation. We use data from the NLSY79 combined with the CPS to analyze transitions into and out of overeducated employment, together with the corresponding effects...

In this paper we analyze career dynamics for the large share of U.S. workers who have more schooling than their peers in the same occupation. We use data from the NLSY79 combined with the CPS to analyze transitions into and out of overeducated employment, together with the corresponding effects...

Electric station cars have the potential of filling an important market niche -- namely, providing on-call, door-to-door access to and from rail transit stations as well as midday automobility for those who patronize transit. They would make getting from home to work via rail transit virtually...

Until 2004, divorce in Chile was illegal and separated women, representing 12% of all married women, were unable to remarry. This paper examines how the option of exiting the relationship and remarrying has changed the bargaining power in married and separated households. Using longitudinal...

government can increase total household savings by 14% by increasing the required contribution rate by 5 percentage points. However, it also lowers pension system coverage by 5 percentage points as people leave the covered sector for the uncovered sector.

Pension design in developing countries must take into account that both contributory and non-contributory pension schemes can affect incentives to work informally, with important fiscal consequences. The extent of this problem depends on the nature of the informal labor market: residual or...

This paper analyzes the consequences of midlife divorce for women's retirement preparation and old-age poverty. Previous papers documenting the relatively high poverty rate among retired divorcees have focused on women who remain divorced upon reaching retirement age, and have classified those...

This paper investigates empirically the fiscal and welfare trade-offs involved in designing a pension system when workers can avoid participation by working informally. A dynamic behavioral model captures a household's labor supply, formal/informal sector choice and saving decisions under the...

This paper investigates empirically the fiscal and welfare trade-offs involved in designing a pension system when workers can avoid participation by working informally. A dynamic behavioral model captures a household's labor supply, formal/informal sector choice and saving decisions under the...