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This paper estimates the quarterly flow of migrants to the US working age population using data based on the Current Population Survey (CPS). The dynamic responses to immigration shocks are estimated in a vector autoregression. Immigration shocks, as well as technology shocks are identified...
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The post-migration schooling investments by foreign-born men from all countries of origin are studied using two data sets. The results provide convincing evidence of the effect of human capital variables like pre-immigration schooling and age at migration, as well as schooling cost and quality...
Persistent link: https://www.econbiz.de/10014087045
From the end of the Civil War to the onset of the Great War, the United States experienced an unprecedented increase in commitment rates for mental asylums. Historians and sociologists often explain this increase by noting that public sentiment called for widespread involuntary...
Persistent link: https://www.econbiz.de/10012848571
This paper quantifies the extent to which the U.S. manufacturing labor market is characterized by employer market power and how such market power has changed over time. We find that the vast majority of U.S. manufacturing plants operate in a monopsonistic environment and, at least since the...
Persistent link: https://www.econbiz.de/10013162119
This paper investigates Gordon Tullock’s unpublished manuscripts that proposed a public choice interpretation of American slavery. Drafted in response to Conrad and Meyer’s seminal 1959 article on the economics of slavery, Tullock’s writings influenced the early cliometric debate over...
Persistent link: https://www.econbiz.de/10014264010
Using annual observations on U.S. non-farm workers from the late 1940s to 2019, descriptions of the movements of nominal wages, real consumption wages, and real product wages are reported. The prices faced by consumer workers and the prices faced by owner-managers move differently. Variables...
Persistent link: https://www.econbiz.de/10015436819
Population size and structure in conjunction with the participation behavior are the determinants of labor supply. Thereby, among the demographic components, migration is the one shaping both the size and the structure of a population the strongest in the short to medium term while...
Persistent link: https://www.econbiz.de/10014282754