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We compare the distributions of U.S. state per worker output and state per capita personal income, and document their changes over time. Our analysis reveals important differences between the two distributions. Most notably, we find geographical differences are less important in understanding...
Persistent link: https://www.econbiz.de/10005795941
Unitary models, assuming a single objective function and unified budget constraint, are traditionally used to model household behavior. Most empirical tests of unitary models rely on endogenous regressors. This paper uses an exogenous change in the intrahousehold distribution of income, provided...
Persistent link: https://www.econbiz.de/10005795942
Economists differ in their explanation of changes in the rate of U.S.economic growth in the latter half of the 20th century-particularly for the "new economy" period from 1982-2000. Adherents of the Neoclassical Growth Model have emphasized that with the increase in the capital/labor ratio the...
Persistent link: https://www.econbiz.de/10005795944
Persistent link: https://www.econbiz.de/10005795945
Census data for 1990/91 indicate that Australian and Canadian immigrants have higher levels of English fluency, education, and income (relative to natives) than do U.S. immigrants. This skill deficit for U.S. immigrants arises primarily because the United States receives a much larger share of...
Persistent link: https://www.econbiz.de/10005795946
This paper presents a formal model that characterizes the two faces of development - persistent poverty, as well as industrialization and rising incomes - and establishes that the interaction between politics and economics determines which path a nation travels. We demonstrate that political...
Persistent link: https://www.econbiz.de/10005795947
Persistent link: https://www.econbiz.de/10005795948
This paper examines the relationship between sexual harassment and the job satisfaction and intended turnover of active-duty women in the U.S. military using unique data from a survey of the incidence of unwanted gender-related behavior conducted by the U.S. Department of Defense. Overall, 70.9...
Persistent link: https://www.econbiz.de/10005795949
Persistent link: https://www.econbiz.de/10005795950
Can comparative statements be credible even when absolute statements are not? For instance, can a professor credibly rank different students for a prospective employer even if she has an incentive to exaggerate the merits of each student? Or can an analyst credibly rank different stocks even if...
Persistent link: https://www.econbiz.de/10005795951