This paper reviews and interprets the literature on the effect of school resources on students' eventual earnings and educational attainment. In addition, new evidence is presented on the impact of the great disparity in school resources between black and white students in North and South...

What effect does a severe disability have on individuals' employment and earnings? Has the computer revolution lessened the adverse labor market consequences of severe disabilities? This paper investigates the labor market effects of severe, traumatic disabilities resulting from spinal cord...

Two-stage-least-squares (2SLS) estimates are biased towards OLS estimates. This bias grows with the degree of over-identification and can generate highly misleading results. In this paper we propose two simple alternatives to 2SLS and limited-information-maximum-likelihood (LIML) estimators for...

This paper presents an analysis of the impact of a workplace education program that was administered by a community college at two companies. One of the companies we study is in the manufacturing sector and the other is in the service sector. The analysis relies on longitudinal administrative...

This paper uses a new survey to contrast the wages of genetically identical twins with different schooling levels. Multiple measurements of schooling levels were also collected to assess the effect of reporting error on the estimated economic returns to schooling. The data indicate that omitted...

This paper estimates the effects of school quality - - measured by the pupil-teacher ratio, the average term length, and the relative pay of teachers -- on the rate of return to education for men born between 1920 and 1949. Using earnings data from the 1980 Census, we find that men who were...

This paper tests a central implication of the theory of equalizing differences, that workers sortinto jobs with different attributes based on their preferences for those attributes. We presentevidence from four new time-use data sets for the United States and France on whetherworkers who are...

This paper provides new evidence on time use and subjective well-being of employed and unemployed individuals in 14 countries. We devote particular attention to characterizing and modeling job search intensity, measured by the amount of time devoted to searching for a new job[...]

[...]The main conclusion from this review is that thewidely held belief that American schools have failed—thatthey are performing worse today than they have in the past,that a high school degree is no longer valuable, and thatadditional resources yield no benefits in the current system—is...

This paper provides a case study of the effect of labor relations on product quality. We consider whether a long, contentious strike and the hiring of replacement workers at Bridgestone/Firestone?s Decatur plant in the mid-1990s contributed to the production of defective tires. Using several...