Showing 1 - 10 of 34
heritage the more integrated are the neighborhoods where they reside and work. Data on ethnic preferences and attitudes …
Persistent link: https://www.econbiz.de/10012462192
Common culture and common language facilitate trade between people. Minorities have incentives to become assimilated and to learn the majority language so that they have a larger pool of potential trading partners. The value of assimilation is larger to someone from a small minority than to one...
Persistent link: https://www.econbiz.de/10012473626
We bring to bear a novel dataset covering the employment history of about 450 million individuals from 180 countries to study return migration and the impact of skilled international migration on human capital stocks across countries. Return migration is a common phenomenon, with 38% of skilled...
Persistent link: https://www.econbiz.de/10014528391
easily accessible survey data. Third, we investigate the gender gap in match quality and explore whether there exists gender … stereotypes in the hiring process. We simulate an audit study, examining whether revealing gender information to LLMs influences … their assessment. We show that when gender information is disclosed to the GPT, the model deems females better suited for …
Persistent link: https://www.econbiz.de/10014528367
job can occupy a substantial portion of a person's day with work, thereby reducing the amount of time available for drug … consumption (i.e., employment reduces behavioral income for drug use). Because money buys drugs, monetary pay for work may …
Persistent link: https://www.econbiz.de/10012472406
We study the dynamic taxation of capital and labor in the Ramsey model under the assumption that taxes and public good provision are decided by a self-interested politician who cannot commit to policies. We show that, as long as the discount factor of the politician is equal to or greater than...
Persistent link: https://www.econbiz.de/10012463348
We establish an important role for the firm by studying capital reallocation decisions of mutual fund firms. At least 30% of the value mutual fund managers add can be attributed to the firm's role in efficiently allocating capital amongst its mutual fund managers. We find no evidence of a...
Persistent link: https://www.econbiz.de/10012458526
We document how a plant-specific shock to investment opportunities at one plant of a firm ("treated plant") spills over to other plants of the same firm--but only if the firm is financially constrained. While the shock triggers an increase in investment and employment at the treated plant, this...
Persistent link: https://www.econbiz.de/10012460069
We study optimal fiscal policy in a small open economy (SOE) with sovereign and private default risk. The SOE's government uses linear taxation to fund exogenous expenditures and uses public debt to inter-temporally allocate tax distortions. We characterize a class of environments in which the...
Persistent link: https://www.econbiz.de/10012461202
This paper documents the speed of evolution (or lack thereof) of a range of values and beliefs of different generations of US immigrants, and interprets the evidence in the light of a model of socialization and identity choice. Convergence to the norm differs greatly across cultural attitudes....
Persistent link: https://www.econbiz.de/10012458491