Showing 1 - 10 of 23
This paper examines the intergenerational correlation in unemployment in Norway and, by use of the sibling-difference method, separates that correlation into its causal and non-causal parts. Detailed register data covering the entire Norwegian population provide the long panel of data this...
Persistent link: https://www.econbiz.de/10010284254
Why do individuals choose different types of post-secondary education, and what are the labor market consequences of those choices? We show that answering these questions is difficult because individuals choose between several unordered alternatives. Even with a valid instrument for every type...
Persistent link: https://www.econbiz.de/10011335593
. In US election survey data, we find that income is more important in a ecting voting behavior for more informed voters … strong correlation between income and political information, Congress representatives vote more conservatively, which is also …
Persistent link: https://www.econbiz.de/10010330258
The Spanish Influenza pandemic of 1918-19 was one of the most devastating diseases in history, killing perhaps as many as 50-100 million people worldwide. In addition to the high death toll and the high general lethality, the disease had a peculiar feature: the largest increase in death rates...
Persistent link: https://www.econbiz.de/10010284423
The Chichilnisky criterion is an explicit social welfare function that satisfies compelling conditions of intergenerational equity. However, it is time inconsistent and has no optimal solution in the Ramsey model. By investigating stationary Markov equilibria in the game that generations with...
Persistent link: https://www.econbiz.de/10011557202
This paper explores the view that a criterion of intergenerational equity serves to make choices according to ethical intuitions on a domain of relevant technological environments. In line with this view I first calibrate different criteria of intergenerational equity in the AK model of economic...
Persistent link: https://www.econbiz.de/10011694175
We investigate the properties of a new equity condition, Hammond Equity for the Future (HEF), capturing the following ethical intuition: A sacrifice by the present generation leading to a uniform gain for all future generations cannot lead to a less desirable utility stream if the present...
Persistent link: https://www.econbiz.de/10010284287
, and that children of low income parents seem to be the primary beneficiaries of subsidized child care. These findings are … quantile treatment effects, showing how the child care expansion affected the earnings distribution of exposed children as … adults. We complement these estimates with local linear regressions of the child care effects by family income. Our findings …
Persistent link: https://www.econbiz.de/10010330215
A large representative sample of twins is used to estimate the causal effect of schooling on earnings in Norway, for both men and women. The within-twin-pair estimates reveal that standard cross section (OLS) estimates of the effect on male hourly earnings are biased upwards. For women, no such...
Persistent link: https://www.econbiz.de/10010284403
Norwegian survey data, I study to what extent voting is caused by income. Unobserved characteristics correlated with income are … handled by using fixed effects panel data discrete choice models. Although a positive association between income and … correct for measurement error, I instrument income with average income by profession. The magnitude of the coefficients is …
Persistent link: https://www.econbiz.de/10010284373