Showing 1 - 10 of 20
Does financial aid increase college attendance and completion? Selection bias and the high implicit tax rates imposed by overlapping aid programs make this question difficult to answer. This paper reports initial findings from a randomized evaluation of a large privately-funded scholarship...
Persistent link: https://www.econbiz.de/10011119803
consistent with several features of consumption data including (i) the substantial rise in within-cohort consumption inequality … (Deaton and Paxson 1994), (ii) the non-concave shape of the age-inequality profile (which the RIP model is not consistent with …
Persistent link: https://www.econbiz.de/10005412853
We analyze changes in the gender structure at the top of the earnings distribution in the United States over the last 30 years using a 10% sample of individual earnings histories from the Social Security Administration. Despite making large inroads, females still constitute a small proportion of...
Persistent link: https://www.econbiz.de/10010951325
contemporary incarnation of this displacement--labor market polarization, meaning the simultaneous growth of high-education, high …-wage and low-education, low-wages jobs--a manifestation of Polanyi's paradox. I discuss both the explanatory power of the …
Persistent link: https://www.econbiz.de/10010951336
This paper studies the cyclical nature of individual income risk using a confidential dataset from the U.S. Social Security Administration, which contains (uncapped) earnings histories for millions of individuals. The base sample is a nationally representative panel containing 10 percent of all...
Persistent link: https://www.econbiz.de/10011271386
We analyze the effect of rising Chinese import competition between 1990 and 2007 on local U.S. labor markets, exploiting cross-market variation in import exposure stemming from initial differences in industry specialization while instrumenting for imports using changes in Chinese imports by...
Persistent link: https://www.econbiz.de/10011271448
substantial, explaining between 56 to 75 percent of income inequality at age 55. We also find that profile heterogeneity is …
Persistent link: https://www.econbiz.de/10005084897
Goldin and Katz's <i>The Race between Education and Technology</i> is a monumental achievement that supplies a unified …
Persistent link: https://www.econbiz.de/10009652861
We reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of … suffers from two sources of bias and propose an IV strategy to address both. We find that the minimum wage reduces inequality …
Persistent link: https://www.econbiz.de/10008727865
Wage inequality has been significantly higher in the United States than in continental European countries (CEU) since … the 1970s. Moreover, this inequality gap has further widened during this period as the US has experienced a large increase … in wage inequality, whereas the CEU has seen only modest changes. This paper studies the role of labor income tax …
Persistent link: https://www.econbiz.de/10008628330