Showing 1 - 10 of 18
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
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
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
inequality from 1979 to 1988. We find also compelling visual and quantitative evidence that the decline in the real value of the … minimum wage explains a substantial proportion of this increase in wage inequality, particularly for women. We conclude that …
Persistent link: https://www.econbiz.de/10005248904
We propose a new regression method to estimate the impact of explanatory variables on quantiles of the unconditional (marginal) distribution of an outcome variable. The proposed method consists of running a regression of the (recentered) influence function (RIF) of the unconditional quantile on...
Persistent link: https://www.econbiz.de/10005248983
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
This chapter provides a comprehensive overview of decomposition methods that have been developed since the seminal work of Oaxaca and Blinder in the early 1970s. These methods are used to decompose the difference in a distributional statistic between two groups, or its change over time, into...
Persistent link: https://www.econbiz.de/10008634705
We offer an integrated explanation and empirical analysis of the polarization of U.S. employment and wages between 1980 and 2005, and the concurrent growth of low skill service occupations. We attribute polarization to the interaction between consumer preferences, which favor variety over...
Persistent link: https://www.econbiz.de/10005040647
We document that an increasing fraction of jobs in the U.S. labor market explicitly pay workers for their performance using bonuses, commissions, or piece-rates. We find that compensation in performance-pay jobs is more closely tied to both observed (by the econometrician) and unobserved...
Persistent link: https://www.econbiz.de/10005720011