Showing 1 - 10 of 214
Persistent link: https://www.econbiz.de/10001658371
Persistent link: https://www.econbiz.de/10000361175
Persistent link: https://www.econbiz.de/10001637311
We use a quantitative equilibrium model with houses, collateralized debt and foreign borrowing to study the impact of global imbalances on the U.S. economy in the 2000s. Our results suggest that the dynamics of foreign capital flows account for between one fourth and one third of the increase in...
Persistent link: https://www.econbiz.de/10010735412
We use data from the Survey of Consumer Finance and Survey of Income Program Participation to show that young … households with children are under-insured against the risk that an adult member of the household dies. We develop a tractable … macroeconomic model with human capital risk, age-dependent returns to human capital investment, and endogenous borrowing constraints …
Persistent link: https://www.econbiz.de/10011093784
"Solon's (1992) landmark study estimated the intergenerational elasticity (IGE) in income between fathers and sons to …
Persistent link: https://www.econbiz.de/10001920632
We propose an incentive pay scheme for educators that links educator compensation to the ranks of their students within appropriately defined comparison sets, and we show that under certain conditions our scheme induces teachers to allocate socially optimal levels of effort to all students....
Persistent link: https://www.econbiz.de/10008636092
1984, 1990 and 1996 Surveys of Income and Program Participation (SIPP) to the Social Security Administration's Summary …
Persistent link: https://www.econbiz.de/10005520003
"This study presents evidence that the correlation in brothers' earnings has risen in recent decades. We use two distinct cohorts of young men from the National Longitudinal Surveys and estimate that the correlation in earnings between brothers rose from 0.26 to 0.45. This suggests that family...
Persistent link: https://www.econbiz.de/10001920916
Persistent link: https://www.econbiz.de/10001697071