While the allocative efficiency of mobility is typically considered to be positive but small in the long run, the induced changes in equality may be considerable in size. In practice, however, migrants typically improve their income position in comparison to those at home, stimulate the economic...

Are ethnic specialization and thus a downward sloping labor demand curve fundamentalfeatures of labor market competition between ethnic groups? In a general equilibrium model,this paper argues that spillover effects in skill acquisition and social distances between ethnicgroups engender...

This paper considers a simple model of self-fulfilling expectations that leads to a multiple equilibrium of gender gaps in wages and participation rates. Rather than resorting to moral hazard problems related to unobservable effort, like in most of the related literature, our model fully relies...

Utilizing data from the June Current Population Survey (CPS) Fertility Supplement mergedwith data from other months of the CPS, we describe trends in parents´ employment andleave-taking after birth of a newborn and analyze the extent to which these behaviors areassociated with parental leave...

The principal means by which individuals and families achieve economic self-sufficiency is through labor market earnings. As a consequence, it is natural for policy makers to look to interventions that increase the ability of individuals and families to achieve an adequate standard of living...

State and federal reforms of the 1990s transformed the U.S. cash assistance program forsingle parents and their children. Despite an extensive literature examining these changesand their impacts, there have been few studies that consider the effects of these reformsfrom the perspective of the...

The population of most developed societies is ‘graying’. As life expectancy increases and thelarge baby-boom generation approaches retirement age, this has critical consequences formaintaining a high standard of living and the sustainability of pension systems. In the light ofthese labor-force...

Several countries have recently abolished or significantly reduced their taxes on bequests.Bequest taxes, on the other hand, were among the first to be introduced when modernsystems of taxation were developed at the end of the nineteenth century. We propose anexplanation for these facts which is...

The Tiananmen Square protests in 1989 and ensuing government crackdown affectedChinese nationals not only at home but around the world. The U.S. government responded tothe events in China by enacting multiple measures to protect Chinese nationals present inthe U.S. It first suspended all forced...

This study develops and estimates a model of the naturalization process in the US. The model is based on both the characteristics of immigrants and features of their countries of origin. The empirical analysis is based on the 2000 US Census...