Showing 1 - 6 of 6
If nominal wages are downward rigid, moderate levels of inflation may improve labor market efficiency by facilitating … higher-inflation environments. Using individual wage change data from two sources, we find that about 6-10 percent of workers … experience nominally rigid wages in a 10- percent inflation environment. This proportion rises to over 15 percent at a 5 percent …
Persistent link: https://www.econbiz.de/10012473318
This paper presents an overview and interpretation of the literature relating school quality to students' subsequent labor market success. We begin with a simple theoretical model that describes the determination of schooling and earnings with varying school quality. A key insight of the model...
Persistent link: https://www.econbiz.de/10012473412
A regression kink design (RKD or RK design) can be used to identify casual effects in settings where the regressor of interest is a kinked function of an assignment variable. In this paper, we apply an RKD approach to study the effect of unemployment benefits on the duration of joblessness in...
Persistent link: https://www.econbiz.de/10012455899
We study the impacts of a tracking program in a large urban school district that establishes separate "gifted/high achiever" (GHA) classrooms for fourth and fifth graders whenever there is at least one gifted student in a school-wide cohort. Since most schools have only a handful of gifted...
Persistent link: https://www.econbiz.de/10012456570
We provide new evidence on the effect of the unemployment insurance (UI) weekly benefit amount on unemployment insurance spells based on administrative data from the state of Missouri covering the period 2003-2013. Identification comes from a regression kink design that exploits the...
Persistent link: https://www.econbiz.de/10012457797
We consider nonparametric identification and estimation in a nonseparable model where a continuous regressor of interest is a known, deterministic, but kinked function of an observed assignment variable. This design arises in many institutional settings where a policy variable (such as weekly...
Persistent link: https://www.econbiz.de/10012460096