Showing 1 - 10 of 7,594
There is growing evidence that cognitive and noncognitive skills affect the economic and social outcomes of individuals. In this paper, we analyze how they affect the migration decisions of individuals during their lifetimes. We use data that combine military enlistment and administrative...
Persistent link: https://www.econbiz.de/10012453836
We document that nearly half of the global decline in agricultural employment during the 20th-century was driven by new cohorts entering the labor market. A newly compiled dataset of policy reforms supports an interpretation of these cohort effects as human capital. Through the lens of a model...
Persistent link: https://www.econbiz.de/10012660068
Recent research concludes that wage returns to cognitive skills have declined in the U.S. We reassess this finding. Using decomposition methods, we document the pivotal role played by dynamic shifts in the distributions of pre-labor market cognitive skills. Our findings show these shifts explain...
Persistent link: https://www.econbiz.de/10014512083
trillion dollars in direct military costs. I review the history of cost forecasts for these ongoing engagements, highlighting … the implications of the war costs themselves. Besides the unanticipated length and breadth of the military conflicts … themselves, a related and equally important component of costs is the life cycle of costs associated with caring for veterans …
Persistent link: https://www.econbiz.de/10012462493
This paper attempts to provide a more complete reckoning of the costs of the Iraq War, using standard economic and …, and the CBO's estimates put the projected total direct costs at around $500bn. These figures, however, greatly … underestimate the War's true costs. We estimate a range of present and future costs, by including expenditures not in the $500bn CBO …
Persistent link: https://www.econbiz.de/10012466615
relatively low, in the range of 7-9%. At current levels of supply, the marginal social costs of primary care visits appear to be …
Persistent link: https://www.econbiz.de/10012464080
Although the college-high school wage gap for younger men has doubled over the past 30 years, the gap for older men has remained nearly constant. We argue that these shifts reflect changes in the relative supply of highly-educated workers across age groups. Cohorts born in the first half of the...
Persistent link: https://www.econbiz.de/10012471112
People whose family income was less than $5,000 in 1980 could expect to live about 25 percent fewer years than people whose family income was greater than $50,000. We explore this finding using both individual data and a panel of aggregate birth cohorts observed from 1975 to 1995. We assume that...
Persistent link: https://www.econbiz.de/10012471654
We propose a dynamic production function of population health and mortality from birth onwards. Our parsimonious model provides an excellent fit for the mortality and survival curves for both primate and human populations since 1816. The model sheds light on the dynamics behind many phenomena...
Persistent link: https://www.econbiz.de/10012482412
We find that households living in California homes built in the 1960s and 1970s had high electricity consumption in 2000 relative to houses of more recent vintages because the price of electricity at the time of home construction was low. Homes built in the early 1990s had lower electricity...
Persistent link: https://www.econbiz.de/10012461926