Showing 1 - 10 of 12
We present new data documenting the secular decline in fertility in the states of the United States, the dramatic convergence in fertility, child schooling, parental schooling, survival probabilities. In addition we document the disparate nature of the Baby Boom in the United States. There were...
Persistent link: https://www.econbiz.de/10005621631
For nearly four decades now, the conventional wisdom has been that the migration of human capital (skilled workers) from a developing country to a developed country is detrimental to the developing country. However, this perception need not hold. A well designed migration policy can result in a...
Persistent link: https://www.econbiz.de/10009021969
Quite often, migrants appear to exert little effort to absorb the mainstream culture and to learn the language of their host society, even though the economic returns (increased productivity and enhanced earnings) to assimilation are high. We show that when interpersonal comparisons affect...
Persistent link: https://www.econbiz.de/10009021976
This paper presents new estimates of the benets of equal education opportunity for blacks over the period 1820-2000. For the better part of US history, blacks have enjoyed less access to schooling for their children than whites. This paper attempts to quantify the value of this discrimination....
Persistent link: https://www.econbiz.de/10011108263
We present new data on real output per worker, schooling per worker, human capital per worker, real physical capital per worker for 168 countries. The output data represent all available data from Maddison. The physical capital data represent all available data from Mitchell. One major...
Persistent link: https://www.econbiz.de/10011110184
We present a general equilibrium dynamic model that characterizes the gap between optimal and equilibrium fertility and investment in human capital. In the model, the aggregate production function exhibits increasing returns to population arising from specialization but households face the...
Persistent link: https://www.econbiz.de/10011111519
This extended data appendix describes the sources and methods used to construct the data used in our paper "Economic Growth in the Long Run."
Persistent link: https://www.econbiz.de/10011114018
We present a model of public provision of education for blacks in two discriminatory regimes, white plantation controlled, and white town controlled. We show that the ability to migrate to a non-discriminating district constrains the ability of both types of whites to discriminate. The model...
Persistent link: https://www.econbiz.de/10005623532
We analyze the impact on a firm’s profits and optimal wage rates, and on the distribution of workers’ earnings, when … workers compare their earnings with those of co-workers. We consider a low-productivity worker who receives lower wage … deprivation is to increase the optimal level of effort. Consequently, the firm’s profits are higher, its wage rates remain …
Persistent link: https://www.econbiz.de/10008855240
This paper develops a model of voluntary migration into degrading work. The essence of the model is a tension between two “bads:” that which arises from being relatively deprived at home, and that which arises from engaging in humiliating work away from home. Balancing between these two...
Persistent link: https://www.econbiz.de/10008855250