We analyze a model of wage delay in which strategic complementarity arises because each employer's costs of violating its contracts decrease with the arrears in its labor market. The model is estimated on panel data for workers and firms in Russia, facilitating identification through fixed...

Despite tremendous recent interest in the subject of student debt by both researchers and policymakers, little is known about how the distribution of college graduate debt has been evolving and what factors can explain it. We use National Postsecondary Student Aid Study data from 1990 through...

Barnow, Trutko, and Piatak focus on whether persistent occupation-specific labor shortages might lead to inefficiencies in the U.S. economy. They describe why shortages arise, the difficulty in ascertaining that a shortage is present, and how to assess strategies to alleviate the shortage.

This book examines the nature of the workforce development and UI policy decisions made nationwide in response to the recession, state and local administrators’ perspectives on the policy developments and economic challenges, and implementation of key Recovery Act provisions, with a particular...

Bartik provides evidence showing that investment in quality preschool education provides economic payoffs, particularly in lifetime earnings.

This volume examines WIA’s objectives and the evidence on program performance and impact. The chapters are organized into five general areas: 1) understanding WIA, 2) program implementation, 3) performance management, 4) impact evaluations, and 5) future evaluation choices.

Muir and Turner gather an international roster of pension experts who present what they think would be the ideal pension systems for their countries and why. Those countries include the United States, the UK, Ireland, Denmark, Germany, Belgium, France, Switzerland, Poland, and Japan.