We study the effect of a declining labor force on the incentives to engage in labor-saving technical change and ask how this effect is influenced by institutional characteristics of the pension scheme. When labor is scarcer it becomes more expensive and innovation investments that increase labor...

We discover and document errors in public use microdata samples ("PUMS files") of the 2000 Census, the 2003-2006 American Community Survey, and the 2004-2009 Current Population Survey. For women and men ages 65 and older, age- and sex-specific population estimates generated from the PUMS files...

This paper examines how marital and fertility patterns have changed along racial and educational lines for men and women. Historically, women with more education have been the least likely to marry and have children, but this marriage gap has eroded as the returns to marriage have changed....

Between 1972 and 1978 U.S. high schools rapidly increased their female athletic participation rates - to approximately the same level as their male athletic participation rates - in order to comply with Title IX, a policy change that provides a unique quasi-experiment in female athletic...

In our dynamic optimizing sticky price model, agents are heterogeneous with regard to their age and their productivity. We find that the business cycle dynamics in the OLG model in response to both a technology shock and a monetary shock are similar, but not completely identical to those found...