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Women earn less than men but are not less satisfied with life. This paper argues that norms on the appropriate pay for … women compared to men explain these findings. We take citizens' approval of an equal rights amendment to the Swiss … constitution as a proxy for the norm that "women and men shall have the right to equal pay for work of equal value". We find that …
Persistent link: https://www.econbiz.de/10011450210
The widespread use of markets leads to unprecedented material well-being in many societies. We study whether market interaction, as a side effect, erodes moral values. An encompassing understanding of the virtues and vices of markets, including their possible impact on moral values, is necessary...
Persistent link: https://www.econbiz.de/10012270575
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The use of height data to measure living standards is now a well-established method in the economic literature. While much is known about 19th century black legal and material conditions, less is known about how 19th century biological conditions were related to the physical environment and...
Persistent link: https://www.econbiz.de/10003771878
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This article analyzes the consequences of integration in public education. I show that the flight from the integrated multicultural public schools to private education increases private educational expenditures and, as a result, decreases fertility among more affluent parents whose children...
Persistent link: https://www.econbiz.de/10009261799
seem more pronounced for women and low-income students. In addition, there is little evidence that the effects of high …
Persistent link: https://www.econbiz.de/10010245998
We estimate growth rates of real incomes in the U.S. by quintiles using the Congressional Budget Office’s (CBO) post-tax, post-transfer data as basis for the period 1979-2011. We improve upon them by including only the present value of earnings that will accrue in retirement and excluding...
Persistent link: https://www.econbiz.de/10011458031
This paper identifies a new factor, the age of the housing stock, that affects where high- and low-income neighborhoods are located in U.S. cities. High-income households, driven by a high demand for housing services, will tend to locate in areas of the city where the housing stock is relatively...
Persistent link: https://www.econbiz.de/10003202901