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The Effects of Offshore Assembly on Industry Location : Evidence from U.S. Border Cities

Hanson, Gordon H. - 1995

combine data on employment and earnings in two-digit manufacturing industries for U.S. border cities with data on employment …

Persistent link: https://www.econbiz.de/10012473467

What Explains Low Old-Age Income? Evidence from the Health and Retirement Study

Mitchell, Olivia S.; Clark, Robert L.; Lusardi, Annamaria - National Bureau of Economic Research - 2021

We examine respondents in the Health and Retirement Study (HRS) to observe how their financial situations unfolded as they aged. We focus on low income older adults and follow them over time to identify the factors associated with having low income at baseline and thereafter. We find that (a)...

Persistent link: https://www.econbiz.de/10012510599

Import Competition and the Great U.S. Employment Sag of the 2000s

Acemoglu, Daron - 2014

Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back … the considerable gains in employment rates it had achieved during the 1990s, with major contractions in manufacturing … employment being a prime contributor to the slump. The U.S. employment "sag" of the 2000s is widely recognized but poorly …

Persistent link: https://www.econbiz.de/10012458271

Foreign Direct Investment and Relative Wages : Evidence from Mexico's Maquiladoras

Feenstra, Robert C. - 1995

In this paper, we examine the increase in the relative wages of skilled workers in Mexico during the 1980s. We argue that rising wage inequality in Mexico is linked to capital inflows from abroad. The effect of these capital inflows, which correspond to an increase in outsourcing by...

Persistent link: https://www.econbiz.de/10012473764

Ownership and Control in Outsourcing to China : Estimating the Property-Rights Theory of the Firm

Feenstra, Robert C. - 2004

In this paper, we develop a simple model of international outsourcing and apply it to processing trade in China. We observe China's processing exports broken down by who owns the plant and by who controls the inputs the plant processes. Multinational firms engaged in export processing in China...

Persistent link: https://www.econbiz.de/10012468496

Older Women’s Labor Market Attachment, Retirement Planning, and Household Debt

Lusardi, Annamaria - 2016

The goal of this paper is to ascertain whether older women's current and anticipated future labor force patterns have changed over time, and if so, to evaluate the factors associated with longer work lives and plans to continue work at older ages. Using data from both the Health and Retirement...

Persistent link: https://www.econbiz.de/10012456073

Optimal social security claiming behavior under lump sum incentives : theory and evidence

Maurer, Raimond; Mitchell, Olivia S.; Rogalla, Ralph; … - 2019

Many Americans claim Social Security benefits early, though this leaves them with lower benefits throughout retirement. We build a lifecycle model that closely tracks claiming patterns under current rules, and we use it to predict claiming delays if, by delaying benefits, people received a lump...

Persistent link: https://www.econbiz.de/10012113838

Debt close to retirement and its implications for retirement well-being

Lusardi, Annamaria; Mitchell, Olivia S.; Oggero, Noemi - 2019

We analyze debt and debt management of Americans nearing retirement age. We show that older people have numerous financial obligations that can lead to financial distress. Using data from the 2015 National Financial Capability Study and an extensive literature review, we show that lack of...

Persistent link: https://www.econbiz.de/10012113856

Financial literacy among the young : evidence and implications for consumer policy

Lusardi, Annamaria; Mitchell, Olivia S.; Curto, Vilsa - 2010

We examined financial literacy among the young using the most recent wave of the 1997 National Longitudinal Survey of Youth. We showed that financial literacy is low; fewer than one-third of young adults possess basic knowledge of interest rates, inflation, and risk diversification. Financial...

Persistent link: https://www.econbiz.de/10003980623

How ordinary consumers make complex economic decisions : financial literacy and retirement readiness

Lusardi, Annamaria; Mitchell, Olivia S. - 2010

This paper explores who is financially literate, whether people accurately perceive their own economic decision-making skills, and where these skills come from. Self-assessed and objective measures of financial literacy can be linked to consumers’ efforts to plan for retirement in the American...

Persistent link: https://www.econbiz.de/10003980633