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Wages, skills, and skill-biased technical change: The canonical model revisited
Bowlus, Audra J.; Lochner, Lance; Robinson, Chris; … - 2021
The canonical supply{demand model of the wage returns to skill has been extremely in uential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10012614272
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Unequal growth: How household incomes and poverty in urban China have developed since 1988, with an emphasis on the period from 2007 to 2013
Gustafsson, Björn; Ding, Sai - 2017
This chapter investigates how household income, income inequality, and poverty among urban residents in China have … developed since 1988, with an emphasis on the period from 2007 to 2013. We use data from the China Household Income Project …, expressed as the constant purchasing power, continued between 2007 and 2013. We also show that income growth from 2007 to 2013 …
Persistent link: https://www.econbiz.de/10011878843
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Child skill production: Accounting for parental and market-based time and goods investments
Caucutt, Elizabeth M.; Lochner, Lance; Mullins, Joseph; … - 2020
This paper studies the multidimensional nature of investments in children within a dynamic framework. In particular, we … dynamics of skill accumulation. Fourth, we use data from the Child Development Supplement of the Panel Study of Income Dynamics … to estimate the skill production technology for children ages 12 and younger. Our estimates suggest complementarity …
Persistent link: https://www.econbiz.de/10012614264
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Marriage, children, and labor supply: Beliefs and outcomes
Gong, Yifan; Stinebrickner, Todd R.; Stinebrickner, Ralph - 2020
While a large literature is interested in the relationship between family and labor supply outcomes, little is known about the expectations of these objects at earlier stages. We examine these expectations, taking advantage of unique data from the Berea Panel Study. In addition to characterizing...
Persistent link: https://www.econbiz.de/10012614267