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Using harmonized household survey data, we analyse long run social mobility in the US, the UK, and Germany and test recent theories of multigenerational persistence of socio-economic status. In this country comparison setting we find evidence against Gregory Clark's "universal law of social...
Persistent link: https://www.econbiz.de/10011548051
Models in which employers learn about the productivity of young workers, such as Altonji and Pierret (2001), have two principal implications: First, the distribution of wages becomes more dispersed as a cohort of workers gains experience; second, the coefficient on a variable that employers...
Persistent link: https://www.econbiz.de/10003974544
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States. Both sources of variation indicate that lower ability students are the most responsive to changes in college costs …
Persistent link: https://www.econbiz.de/10010321404
they stress the importance of skill acquisition for students who may eventually drop out. …
Persistent link: https://www.econbiz.de/10010318927
In direct contrast to conventional wisdom and most economic models of gender differences in age of marriage, we present robust evidence that men and women who are married to differently-aged spouses are negatively selected. Earnings analysis of married couples in the 1970, 1980, 1990 and 2000...
Persistent link: https://www.econbiz.de/10009427875
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We study political dynasties in the United States Congress since its inception in 1789. We document patterns in the evolution and profile of political dynasties, study the self-perpetuation of political elites, and analyze the connection between political dynasties and political competition. We...
Persistent link: https://www.econbiz.de/10010318863
We investigate the relative significance of differences in cognitive skills and discrimination in explaining racial/ethnic wage gaps. We show that cognitive test scores taken prior to entering the labor market are influenced by schooling. Adjusting the scores for racial/ethnic differences in...
Persistent link: https://www.econbiz.de/10010317899
Previous study by Card and Lewis (2005) has found (puzzling) that inflows of Mexican immigrants into new metropolitan areas have had no effect on the relative wages of very low-skill (high school dropouts). Rather, Mexican workers do affect relative wages for high school graduates. Whereas Card...
Persistent link: https://www.econbiz.de/10010292094