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outcomes of other children but also the very existence of potential additional children. We address this problem by looking at … dizygotic twins. In these cases, the two children are born at the same time, so parents cannot make decisions about one twin … different way. Men with brothers earn more and are more likely to get married and have children than men with sisters. Women …
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stronger assortative mating on skills of parents and more polarized skill and earnings distributions of children. Swedish data … more skilled partners and more skilled children. Exploiting college expansions, we find that better college access … increases both skill sorting in couples and skill and earnings inequality among their children. All findings support the notion …
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A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs, until lay-off occurs, when this selection process starts over from scratch. We develop a simple methodology to test these predictions. Our inference uses two sources of...
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We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii) themax-mean wage differential. The latter measure of wage...
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Over the last twenty years the wage-education relationships in the US and Germany have evolved very differently, while the education composition of employment has evolved in a surprisingly parallel fashion. In this paper, we propose and test an explanation to these conflicting patterns. The...
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