We present evidence that low-skill workers received larger compensating differentials than more skilled workers when facing unanticipated unemployment in an era without unemployment insurance. Using information from surveys of New Jersey workers conducted during the 1880s, we test the theory of...

It is commonly believed that birth order is an important determinant of success. However, previous studies in this area have failed to provide convincing evidence that birth order is related to test scores, education, or earnings. Using data from the National Longitudinal Survey of Youth--1979,...