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Women Working Longer : Facts and Some Explanations

Goldin, Claudia; Katz, Lawrence F. - 2016

American women are working more, through their sixties and even into their seventies. Their increased participation at older ages started in the late 1980s before the turnaround in older men's labor force participation and the economic downturns of the 2000s. The higher labor force participation...

Persistent link: https://www.econbiz.de/10012983658

A Tax-Based Estimate of the Elasticity of Intertemporal Substitution

Gruber, Jonathan - 2021

One of the most important behavioral parameters in macroeconomics is the elasticity of intertemporal substitution (EIS …

Persistent link: https://www.econbiz.de/10013246305

Unemployment Insurance and Reservation Wages

Feldstein, Martin S.; Poterba, James M. - 2022

The present paper examines the reservation wages reported by a largesample of unemployed individuals in the United States in May 1976. The majorityof unemployedindividuals report reservation wages that are at least as highas the wage they were paid on their last job. Approximately one-fourth of...

Persistent link: https://www.econbiz.de/10013324640

The New Lifecycle of Women's Employment : Disappearing Humps, Sagging Middles, Expanding Tops

Goldin, Claudia - 2019

A new lifecycle of women's employment emerged with cohorts born in the 1950s. For prior cohorts, lifecycle employment had a hump shape; it increased from the twenties to the forties, hit a peak and then declined starting in the fifties. The new lifecycle of employment is initially high and flat,...

Persistent link: https://www.econbiz.de/10012902548

Why Firms Offer Paid Parental Leave : An Exploratory Study

Goldin, Claudia; Pekkala Kerr, Sari; Olivetti, Claudia - 2022

Why do competitive firms in the US provide paid parental leave (PPL)? Which firms do and to what extent? We use several firm- and individual-level data sets to answer these questions. These include the BLS-Employee Benefit Survey (EBS) for 2010 to 2018 and an extensive firm-level data collection...

Persistent link: https://www.econbiz.de/10013324693

The Elasticity of Taxable Income : Evidence and Implications

Gruber, Jonathan; Saez, Emmanuel - 2021

uncertainty, is the overall elasticity of taxable income. We provide new estimates of this elasticity which address identification … income, and on variation in the elasticity of taxable income by income group. We find that the overall elasticity of taxable … income is approximately 0.4; the elasticity of real income, not including tax preferences, is much lower. We also estimate …

Persistent link: https://www.econbiz.de/10013219972

The Value of Postsecondary Credentials in the Labor Market : An Experimental Study

Deming, David J.; Yuchtman, Noam; Abulafi, Amira; … - 2014

We study employers' perceptions of the value of postsecondary degrees using a field experiment. We randomly assign the sector and selectivity of institutions to fictitious resumes and apply to real vacancy postings for business and health jobs on a large online job board. We find that a business...

Persistent link: https://www.econbiz.de/10013046601

Unemployment Benefits, Labor Market Transitions, and Spurious Flows : A Multinational Logit Model with Errors in Classification

Poterba, James M.; Summers, Lawrence H. - 2021

This paper develops an algorithm for analyzing discrete events, such as labor market transitions, when some of these transitions are spurious because of measurement errors. Our algorithm extends the standard multinomial logit model, although our basic approach could be used with other stochastic...

Persistent link: https://www.econbiz.de/10013247270

Health, Education, and the Post-Retirement Evolution of Household Assets

Poterba, James M. - 2013

This paper explores the relationship between education and the evolution of wealth after retirement. Asset growth following retirement depends in part on health capital and financial capital accumulated prior to retirement, which in turn are strongly related to educational attainment. These...

Persistent link: https://www.econbiz.de/10013088676

Cheaper by the Dozen : Using Sibling Discounts at Catholic Schools to Estimate the Price Elasticity of Private School Attendance

Dynarski, Susan M. - 2009

The effect of vouchers on sorting between private and public schools depends upon the price elasticity of demand for … private schooling. Estimating this elasticity is empirically challenging because prices and quantities are jointly determined … an elasticity of Catholic school attendance with respect to tuition costs of -0.19. Our subgroup results suggest that a …

Persistent link: https://www.econbiz.de/10013155117