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We estimate the trend in the transitory variance of male earnings in the U.S. using the Michigan Panel Study of Income …
Persistent link: https://www.econbiz.de/10013129122
We employ a regression discontinuity design based on close elections to estimate the rents from a seat in the U.S. congress between 1850-1880. Using census data, we compare wealth accumulation among those who won or lost their first race by a small margin. We find evidence of significant returns...
Persistent link: https://www.econbiz.de/10013117869
's effects on city-level measures of income, property values, employment and poverty rates, and population. The estimated effects … on income, property values, and population are positive and economically significant. They are not driven by changes in …
Persistent link: https://www.econbiz.de/10013120192
The cross-national intragenerational income mobility literature assumes within-country mobility is invariant over the … the entire period 1984-2006, we find the conventional result that income mobility is greater in Germany. But when we cut … the data into moving five-year windows and compare mobility before and after reunification, income mobility declines …
Persistent link: https://www.econbiz.de/10013089392
Current Population Survey, the Panel Study of Income Dynamics, the Consumer Expenditure Survey, and the Survey of Consumer … earnings, to disposable income, and, ultimately, to consumption and wealth. We document a continuous and sizable increase in … before 1982, but mitigate its increase thereafter. Taxes and transfers compress the level of income inequality, especially at …
Persistent link: https://www.econbiz.de/10013150375
This paper studies long-term trends in the labor market performance of immigrants in the United States, using the 1960-2000 PUMS and 1994-2009 CPS. While there was a continuous decline in the earnings of new immigrants 1960-1990, the trend reversed in the 1990s, with newcomers doing as well in...
Persistent link: https://www.econbiz.de/10013150641
-family relations and focus on households as collections of roommates. The model's mechanism is that rising income leads to a falling … size, consumption patterns, and income in the cross-section at the end of the 20th century. We then project the model back … to 1850 by changing income. We find that our proposed mechanism can account for 37 percent of the decline in the number …
Persistent link: https://www.econbiz.de/10013155024