Showing 1 - 10 of 49
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
Policy debates about the balance of vocational and general education programs focus on the school-to-work transition. But with rapid technological change, gains in youth employment from vocational education may be offset by less adaptability and thus diminished employment later in life. To test...
Persistent link: https://www.econbiz.de/10013119603
'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
technological environment during the pre-industrial era had generated only temporary gains in income per capita, eventually leading …
Persistent link: https://www.econbiz.de/10013125175
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 summarizes the main findings of a recent literature that has constructed top income shares time series over … the long-run for more than 20 countries using income tax statistics. Top incomes represent a small share of the population … but a very significant share of total income and total taxes paid. Hence, aggregate economic growth per capita and Gini …
Persistent link: https://www.econbiz.de/10013150638
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