Showing 1 - 10 of 18
This paper explores the relationship between openness to trade and to immigration on income per person. To address endogeneity concerns we extend the instrumental-variables strategy first used by Frankel and Romer (1999). We show that distance (geographical and cultural) can be used to build a...
Persistent link: https://www.econbiz.de/10013103530
This study examines how the economic effects of elections in rural China depend on voter heterogeneity, for which we proxy with religious fractionalization. We first document religious composition and the introduction of village-level elections for a nearly nationally representative sample of...
Persistent link: https://www.econbiz.de/10013089285
The rise in American inequality has been exaggerated both in magnitude and timing. Commentators lament the large gap between the growth rates of real median household income and of private sector productivity. This paper shows that a conceptually consistent measure of this growth gap over 1979...
Persistent link: https://www.econbiz.de/10013156245
New York City is the hot spot of the COVID-19 pandemic in the United States. This paper merges information on the number of tests and the number of infections at the New York City zip code level with demographic and socioeconomic information from the decennial census and the American Community...
Persistent link: https://www.econbiz.de/10012837197
In The Bell Curve Herrnstein and Murray argue that a youth's intelligence (IQ) is a more important determinant of social and economic success in adulthood than is the socioeconomic status (SES) of his or her parents. Herrnstein and Murray base this conclusion on comparison of effects of IQ score...
Persistent link: https://www.econbiz.de/10012763720
A growing literature relies on natural experiments to establish causal effects in macroeconomics. In diverse applications, natural experiments have been used to verify underlying assumptions of conventional models, quantify specific model parameters, and identify mechanisms that have major...
Persistent link: https://www.econbiz.de/10013021490
Many social commentators have raised concerns over the possibility that increased sorting in a society can lead to greater inequality. To investigate this we construct a dynamic model of intergenerational education acquisition, fertility, and marital sorting and parameterize the steady state to...
Persistent link: https://www.econbiz.de/10013220393
This paper deals with the labor market entrance of young people in the Federal Republic" of Germany. The main focus is on failures during this stage. First, an overview of the youth" labor market in Germany is given. Then, the transition from vocational training to work is" analyzed: The...
Persistent link: https://www.econbiz.de/10013222219
We examine how economic stratification affects inequality and growth over time. We study economies where heterogenous agents interact through local public goods or externalities (school funding, neighborhood effects) and economy-wide linkages (complementary skills. knowledge spillovers). We...
Persistent link: https://www.econbiz.de/10013233451
The high degree of variance of crime rates across space (and across time) is one of the oldest puzzles in the social sciences (see Quetelet (1835)). Our empirical work strongly suggests that this variance is not the result of observed or unobserved geographic attributes. This paper presents a...
Persistent link: https://www.econbiz.de/10013236807