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Human Capital and Social Capital : The Rise of Secondary Schooling in America, 1910 to 1940
Goldin, Claudia; Katz, Lawrence F. - 2021
the center of this belt' was the state of Iowa and we use information from the unique 1915 Iowa State Census to explore … the factors, at both the county and individual levels, that propelled states like Iowa to embrace secondary school … education very early. Iowa's small towns, as well as those across the nation, were the loci of the high school movement. In an …
Persistent link: https://www.econbiz.de/10013248548
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The Economics of Open Air Markets
List, John A. - 2010
Despite their current prevalence and historical significance, little is known about the economics of open air markets. This paper uses open air markets as a natural laboratory to provide initial insights into the underlying operation of such markets. Using data on thousands of individual...
Persistent link: https://www.econbiz.de/10013150551
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Toward an Understanding of Reference-Dependent Labor Supply : Theory and Evidence from a Field Experiment
Andersen, Steffen - 2018
Perhaps the most powerful form of framing arises through reference dependence, wherein choices are made recognizing the starting point or a goal. In labor economics, for example, a form of reference dependence, income targeting, has been argued to represent a serious challenge to traditional...
Persistent link: https://www.econbiz.de/10012937656
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Estimating the Effects of Large Shareholders Using a Geographic Instrument
Becker, Bo - 2011
Large shareholders may play an important role for firm performance and policies, but identifying this empirically presents a challenge due to the endogeneity of ownership structures. We develop and test an empirical framework which allows us to separate selection from treatment effects of large...
Persistent link: https://www.econbiz.de/10013120315
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Myths and Realities of American Political Geography
Glaeser, Edward L.; Ward, Bryce Adam - 2021
The division of America into red states and blue states misleadingly suggests that states are split into two camps, but along most dimensions, like political orientation, states are on a continuum. By historical standards, the number of swing states is not particularly low, and America's...
Persistent link: https://www.econbiz.de/10013313311
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Do Principals Fire the Worst Teachers?
Jacob, Brian - 2021
dismissal. In 2004, the Chicago Public Schools (CPS) and Chicago Teachers Union (CTU) signed a new collective bargaining …
Persistent link: https://www.econbiz.de/10013311938
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Trends in World Inequality in Life Span Since 1970
Edwards, Ryan D. - 2010
Previous research has revealed much global convergence over the past several decades in life expectancy at birth and in infant mortality, which are closely linked. But trends in the variance of length of life, and in the variance of length of adult life in particular, are less well understood. I...
Persistent link: https://www.econbiz.de/10013142091
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Monetary Policy and Asset Prices : A Look Back at Past U.S. Stock Market Booms
Bordo, Michael D. - 2011
This paper examines the economic environments in which past U.S. stock market booms occurred as a first step toward understanding how asset price booms come about and whether monetary policy should be used to defuse booms. We identify several episodes of sustained rapid rise in equity prices in...
Persistent link: https://www.econbiz.de/10013127756
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The U.S. Left Behind : The Rise of IPO Activity Around the World
Doidge, Craig - 2011
During the past two decades, there has been a dramatic change in IPO activity around the world. Though vibrant IPO activity, attributed to better institutions and governance, used to be a strength of the U.S., it no longer is. IPO activity in the U.S. has fallen compared to the rest of the world...
Persistent link: https://www.econbiz.de/10013127767
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The Effects of U.S. Tax Policy on the Income Repatriation Patterns of U.S. Multinational Corporations
Altshuler, Rosanne - 2011
U.S. corporations owe taxes to the U.S. Treasury on income earned both inside and outside American borders. This paper examines the incentives created by the U.S. tax system for the legal avoidance of taxes on foreign source income. Using data from 1986 corporate tax returns, we investigate the...
Persistent link: https://www.econbiz.de/10013128014