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Race and Economic Opportunity in the United States : An Intergenerational Perspective
Chetty, Raj - 2018
We study the sources of racial disparities in income using anonymized longitudinal data covering nearly the entire U.S. population from 1989-2015. We document three results. First, black Americans and American Indians have much lower rates of upward mobility and higher rates of downward mobility...
Persistent link: https://www.econbiz.de/10012923704
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Spatial Mismatch, Immigrant Networks, and Hispanic Employment in the United States
Hellerstein, Judith K. - 2010
find that it is only the local density of jobs held by Hispanics that matters for Hispanic employment, that measures of … held by Hispanic poor English speakers are most important for the employment of these less-skilled Hispanics than for other … Hispanics. This evidence is consistent with labor market networks being an important influence on the employment of less …
Persistent link: https://www.econbiz.de/10013150734
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Language, Employment and Earnings in the United States : Spanish-English Differentials from 1970 to 1990
Bloom, David E.; Grenier, Gilles - 2021
This paper analyzes employment and earnings differentials between Spanish speakers and English speakers in the United States, using data from the 1970, 1980, and 1990 U.S. censuses. The results show that Spanish speakers, both men and women, do not perform as well in the labor market as English...
Persistent link: https://www.econbiz.de/10013219984
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The Earnings of Linguistic Minorities : French in Canada and Spanish in the United States
Bloom, David E.; Grenier, Gilles - 2021
This paper measures and compares the relative earnings of French and English speakers in Canada, and of Spanish and English speakers in the U.S., in the 1970s and 1980s. In Canada, the earnings gap between French and English speakers narrowed over time, especially in Quebec. This decline appears...
Persistent link: https://www.econbiz.de/10013220946
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Do Firms Use Coupons and In-Store Discounts to Strategically Market Experience Goods Over the Consumption Life-Cycle? The Case of Cigarettes
Sfekas, Andrew - 2014
Cigarettes are experience goods - most of their utility value only gets revealed when one consumes them. We hypothesize a three phase consumer life cycle for experience goods. Consumers initially do not know their utility from the good or their preferences for particular characteristics, and may...
Persistent link: https://www.econbiz.de/10013063292
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Inflation with Covid Consumption Baskets
Cavallo, Alberto - 2020
The Covid-19 Pandemic has led to changes in consumer expenditure patterns that can introduce significant bias in the measurement of inflation. I use data collected from credit and debit transactions in the US to update the official basket weights and estimate the impact on the Consumer Price...
Persistent link: https://www.econbiz.de/10012831285
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Scarring Body and Mind : The Long-Term Belief-Scarring Effects of Covid-19
Kozlowski, Julian - 2020
The largest economic cost of the COVID-19 pandemic could arise from changes in behavior long after the immediate health crisis is resolved. A potential source of such a long-lived change is scarring of beliefs, a persistent change in the perceived probability of an extreme, negative shock in the...
Persistent link: https://www.econbiz.de/10012829787
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How Did U.S. Consumers Use Their Stimulus Payments?
Coibion, Olivier - 2020
Using a large-scale survey of U.S. consumers, we study how the large one-time transfers to individuals from the CARES Act affected their consumption, saving and labor-supply decisions. Most respondents report that they primarily saved or paid down debts with their transfers, with only about 15...
Persistent link: https://www.econbiz.de/10012825493
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Public or Private Production of Food Safety : What Do U.S. Consumers Want?
Smith, V. Kerry - 2010
This paper reports estimates of consumers' preferences for plans to improve food safety. The plans are distinguished based on whether they address the ex ante risk of food borne illness or the ex post effects of the illness. They are also distinguished based on whether they focus on a public...
Persistent link: https://www.econbiz.de/10012758450
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Financial Literacy and High-Cost Borrowing in the United States
Lusardi, Annamaria - 2013
In this paper, we examine high-cost methods of borrowing in the United States, such as payday loans, pawn shops, auto title loans, refund anticipation loans, and rent-to-own shops, and offer a portrait of borrowers who use these methods. Considering a representative sample of more than 26,000...
Persistent link: https://www.econbiz.de/10013083084