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decisions of college graduates. The model is estimated using NLSY data, and used to quantify the sensitivity of migration and … are also large differences across States in the proportion of college graduates in the labor force. State subsidies are … apparently motivated in part by the perceived benefits of having a more educated workforce. The paper extends the migration model …
Persistent link: https://www.econbiz.de/10013024868
redistribution. Approximately 4,000 respondents were randomized into treatments providing interactive, customized information on U …
Persistent link: https://www.econbiz.de/10013085497
We draw on population-level administrative data from the U.S. Department of Education and the Internal Revenue Service to quantify the impact of for-profit college attendance on the employment and earnings of over one million students. Using a matched comparison group difference-in-differences...
Persistent link: https://www.econbiz.de/10012990783
inequality over the last 20 years by restraining labour migration both between the countryside and urban areas and between … geographical divides in China is supported solely by quantity based migration restrictions (urban -- rural areas, rich -- poor … this model to base case data and when we remove migration restrictions all wage and most income inequality disappears …
Persistent link: https://www.econbiz.de/10013240974
This paper develops a framework for estimating preferences in two-sided matching markets with non-transferable utility using only data on observed matches. Unlike single-agent choices, matches depend on the preferences of other agents in the market. I use pairwise stability together with a...
Persistent link: https://www.econbiz.de/10013039765
inequality. Our theory formalizes as well as modifies Linder's conjecture about the relationship between intraindustry trade and …
Persistent link: https://www.econbiz.de/10014074568
We study how monetary policy affects the asymmetric effects of globalization. To this end, we build an open-economy heterogeneous-agent New Keynesian model (HANK), in which households differ in their income, wealth, and real and financial integration with international markets. We use the model...
Persistent link: https://www.econbiz.de/10014089922
attendance, labor supply, wage determination, and aggregate production, which is used to compare alternative redistribution …
Persistent link: https://www.econbiz.de/10013310542
The purpose of the present note is to explore the structure of optimal income taxation/redistribution in an economy …, of course, an additional incentive for income redistribution from wealthy to poor citizens is created and the logical …
Persistent link: https://www.econbiz.de/10013226590
should be provided, determining how the provision of public goods affects the desirability of income redistribution, and …
Persistent link: https://www.econbiz.de/10013226904