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SIMULATING RUSSIA’S AND OTHER LARGE ECONOMIES’ CHALLENGING AND INTERCONNECTED TRANSITIONS
Benzell, Seth G.; Goryunov, Eugene; Kazakova, Marija; … - 2015
This paper develops a large-scale, dynamic life-cycle model to simulate Russia’s demographic and fiscal transition under favorable and unfavorable fossil-fuel price regimes. The model includes Russia, the U.S., China, India, the EU, and Japan+ (Japan plus Korea). The model predicts dramatic...
Persistent link: https://www.econbiz.de/10011379852
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Who Values the Social Security Annuity? New Evidence on the Annuity Puzzle
Brown, Jeffrey R. - 2008
We examine individuals' self-reported willingness to exchange part of their Social Security inflation-indexed annuity benefit for an immediate lump-sum payment, using an experimental module in the 2004 Health and Retirement Study. Our first finding is that nearly three out of five respondents...
Persistent link: https://www.econbiz.de/10012772743
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Immigration and Inequality
Card, David - 2010
inequality, focusing on evidence from cross-city comparisons in the U.S. Although some researchers have argued that a cross ….S. natives are small. The effects on overall wage inequality (including natives and immigrants) are larger, reflecting the … concentration of immigrants in the tails of the skill distribution and higher residual inequality among immigrants than natives …
Persistent link: https://www.econbiz.de/10012757929
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This Job is 'Getting Old : ' Measuring Changes in Job Opportunities Using Occupational Age Structure
Autor, David H. - 2010
High- and low-wage occupations are expanding rapidly relative to middle-wage occupations in both the U.S. and the E.U. We study the reallocation of workers from middle-skill occupations towards the tails of the occupational skill distribution by analyzing changes in age structure within and...
Persistent link: https://www.econbiz.de/10012757995
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Can You Recognize an Effective Teacher When You Recruit One?
Rockoff, Jonah E. - 2010
factors summarizing cognitive and non-cognitive teacher skills, we find that both factors have a modest and statistically …
Persistent link: https://www.econbiz.de/10012758154
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Luddites and the Demographic Transition
O'Rourke, Kevin H. - 2010
Technological change was unskilled-labor-biased during the early Industrial Revolution, but is skill-biased today. This is not embedded in extant unified growth models. We develop a model which can endogenously account for these facts, where factor bias reflects profit-maximizing decisions by...
Persistent link: https://www.econbiz.de/10012758155
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The Skill Composition of Immigrants and the Generosity of the Welfare State : Free vs. Policy-Controlled Migration
Cohen, Alon - 2010
The paper analyzes the effect of the generosity of the welfare state on the skill composition of immigrants. We develop a parsimonious model in which the effect of an increase in the generosity (and taxes) of the welfare state on the skill composition of immigrants under free migration is...
Persistent link: https://www.econbiz.de/10012758239
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How Much Does Immigration Boost Innovation?
Hunt, Jennifer - 2010
We measure the extent to which skilled immigrants increase innovation in the United States by exploring individual patenting behavior as well as state-level determinants of patenting. The 2003 National Survey of College Graduates shows that immigrants patent at double the native rate, and that...
Persistent link: https://www.econbiz.de/10012758423
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Effects of Low-Skilled Immigration on U.S. Natives : Evidence from Hurricane Mitch
Kugler, Adriana D. - 2010
In the 1980s the composition of immigrants to the U.S. shifted towards less-skilled workers. Around this time, real wages and employment of younger and less-educated U.S. workers fell. Some blame recent immigration shifts for the misfortunes of unskilled workers in the U.S. OLS estimates using...
Persistent link: https://www.econbiz.de/10012758439
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Selection Bias in College Admissions Test Scores
Clark, Melissa A. - 2010
Data from college admissions tests can provide a valuable measure of student achievement, but the non-representativeness of test-takers is an important concern. We examine selectivity bias in both state-level and school-level SAT and ACT averages. The degree of selectivity may differ importantly...
Persistent link: https://www.econbiz.de/10012758490