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International Trade and Per Capita Income Convergence : A Difference-in-Differences Analysis

Slaughter, Matthew J. - 1998

In this paper I analyze whether international trade contributes to per capita income convergence across countries. The analysis focuses on four important post-1945 multilateral trade liberalizations. To identify trade's effect on income dispersion, in each case I use a difference-in-differences'...

Persistent link: https://www.econbiz.de/10012472251

Per Capita Income Convergence and the Role of International Trade

Slaughter, Matthew J. - 1997

reason might be perspective. Most convergence papers frame the analysis in a `Solow world' in which countries exist … independent of one another. But most international trade economists have a very different perspective of a world in which … theory. The key point here is that countries trading is not sufficient proof that trade helps cause per capita income …

Persistent link: https://www.econbiz.de/10012472931

International Rent Sharing in Multinational Firms

Budd, John W. - 2002

We use a unique firm-level panel data set of multinational parents and their foreign affiliates to analyze whether profits are shared across borders within multinational firms. Using both fixed-effects and generalized method-of-moments estimators, affiliate wage levels are estimated to respond...

Persistent link: https://www.econbiz.de/10012469906

New Methods for Estimating Labor Supply Functions : A Survey

Heckman, James J. - 1982

This paper surveys new methods for estimatifg labor supply functions. A unified framework of analysis is presented. All recent models of labor supply are special cases of a general index function model developed for the analysis o dummy endogenous variables

Persistent link: https://www.econbiz.de/10012478253

Testing the Correlated Random Coefficient Model

Heckman, James J. - 2009

The recent literature on instrumental variables (IV) features models in which agents sort into treatment status on the basis of gains from treatment as well as on baseline-pretreatment levels. Components of the gains known to the agents and acted on by them may not be known by the observing...

Persistent link: https://www.econbiz.de/10012463186

Fifty Years of Mincer Earnings Regressions

Heckman, James J. - 2003

option values, the internal rate of return - a cornerstone of classical human capital theory - is not a useful guide to …

Persistent link: https://www.econbiz.de/10012468966

Does the Sector Bias of Skill-Biased Technical Change Explain Changing Wage Inequality?

Haskel, Jonathan E. - 1998

This paper examines whether the sector bias of skill-biased technical change (sbtc) explains changing skill premia within countries in recent decades. First, using a two-factor, two-sector, two-country model we demonstrate that in many cases it is the sector bias of sbtc that determines sbtc's...

Persistent link: https://www.econbiz.de/10012472244

Life Cycle Schooling and Dynamic Selection Bias : Models and Evidence for Five Cohorts

Cameron, Stephen V. - 1998

This paper examines an empirical regularity found in many societies: that family influences on the probability of transiting from one grade level to the next diminish at higher levels of education. We examine the statistical model used to establish the empirical regularity and the intuitive...

Persistent link: https://www.econbiz.de/10012472433

International Trade and Labor-Demand Elasticities

Slaughter, Matthew J. - 1997

In this paper I try to determine whether international trade has been increasing the own-price elasticity of demand for U.S. labor in recent years. The empirial work yields three main results. First, from 1960 through 1990 demand for U.S. production labor became more elastic in manufacturing...

Persistent link: https://www.econbiz.de/10012472549

The Non-Market Benefits of Education and Ability

Heckman, James J. - 2017

This paper analyzes the non-market benefits of education and ability. Using a dynamic model of educational choice we estimate returns to education that account for selection bias and sorting on gains. We investigate a range of non-market outcomes including incarceration, mental health, voter...

Persistent link: https://www.econbiz.de/10012453818