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available technology. Our theory suggests that European education policies that favored specialized, vocational education might …In this paper, we develop a model of technology adoption and economic growth in which households optimally obtain … either a concept-based, general' education or a skill-specific, vocational' education. General education is more costly to …
Persistent link: https://www.econbiz.de/10012469295
Foresightful workers can take actions to reduce their exposure to risk in labor markets, but existing evidence on narrow bracketing suggests that individuals might not optimally integrate risk reduction decisions with subsequent labor decisions. In an online labor market, we vary the level of...
Persistent link: https://www.econbiz.de/10013477286
This paper studies the impact of adult prosecution on recidivism and employment trajectories for adolescent, first-time felony defendants. We use extensive linked Criminal Justice Admin- istrative Record System and socio-economic data from Wayne County, Michigan (Detroit). Using the discrete age...
Persistent link: https://www.econbiz.de/10014337757
region in the World. Expected future levels of education, very young and youth population, youth employment and unemployment …
Persistent link: https://www.econbiz.de/10014337769
While the direct impacts of minimum wage changes on employment have received considerable attention, these policy changes have the potential to impact skill attainment by changing the opportunity cost of college enrollment. Using institutional data on college enrollment and program completion,...
Persistent link: https://www.econbiz.de/10014337773
In theory, unilateral divorce laws alter the private incentive to invest in human capital by permitting either spouse to initiate the division of the marital assets. Using several causal research designs we show that both men and women are less likely to attain a bachelor's degree in states with...
Persistent link: https://www.econbiz.de/10014337779
We provide the first systematic account of summer declines in women's labor market activity. From May to July, the employment-to-population ratio among prime-age US women declines by 1.1 percentage points, whereas male employment rises; women's total hours worked fall by 9.8 percent, more than...
Persistent link: https://www.econbiz.de/10014337799
production in higher education and suggest that policy efforts that aim to align human capital investment with labor demand may …
Persistent link: https://www.econbiz.de/10014337805
Concurrent with the precipitous decline in private sector unionization over the past half century, there has been a shift in the type of work covered by unions. We take a skill-based approach to studying this shift, using data from the Current Population Survey combined with occupation-specific...
Persistent link: https://www.econbiz.de/10014337809
We estimate the impact of financial sanctions in the U.S. criminal justice system using nine distinct natural experiments across five states. These regression discontinuity designs capture a range of enforcement levels ($17-$6,000) and institutional environments, providing robust causal evidence...
Persistent link: https://www.econbiz.de/10014337814