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The Determinants of Income Segregation and Intergenerational Mobility : Using Test Scores to Measure Undermatching

Chetty, Raj - 2020

We analyze how changes in the allocation of students to colleges would affect segregation by parental income across colleges and intergenerational mobility in the United States. We do so by linking data from tax records on parents' incomes and students' earnings outcomes for each college to data...

Persistent link: https://www.econbiz.de/10012479272

Happiness and the Quality of Government

Helliwell, John F. - 2020

This chapter uses happiness data to assess the quality of government. Our happiness data are drawn from the Gallup World Poll, starting in 2005 and extending to 2017 or 2018. In our analysis of the panel of more than 150 countries and generally over 1,500 national-level observations, we show...

Persistent link: https://www.econbiz.de/10012479363

On the Controversies behind the Origins of the Federal Economic Statistics

Rockoff, Hugh - 2019

Although attempts to measure trends in prices, output, and employment can be traced back for centuries, in the main the origins of the U.S. federal statistics are to be found in bitter debates over economic policy, ultimately debates over the distribution of income, at the end of the nineteenth...

Persistent link: https://www.econbiz.de/10012479387

Measuring Productivity : Lessons from Tailored Surveys and Productivity Benchmarking

Atkin, David - 2019

We use tailored surveys and benchmarking in the flat-weave rug industry to better understand the shortcomings of standard productivity measures. TFPQ performs poorly because of variation in product specifications across firms. Controlling for specifications aligns TFPQ with lab benchmarks. We...

Persistent link: https://www.econbiz.de/10012479427

Productivity Measurement : Racing to Keep Up

Sichel, Daniel E. - 2019

This paper provides a non-technical review of the literature and issues related to the measurement of aggregate … productivity. I begin with a discussion of productivity measures, their performance in recent decades, and key measurement puzzles … measurement to keep up with a changing economy? This section frames the issues and points to the most important and promising …

Persistent link: https://www.econbiz.de/10012479512

Bringing Satellite-Based Air Quality Estimates Down to Earth

Fowlie, Meredith - 2019

We use state-of-the-art, satellite-based PM2.5 estimates to assess the extent to which the EPA's existing, monitor-based measurements over- or under-estimate true exposure to PM2.5 pollution. Treating satellite-based estimates as truth implies a substantial number of "policy...

Persistent link: https://www.econbiz.de/10012479514

Household Innovation, R&D, and New Measures of Intangible Capital

Sichel, Daniel - 2019

Household R&D (or household innovation) is an important source of innovation that has to date been largely overlooked in research related to national accounts. Indeed, it is not currently counted as investment in the literatures on household production and human capital. This paper develops time...

Persistent link: https://www.econbiz.de/10012479552

Measuring Global Economic Activity

Hamilton, James D. - 2019

A number of economic studies have used a proxy for world real economic activity derived from shipping costs. This measure turns out to depend on a normalization that has substantive consequences of which users of the index had been unaware prior to this paper. This paper further evaluates this...

Persistent link: https://www.econbiz.de/10012479728

Measuring Intangible Capital with Market Prices

Ewens, Michael - 2019

Existing standards prohibit disclosures of internally created intangible capital to firm balance sheets, resulting in a downward bias of reported assets. To characterize off-balance sheet intangible assets, we use transaction prices to estimate this missing intangible capital. On average, our...

Persistent link: https://www.econbiz.de/10012479910

Accounting for the Impact of Medicaid on Child Poverty

Korenman, Sanders - 2019

US Census Bureau poverty measures do not include an explicit need for health care or insurance nor do they consider health insurance benefits to be resources. Consequently, they cannot measure the direct impact of health insurance benefits on poverty. This paper reviews conceptual and practical...

Persistent link: https://www.econbiz.de/10012479922