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Beyond some contracted minimum, salaried workers' hours are largely chosen at the worker's discretion and should respond to the strength of contract incentives. Accordingly, we consider the response of teacher hours to accountability and school choice laws introduced in U.S. public schools over...
Persistent link: https://www.econbiz.de/10012466701
explanations of firm sponsored training. Using microdata from Germany, we show that the predictions of the specific human capital …
Persistent link: https://www.econbiz.de/10012473240
We show that a calibrated life-cycle two-earner household model with endogenous labor supply can rationalize the extent of consumption insurance against shocks to male and female wages, as estimated empirically by Blundell, Pistaferri and Saporta-Eksten (2016) in U.S. data. With additively...
Persistent link: https://www.econbiz.de/10012453242
the short- and medium-run. To identify the causal effects of these shock realizations, we leverage administrative data on … experience the same shock but a few years in the future. We find that fatal health shocks lead to an immediate increase in the …
Persistent link: https://www.econbiz.de/10012457316
In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that incorporates household consumption and family labor supply decisions. We derive analytical expressions based on approximations for the dynamics of consumption, hours, and earnings...
Persistent link: https://www.econbiz.de/10012460216
Employment-contingent health insurance creates incentives for ill workers to remain employed at a sufficient level (usually full-time) to maintain access to health insurance coverage. We study employed married women, newly diagnosed with breast cancer, comparing labor supply responses to breast...
Persistent link: https://www.econbiz.de/10012460599
The stochastic process for earnings is the key element of incomplete markets models in modern quantitative macroeconomics. We show that a simple modification of the canonical process used in the literature leads to a dramatic improvement in the measurement of earnings dynamics in administrative...
Persistent link: https://www.econbiz.de/10012455742
results follow a treatment-effects framework where we estimate the effect of a Census Shock on federal spending, income, and … per job of $30,000 per year. A complementary IV estimation strategy yields similar estimates. We also explore the …
Persistent link: https://www.econbiz.de/10012456252
We analyze the economic returns to different postsecondary degrees in Chile. We posit a schooling decision model with unobserved ability, observed test scores and labor market outcomes. We benefit from administrative records to carry out our empirical strategy. Our results show positive average...
Persistent link: https://www.econbiz.de/10012459826
In the canonical regression discontinuity (RD) design for applicants who face an award or admissions cutoff, causal effects are nonparametrically identified for those near the cutoff. The impact of treatment on inframarginal applicants is also of interest, but identification of such effects...
Persistent link: https://www.econbiz.de/10012459998