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Labor supply theory predicts systematic heterogeneity in the impact of recent welfare reforms on earnings, transfers, and income. Yet most welfare reform research focuses on mean impacts. We investigate the importance of heterogeneity using random-assignment data from Connecticut's Jobs First...
Persistent link: https://www.econbiz.de/10010266404
The purpose of this paper is to determine whether workers’ commitment to the labor force declined after 9/11, as many popular press accounts at the time suggested it would. The results indicate that any measured decline in hours spent working was the result of economic conditions rather than...
Persistent link: https://www.econbiz.de/10010397663
In a seminal paper Gibbons and Katz (1991; GK) develop and empirically test an asymmetric information model of the labor market. The model predicts that wage losses following displacement should be larger for layouts than for plant closings, which was borne out by data from the Displaced Workers...
Persistent link: https://www.econbiz.de/10010292119
Persistent link: https://www.econbiz.de/10013342488
areas have had no effect on the relative wages of very low-skill (high school dropouts). Rather, Mexican workers do affect … relative wages for high school graduates. Whereas Card and Lewis' study uses variations across geographies, this paper … relationship between the composition of Mexican immigrants across occupations/industries and average wages in the occupations …
Persistent link: https://www.econbiz.de/10010292094
We estimate the degree of 'stickiness' in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness...
Persistent link: https://www.econbiz.de/10010277539
applicants and 15% of allowed applicants work several years after a disability determination decision. The earnings elasticity …
Persistent link: https://www.econbiz.de/10010292181
While the health risks associated with smoking are well known, the impact on income distributions is not. This paper extends the literature by examining the distributional effects of a behavioral choice, in this case smoking, on net marginal Social Security tax rates (NMSSTR). The results show...
Persistent link: https://www.econbiz.de/10010292226
Twenty-two million families currently receive a total of $34 billion dollars in benefits from the Earned Income Tax Credit (EITC). In fact, the EITC is the largest cash transfer program for lower-income families at the federal level. An unusual feature of the credit is its explicit goal to use...
Persistent link: https://www.econbiz.de/10010266421
We analyze the effect of changes in fertility and longevity on taxes, the composition of government spending, and productivity. To that purpose, we introduce politics in an OLG economy with endogenous growth due to human and physical capital accumulation. Population ageing shifts political power...
Persistent link: https://www.econbiz.de/10011430063