Opportunities for external validation of behavioral models in the social sciences that are based on randomized social experiments or on large regime shifts, that can be treated as experiments for the purpose of model validation, are extremely rare. In this paper, we consider an alternative...

We analyze the 1986 and 1987 Panels of the Survey of Income and Program Participation (SIPP) to examine the extent and magnitude of employment instability among black, Hispanic and white men and women to address two questions about the character and correlates of labor force instability. First,...

Austria faces significant population aging. This will increase public spending on pensions, health care, and long-term care, while tax and social security revenues will fall. This paper analyzes the fiscal burden facing Austria due to aging and the policy steps necessary to address it. The paper...

Most Oecd Countries are experiencing a rapid population ageing. Italy adds to this picture a very low labour market participation of the elders, so that most projections of the impact of ageing on the labour market are rather pessimistic. However, there are other long run modifications currently...

This study estimates the adequacy of retirement wealth of pre-retirement households using a 1995 national sample of households. Retirement wealth is projected using planned retirement age and portfolio allocation. Retirement needs are estimated from expenditure functions, and 52% of the...

This paper considers how divorce law alters the incentives for couples to invest in their marriage, focusing on the impact of unilateral divorce laws on investments in new marriages. Differences across states between 1970 and 1980 provide useful quasi-experimental variation with which to...

Recent research has shown that low-income households have a higher probability of babies being born underweight, which is an indicator of poor health. The causes and effects of the weights of newborn babies need to be analyzed in Japan, where the proportion of low-weight babies is extremely high...

Se propone un análisis descriptivo de la interacción entre educación e inserción al matrimonio y a la vida activa en un contexto de pirámide de población regresiva y de expansión educativa, en particular en las generaciones jóvenes de mujeres, que desde hace un cuarto de siglo aventajan...

Using data from the 1997-cohort of the National Longitudinal Survey of Youth (NLSY-97), we examine the effects of California’s first in the nation government-mandated paid family leave program (CA-PFL) on mothers’ and fathers’ use of leave during the period surrounding child birth, and on...

Anti-discrimination policies play an important role in public discussions. However, identifying discriminatory practices in the labor market is not an easy task. Correspondence testing provides a credible way to reveal discrimination in hiring and provide hard facts for policies. The method...