Union density in the public sector is approximately twice the level of that in the private sector in both Canada and the United States. Canadian data are particularly useful for analyzing differences between the public and private sectors because of several industries that have a substantial...

This paper uses information from the Dictionary of Occupational Titles (DOT) and Displaced Worker Surveys (DWS) to provide evidence on the source of human capital specificity. Measures of four basic skills are constructed from the detailed DOT information. These measures are used to characterize...

Separate identification of the price and quantity of human capital has important implications for understanding key issues in labor economics and macroeconomics. Price and quantity series are derived and subjected to robustness checks. The human capital price series associated with different...

From a probit model of enrollments, estimates of the expected net present value of postsecondary education are developed for a sample of high school graduates, based exclusively on individual expectations of the relevant costs and benefits at the time of ...

The paper develops a simple model of repeated automobile insurance contracts, providing a framework for analyzing changes in aggregate insurance data in periods of changes that affect driver incentives. Experience rating of premiums gives drivers an incentive to exert effort to avoid accidents...