Considerable policy interest has developed in assessing the performance of employment and training programs, most notably the Comprehensive Employment and Training Act. (CETA) and the Job Training Partnership Act (JTPA). This paper develops a production frontier model for the Employment Service...

We utilize data from the Panel Study of Income Dynamics (PSID) to study borrowing decisions and other factors related to the run-up in housing prices in 1999-2007, their precipitous decline in 2007-2009, and how they contributed to mortgage distress and foreclosures as of 2009-2011. Difficulties...

The U.S. occupational composition is being shaped by changing output, production technology, and by social processes. Using micro panel data we compare the occupations of men and women age 30-55 as of 2013 to those reported to have been held by their parents when the now adult children were...

There are extraordinary opportunities to address the next generation of research challenges in the social, behavioral, and economic sciences that build on the Panel Study of Income Dynamics (PSID). First, PSID offers untapped opportunities to examine questions of relevance to our understanding...

This study explores determinants of the wage penalty borne by smokers. The authors reconstruct individual smoking histories by pooling PSID (Panel Study of Income Dynamics) data for 1986-2001. They find no wage gap between former smokers and those who had never smoked, but statistically...