Showing 31 - 40 of 51
Persistent link: https://www.econbiz.de/10010094151
A standard object of empirical analysis in labor economics is a modified Mincer wage function in which an individual’s log wage is a function of education, experience, and race. We analyze this approach in a context where individuals live and work in different locations (thus facing different...
Persistent link: https://www.econbiz.de/10010148483
In his classic work on the economics of fertility, Becker (1960) suggests that children are likely “normal.” We examine this contention. Our first step is documenting an empirical regularity about the cross section of non-Hispanic white married couples in the U.S.: When we restrict...
Persistent link: https://www.econbiz.de/10014213319
In standard economic theory, labor supply decisions depend on the complete set of prices: the wage and the prices of relevant consumption goods. Nonetheless, most of theoretical and empirical work ignores prices other than wages when studying labor supply. The question we address in this paper...
Persistent link: https://www.econbiz.de/10014217260
This paper documents a little-noticed feature of U.S. labor markets -- very large variation in the labor supply of married women across cities. We focus on cross-city differences in commuting times as a potential explanation for this variation. We start with a model in which commuting times...
Persistent link: https://www.econbiz.de/10014218301
Using Census Public Use Micro Sample (PUMS) data for 1980, 1990 and 2000, this paper documents a little-noticed feature of U.S. labor markets that there is wide variation in the labor market participation rates and annual work hours of white married women across urban areas. This variation is...
Persistent link: https://www.econbiz.de/10014223392
Economists generally assume, implicitly, that "the return to schooling" is invariant across local labor markets. We demonstrate that this outcome pertains if and only if preferences are homothetic - a special case that seems unlikely. Our theory predicts that returns to education will instead be...
Persistent link: https://www.econbiz.de/10014224610
How significant was the economic progress of African-Americans in the U.S. between 1970 and 2000? In this paper we examine this issue for black men 25-55 years old who live in 14 large U.S. metropolitan areas. We present the evidence that significant racial disparities remain in education and...
Persistent link: https://www.econbiz.de/10013094648
In standard economic theory, labor supply decisions depend on the complete set of prices: the wage and the prices of relevant consumption goods. Nonetheless, most of theoretical and empirical work ignores prices other than wages when studying labor supply. The question we address in this paper...
Persistent link: https://www.econbiz.de/10005707797
How significant was the economic progress of African-Americans in the U.S. between 1970 and 2000? In this paper we examine this issue for black men 25-55 years old who live in 14 large U.S. metropolitan areas. We present the evidence that significant racial disparities remain in education and...
Persistent link: https://www.econbiz.de/10008500246