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This paper estimates the elasticity of substitution between capital and skill using variation across U.S. counties in immigration-induced skill mix changes between 1860 and 1930. We find that capital began as a q-complement for skilled and unskilled workers, and then dramatically increased its...
Persistent link: https://www.econbiz.de/10012457233
The relative size of services industries has increased in most industrialized countries in recent decades. In Canada, the value-added share of services in the economy has increased from about 55 per cent in the early 1960s to more than 70 per cent in the 1990s. Studies suggest that this reflects...
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The paper analyzes the effect of a reform granting alimony rights to cohabiting couples in Canada, exploiting the fact that each province extended these rights in different years and required different cohabitation length. A theoretical analysis, based on a collective household model with a...
Persistent link: https://www.econbiz.de/10010555250
This paper studies the dynamic effect of networks on location and occupation decisions of immigrants to the United States between 1900 and 1930. We compare the distributions of immigrants both by intended and actual state of residence to counterfactual distributions constructed by allocating the...
Persistent link: https://www.econbiz.de/10010755392
This paper analyzes how preferences for a noneconomic characteristic (e.g., caste) can affect equilibrium patterns of matching, and empirically evaluates this in the context of middle-class Indian arranged marriages. We show theoretically how the equilibrium consequences of caste depend on...
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