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Correspondence experiments probe for discrimination by manipulating employer perceptions of applicant characteristics. We consider the gains from dynamically adapting the number and characteristics of fictitious applications to the sequence of employer responses received so far. Calibrating the...
Persistent link: https://www.econbiz.de/10012482537
Governments around the world redistribute to distressed areas by conditioning taxes and transfers on location. We show that when poor households are spatially concentrated, transfers from one location to another can yield equity gains that outweigh their efficiency costs, even when income-based...
Persistent link: https://www.econbiz.de/10012482555
We study trends in income inequality across U.S. states and counties 1960-2019 using a mix of administrative and survey data sources. Both states and counties have diverged in terms of per-capita pre-tax incomes since the late 1990s, with transfers serving to dampen this divergence. County...
Persistent link: https://www.econbiz.de/10012482603
This chapter reviews the theory of monopsonistic wage setting, its empirical implications, and some puzzles the framework has struggled to explain. We begin by examining the fundamentals of monopsonistic wage determination. The core of the theory is a mapping from the distribution of worker...
Persistent link: https://www.econbiz.de/10015326461
This paper reviews the literature on firm wage differences and the fixed effects methods typically used to measure these differences. High wage firms tend to be more productive, larger, more sought after by workers, and to employ more credentialed and higher wage workers. The latest evidence...
Persistent link: https://www.econbiz.de/10015094926
We develop an empirical Bayes ranking procedure that assigns ordinal grades to noisy measurements, balancing the information content of the assigned grades against the expected frequency of ranking errors. Applying the method to a massive correspondence experiment, we grade the race and gender...
Persistent link: https://www.econbiz.de/10014528353
Empirical research typically involves a robustness-efficiency tradeoff. A researcher seeking to estimate a scalar parameter can invoke strong assumptions to motivate a restricted estimator that is precise but may be heavily biased, or they can relax some of these assumptions to motivate a more...
Persistent link: https://www.econbiz.de/10015072848
Approximately four out of ten American children experience the divorce of their parents. This raises concern because studies in sociology, developmental psychology, and economics show that offspring of divorced parents fare worse than offspring of married parents. The belief that a two-parent...
Persistent link: https://www.econbiz.de/10005069343
Persistent link: https://www.econbiz.de/10011421403
This paper reviews the literature on firm wage differences and the fixed effects methods typically used to measure these differences. High wage firms tend to be more productive, larger, more sought after by workers, and to employ more credentialed and higher wage workers. The latest evidence...
Persistent link: https://www.econbiz.de/10015173647