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We study how becoming a grandparent affects grandparents' labor supply. In a simple model of the allocation of time in which seniors care about their offspring's welfare and also value time spent with family children, the sign of the effect is ambiguous. Using data from the Panel Study of Income...
Persistent link: https://www.econbiz.de/10013055477
We document empirical life cycle profiles of wages, earnings, and hours of work for pay from the Panel Study of Income Dynamics, following the same workers for up to four decades. For six of the eight cohorts we analyze the wage profile does not decline with age (not before 65, at least), while...
Persistent link: https://www.econbiz.de/10013055480
Working-age grandparents supply large amounts of child care, an observation that raises the question of how having grandchildren affects grandparents' own labor supply. Exploiting the unique genealogical design of the PSID and the random variation in the timing when the parents of first-born...
Persistent link: https://www.econbiz.de/10012930926
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I study the causal pathways that link prison work programs to convict rehabilitation, leveraging administrative data from Italy and combining quasi-experimental and structural econometric methods to achieve both a credible identification and the isolation of mechanisms. Due to competing...
Persistent link: https://www.econbiz.de/10012829206
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An argument against the legalization of the cannabis market is that such a policy would increase crime. Exploiting the recent staggered legalization enacted by the states of Washington (end of 2012) and Oregon (end of 2014) we show, combining difference-in-differences and spatial regression...
Persistent link: https://www.econbiz.de/10011703400
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We provide first-pass evidence that the legalization of the cannabis market across US states may be inducing a crime drop. Exploiting the recent staggered legalization enacted by the adjacent states of Washington (end of 2012) and Oregon (end of 2014) we find, combining county-level...
Persistent link: https://www.econbiz.de/10011607580