A life cycle model of labor supply predicts the presence of an
unobserved individual effect (log marginal utility of wealth) in the labor
supply equation which is correlated with the observed explanatory variables,
leading to an omitted variables bias in…

This paper estimates the effects of school quality -- measured by the
pupil-teacher ratio, the average term length, and the relative pay of
teachers -- on the rate of return to education for men born between 1920 and
1949. Using…

The central claim of a rapidly growing literature in international relations is that members
of pairs of democratic states are much less likely to engage each other in war or in serious
disputes short of war than are members of…

I use a sample of over fourteen thousand full-time jobs held by workers
in the National Longitudinal Survey of Youth (NLSY) to examine mobility
patterns and to evaluate theories of inter-firm worker mobility. The roles
of both heterogeneity and state…

This paper reports nonparametric estimates of the effect of labor supply
behavior on the payments to families enrolled in the Seattle/Denver Income
Maintenance Experiment. The randomized assignment of families to the
treatment groups in this experiment was designed to permit…

If hours can be freely varied within jobs, the effect on hours of
changes in preferences for those who do change jobs should be similar to
the effect on hours for those who do not change jobs. Conversely, if
employers…

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This paper presents evidence showing that individuals’ season of birth is
related to their educational attainment because of the combined effects of
school start age policy and compulsory school attendance laws. In most school
districts, individuals born in the beginning…