Descripción completa.

Descripción completa.

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…

Instrumental Variables (IV) estimates tend to be biased in the same direction as
Ordinary Least Squares (OLS) in finite samples if the instruments are weak. To address
this problem we propose a new IV estimator which we call Split Sample…

This paper examines the properties and prevalence of measurement
error in longitudinal earnings data. The analysis compares Current
Population Survey data to administrative Social Security payroll tax
records for a sample of heads of households over two years. In contrast

More than one million new immigrants currently enter the United States every year. In this paper
I use 1990 Census data to study the effects of immigrant inflows on the local labor market
opportunities of natives and older immigrants. I…

In The Wage Qurve, David G. Blanchflower and Andrew J. Oswald argue that there is
a fundamental negative relation between wages and the unemployment rate in a worker’s local
labor market. Blanchflower and Oswald use large-scale micro data sets to…

Is executive compensation influenced by the composition of the Board of Directors? About one in
ten Chief Executive Officers (CEOs) is "reciprocally interlocked" with another CEO -- a current or
retired CEO of firm A serves as a director of…

According to standard economic models, adverse demand shocks will lead to bigger
employment losses if institutional factors like minimum wages and trade unions prevent real
wages from falling. Some economists have argued that this insight explains the contrast
between the…

Using data from the NLSY (1979-1991) and from the PSID (1981-1987), l seek to determine whether
there is any net positive return to tenure with the current employer once we control for industry-specific
capital. Using data from the PSID, Topel…