This paper reports the results of surveys of specialists in labor economics and public
economics at 40 leading research universities in the United States. Respondents provided
opinions of policy proposals; quantitative best estimates and 95% confidence intervals for
economic parameters;…

This paper analyzes data on 11,600 students and their teachers who were randomly assigned to
different size classes from kindergarten through third grade. Statistical methods are used to
adjust for non-random attrition and transitions between classes. The main conclusions are:…

This paper examines the effect of technological change and other factors on the relative demand
for workers with different education levels and on the recent growth of U.S. educational wage
differentials. A simple supply-demand framework is used to interpret changes…

This paper analyzes the labor supply behavior of food and beverage vendors at a
single major league baseball stadium over an entire season. In contrast to the conven-
tional labor supply model, the vendors who I study are paid a…

We report preliminary results of an analysis of the reaction of stock prices to
announcements of reductions in force (RIFs) using a large sample of such announcements
during the 1970-1997 period collected from the Wall Street Journal index. We find…

Despite earlier evidence to the contrary, recent inquiries appear to reach a consensus that the poor
pay more for food. However, these studies utilize samples drawn on the basis of prior
knowledge of unfair pricing strategies, proximity of volunteer surveyors,…

I examine the extent to which workers who lose jobs find work in alterna-
tive employment arrangements such as temporary work, part-time work, and independent
contracting rather than as conventional full-time “regular” employees. The analysis is
based on data from…

We study the reaction of stock prices to announcements of reductions in force
(RIFs) using a sample of nearly 3878 such announcements in 1176 large firms during the
1970-97 period collected from the Wall Street Journal Index. We note that,…

This paper provides a long-term follow-up of students who participated in the Tennessee STAR experiment. The Tennessee STAR experiment randomly assigned l 1,600 elementary school
students and their teachers to a small class, regular-size class or regular-size class with a…

An instrumental variable can be used to identify the labor market return to schooling by
allowing comparisons between groups of individuals whose differences in schooling levels are
uncorrelated with their underlying marginal benefit from schooling and with other aspects of