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…

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…

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…

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…

Although women are underrepresented in the field of economics, many people see little
need for intervention, arguing that women are inherently less interested in economics, or are less
willing or able to acquire the math skills needed to do well…

Economists attempting to explain the widening of the black-white wage gap in the late 1970's by
differences in school quality have been faced the problem that recent data reveal virtually no gap in the
quality of schools attended by blacks…