This paper tests the rational expectations lifecycle model of consumption
against (i) a simple Keynesian model and (ii) the rational expectations
lifecycle model with imperfect capital markets. The tests are based upon the
relative responsiveness of consumption to income changes…

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…

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…

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…

This paper examines the short-run impacts of a change in residential neighborhood on the
well-being of low-income families, using evidence from a program in which eligibility for a housing
voucher was determined by random lottery. We examine the experiences of…