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The Relationship Between Health And Schooling: What's New?, Michael Grossman
The Relationship Between Health And Schooling: What's New?, Michael Grossman
Economics Working Papers
Many studies suggest that years of formal schooling completed is the most important correlate of good health. There is much less consensus as to whether this correlation reflects causality from more schooling to better health. The relationship may be traced in part to reverse causality and may also reflect "omitted third variables" that cause health and schooling to vary in the same direction. The past five years (2010-2014) have witnessed the development of a large literature focusing on the issue just raised. I deal with that literature and what can be learned from it in this paper. I conclude that …
Joan Robinson And Mit, Harvey Gram, Geoffrey Harcourt
Joan Robinson And Mit, Harvey Gram, Geoffrey Harcourt
Economics Working Papers
The great question which has always haunted the type of analysis offered by the MIT economists in answer to Robinson's provocative critique (1953) has always been her own question: how to get into equilibrium? If the notion of "vision at a distance," inherent in dynamic equilibrium analysis (Dorfman, Samuelson, and Solow, 1958) means co-ordination of long-term expectations, recent work shows theory, that "getting into equilibrium" is an impossibility. This vindicates Robinson's position in the capital controversy, at least with respect to the MIT economists.
Education And Marriage Decisions Of Japanese Women And The Role Of The Equal Employment Opportunity Act, Linda N. Edwards, Takuya Hasebe, Tadashi Sakai
Education And Marriage Decisions Of Japanese Women And The Role Of The Equal Employment Opportunity Act, Linda N. Edwards, Takuya Hasebe, Tadashi Sakai
Economics Working Papers
Prompted by concordant upward trends in both the university advancement rate and the unmarried rate for Japanese women, this paper investigates whether the Equal Employment Opportunity Act (EEOA), which was passed in 1985, affected women's marriage decisions either directly or via their decisions to pursue university education. To this end, we estimate a model that treats education and marriage decisions as jointly determined using longitudinal data for Japanese women. We find little evidence that the passage of EEOA increased the proportion of women who advance to university, but strong support for the proposition that it increased the deterrent effect of …
Son Preference, Fertility Decline And Non-Missing Girls Of Turkey, Onur Altindag
Son Preference, Fertility Decline And Non-Missing Girls Of Turkey, Onur Altindag
Economics Working Papers
Couples in Turkey exhibit son preference through son-biased differential stopping behavior that does not cause a sex ratio imbalance in the population. Demand for sons leads to lower (higher) ratios of boys to girls in large (small) families. Girls are born earlier than their male siblings. Son-biased fertility behavior is persistent in response to decline in fertility over time and across households with parents from different backgrounds. Parents use contraceptive methods to halt fertility following a male birth. The sibling sex composition is associated with gender disparities in health. Among children who were born in the third parity or later, …
Political Inclusion And Educational Investment, Stephen D. O'Connell
Political Inclusion And Educational Investment, Stephen D. O'Connell
Economics Working Papers
Using exogenous geographic variation in exposure to 1993 reforms that introduced seat quotas for women in local government in India, I find a sizable increase in the enrollment rate of male and female school-age children resulting from additional exposure to women leaders. Effects are particularly concentrated among poorer households and those with less- educated proximate role models, and were commensurate with reductions in idle time and household-enterprise employment. There is no evidence for the effects being facilitated by changes in school infrastructure, the labor market, or among broader social factors related to intrahousehold bargaining. Using textual data from the news …
Estimating The Variance Of Decomposition Effects, Takuya Hasebe
Estimating The Variance Of Decomposition Effects, Takuya Hasebe
Economics Working Papers
We derive the asymptotic variance of the Blinder-Oaxaca decomposition effects. We show that the delta method approach that builds on the assumption of fixed regressors understates true variability of the decomposition effects when regressors are stochastic. Our proposed variance estimator takes randomness of regressors into consideration. Our approach is applicable to both the linear and nonlinear decompositions, for the latter of which only a bootstrap method is an option. As our derivation follows the general framework of m-estimation, it is straightforward to extend to the cluster-robust variance estimator. We demonstrate the finite-sample performance of our variance estimator with a Monte …