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Full-Text Articles in Labor Economics

Us Social Security Rules In The 1990s: A Natural Experiment In Myopic And Farsighted Behaviour, Stephen D. Rubb Aug 2002

Us Social Security Rules In The 1990s: A Natural Experiment In Myopic And Farsighted Behaviour, Stephen D. Rubb

WCBT Faculty Publications

During the 1990s changes in the earnings test threshold and the delayed retirement credit had the potential to impact the labour supply of 65 to 69-year-olds. These changes in Social Security rules are used to examine whether labour supply behaviour of elderly men and women is 'myopic' or 'farsighted'. Men are found to be more farsighted than previously realized, perhaps due to increases in life expectancy.


A Tale Of Two Decades: Changes In Work And Earnings In Massachusetts, 1979–1999, Randy Albelda, Marlene Kim Apr 2002

A Tale Of Two Decades: Changes In Work And Earnings In Massachusetts, 1979–1999, Randy Albelda, Marlene Kim

Economics Faculty Publication Series

Over the past twenty years, Massachusetts has replaced the mantle of old-style manufacturing with a robust “new economy.” Our economic vitality has never been better. But not all individuals benefited from the 1990s boom as they had from the one a decade earlier. Some of our residents are worse off than they were before.


Instrumental Variable Estimates Of The Labor Market Spillover Effects Of Welfare Reform, Timothy J. Bartik Apr 2002

Instrumental Variable Estimates Of The Labor Market Spillover Effects Of Welfare Reform, Timothy J. Bartik

Upjohn Institute Working Papers

By increasing the labor supply of welfare recipients, welfare reform may reduce wages and increase unemployment among other less-educated groups. These "spillover effects" are difficult to estimate because welfare caseloads decrease in response to improvements in the economy, which leads caseload reductions to be associated with improvements in labor market outcomes. This paper corrects for the endogeneity of caseloads by using instruments that reflect policy. The estimates suggest that welfare reform has significant spillover effects: welfare reform reduces employment of male high school dropouts, and reduces wages of single mothers and male high school dropouts.


Learning And Earning In Vacationland: Promoting Education And Economic Opportunity In Maine, Anthony Carnevale, Donna M. Desrochers Jan 2002

Learning And Earning In Vacationland: Promoting Education And Economic Opportunity In Maine, Anthony Carnevale, Donna M. Desrochers

Maine Policy Review

Technological innovation, globalization and other economic forces together shape the structure of jobs and the way we work. Such forces have gained momentum over the last 40 years with the advent of a new economy that is increasingly reliant on skilled workers with a postsecondary education. This trend is evident in all sectors of Maine’s economy. In this article, Carnevale and Desrochers show where the jobs are in Maine and how the education attainment of those who hold such jobs has changed over the last 40 years. They look at where jobs will be in the future and the skills …


Liberal Ideals And Political Feasibility: Guest-Worker Programs As Second-Best Policies, Howard F. Chang Jan 2002

Liberal Ideals And Political Feasibility: Guest-Worker Programs As Second-Best Policies, Howard F. Chang

All Faculty Scholarship

No abstract provided.


Economic Prosperity In Maine: Held Back By The Lack Of Higher Education, Philip A. Trostel Jan 2002

Economic Prosperity In Maine: Held Back By The Lack Of Higher Education, Philip A. Trostel

Maine Policy Review

Maine lags the nation in economic prosperity and in education attainment, and there is little doubt that the relative lack of higher education in Maine is a leading factor. In this article, Trostel looks at each of the three sources of Maine’s relatively low education attainment: the net emigration of college graduates (who are presumably in search of employment opportunities elsewhere); relatively fewer students going on to college; and the net emigration of high-school graduates leaving Maine to attend out-of-state postsecondary schools. While all three factors have happened in Maine to some extent, the net emigration of the state’s high-school …