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Articles 1 - 4 of 4
Full-Text Articles in Labor Economics
Charles Ballard Interview, Justin Carinci
Charles Ballard Interview, Justin Carinci
External Papers and Reports
Professor Charles Ballard of Michigan State University delivered the lecture “The Fall and Rise of Income Equality in the United States” Sept. 27, 2017 as part of the Werner Sichel Lecture Series at Western Michigan University. Ballard detailed the “Great Convergence” of income equality in the United States that grew out of policies of the 1930s and 1940s and a “Great Divergence” of inequality starting about 1980. Ballard called this income gap, which is now greater than during the Gilded Age, “the largest economic phenomenon of our lifetimes.”
Unemployment, Does It Really Hurt?, Claudia Vargas
Unemployment, Does It Really Hurt?, Claudia Vargas
Theses and Dissertations
This paper analyzes the consequences of changes in the unemployment rate in Colombia on the level of education attained for adolescents. Increases in the unemployment rate are associated with an increase in the average number of years of education. No significant effect was found for men of the same age.
Genes, Education, And Labor Market Outcomes: Evidence From The Health And Retirement Study, Nicholas W. Papageorge, Kevin Thom
Genes, Education, And Labor Market Outcomes: Evidence From The Health And Retirement Study, Nicholas W. Papageorge, Kevin Thom
Upjohn Institute Working Papers
Recent advances have led to the discovery of specific genetic variants that predict educational attainment. We study how these variants, summarized as a genetic score variable, are associated with human capital accumulation and labor market outcomes in the Health and Retirement Study (HRS). We demonstrate that the same genetic score that predicts education is also associated with higher wages, but only among individuals with a college education. Moreover, the genetic gradient in wages has grown in more recent birth cohorts, consistent with interactions between technological change and labor market ability. We also show that individuals who grew up in economically …
Four Essays On A Student's Expectation That They Will Complete College, Martin Gray Hunter
Four Essays On A Student's Expectation That They Will Complete College, Martin Gray Hunter
Theses and Dissertations--Economics
It has been common practice in the economics literature to utilize data on observed outcomes and negate what individuals believe or expect will happen in the future. Using responses to a unique set of questions in the 1997 National Longitudinal Survey of Youth (NLSY97) I show that the literature could benefit in several ways by incorporating such data. The leading essay documents a positive association between a student's subjective probabilistic belief that they will complete a four-year college degree and whether or not they attend and complete college. The results indicate the following. First, although overconfident, individuals as young as …