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Social and Behavioral Sciences Commons

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Selected Works

2011

Economics

Earnings

Articles 1 - 8 of 8

Full-Text Articles in Social and Behavioral Sciences

How Does Your Kindergarten Classroom Affect Your Earnings? Evidence From Project Star, Raj Chetty, John Friedman, Nathaniel Hilger, Emmanuel Saez, Diane Schanzenbach, Danny Yagan Oct 2011

How Does Your Kindergarten Classroom Affect Your Earnings? Evidence From Project Star, Raj Chetty, John Friedman, Nathaniel Hilger, Emmanuel Saez, Diane Schanzenbach, Danny Yagan

Diane Whitmore Schanzenbach

In Project STAR, 11,571 students in Tennessee and their teachers were randomly assigned to classrooms within their schools from kindergarten to third grade. This article evaluates the long-term impacts of STAR by linking the experimental data to administrative records. We first demonstrate that kindergarten test scores are highly correlated with outcomes such as earnings at age 27, college attendance, home ownership, and retirement savings. We then document four sets of experimental impacts. First, students in small classes are significantly more likely to attend college and exhibit improvements on other outcomes. Class size does not have a significant effect on earnings …


Taiwan’S Changing Employment And Earnings Structure, Gary S. Fields Sep 2011

Taiwan’S Changing Employment And Earnings Structure, Gary S. Fields

Gary S Fields

[Excerpt] In its determined pursuit of economic development throughout the latter part of the twentieth century, Taiwan consistently succeeded in achieving growth rates that were amongst the highest in the world; however, in tandem with such growth, a number of significant changes also took place in the island's labour market. This chapter begins by highlighting some of the most important of these aggregate changes, as follows: (i) the achievement, and subsequent maintenance of, essentially full employment; (ii) improvements in the overall mix of jobs, in particular, a steady reduction in the share of agricultural employment to total employment, a very …


Taiwan’S Private Sector Labour Market Prior To 1996, Gary S. Fields Sep 2011

Taiwan’S Private Sector Labour Market Prior To 1996, Gary S. Fields

Gary S Fields

[Excerpt] Analysis of the inter-industry earnings differentials revealed that these differentials were quite small by international standards, and indeed, that earnings were rising at roughly the same rate in every sector of the labour market in Taiwan. Wage differentials in Taiwan's private sector are generally in line with the economy as a whole; quite small by international standards, with real wages rising at very similar rates throughout all of the major private sector industries, whilst also demonstrating similar growth and decline patterns. For example, the agricultural sector in Taiwan is a declining sector of the economy, relative to non-agriculture, whilst …


The Migration Transition In Asia, Gary S. Fields Sep 2011

The Migration Transition In Asia, Gary S. Fields

Gary S Fields

[Excerpt] This theoretical discussion of the migration transition is Asia develops a framework to understand the turning point from labor exporter to labor importer experienced by the Asian NIEs (Hong Kong, Korea, Singapore and Taiwan). The author concludes that the NIEs' demand for labor curve shifted rapidly, primarily due to export-led growth of a labor-intensive character. Because these economies are well integrated, improvements in labor market conditions in individual sectors are transmitted to all workers, discouraging emigration. Despite industry's efforts to mitigate wage increases through labor import, new technology or relocation overseas, the rapidly improving domestic earnings opportunities induced the …


Economic And Demographic Aspects Of Taiwan's Rising Family Income Inequality, Gary S. Fields Sep 2011

Economic And Demographic Aspects Of Taiwan's Rising Family Income Inequality, Gary S. Fields

Gary S Fields

[Excerpt] Since 1980, however, family income inequality in Taiwan has risen slowly but steadily. In this chapter, we apply decomposition methodologies devised by Fei and co-authors and by Shorrocks to Taiwan's Family Income and Expenditure Surveys to quantify the sources of Taiwan's rising family income inequality. Our principal finding is that labor income inequality accounts for more than 100 percent of the observed change— that is, household income inequality would have increased even more had not business income, property income and transfer income contributed to an equalization of incomes. However, the reason for this is not that individual earnings became …


Education And Taiwan’S Changing Employment And Earnings Structure, Gary S. Fields, Amanda Newton Kraus Sep 2011

Education And Taiwan’S Changing Employment And Earnings Structure, Gary S. Fields, Amanda Newton Kraus

Gary S Fields

[Excerpt] Between 1980 and 1992, the enormous changes in economic development in Taiwan had significant impacts on the island's labour market. Examples of these changes include the island's almost legendary and meteoric economic growth, the maintenance of essentially full employment, an increase of around 116 per cent in real labour earnings, considerable upgrading of the educational qualifications of the labour force as a whole, a sustained and systematic shift in the composition of the labour force from agriculture into manufacturing and services and occupational upgrading (defined as the expansion of the share of the labour force in the better occupations, …


What We Know (And Want To Know) About Earnings Mobility In Developing Countries, Gary S. Fields Aug 2011

What We Know (And Want To Know) About Earnings Mobility In Developing Countries, Gary S. Fields

Gary S Fields

[Excerpt] Some developing countries have experienced rapid economic growth, some slow economic growth, some no growth at all, and some economic decline. The traditional way of gauging the distributional consequences of economic growth, if in fact there was economic growth, is to use data from comparable cross sections to calculate various measures of (relative) inequality and (absolute) poverty. The very large literature on inequality and poverty will not be reviewed here. A newer approach in the development literature is to study the distributional consequences of economic growth (or non-growth) by using data for the same recipient units for two or …


Poverty And Low Earnings In The Developing World, Gary S. Fields Aug 2011

Poverty And Low Earnings In The Developing World, Gary S. Fields

Gary S Fields

More than three billion people are poor by international standards, and essentially all are to be found in the low- and middle-income countries of Asia, Africa, and Latin America. The issues for understanding poverty in the developing world - among them, self-employment and household enterprises, agricultural work, casual employment, and informal work – differ from those in the developed world. Different policy issues predominate: stimulating economic growth, harnessing the energies of the private sector, increasing paid employment, and raising the returns to self-employment. This chapter details how the poorer half of the world’s people work and gives an overview of …