Zvi Eckstein

TL;DR: In this article, the authors developed and structurally estimated a sequential model of high school attendance and work decisions, and found that working while in school reduces school performance, and that even the most restrictive prohibition on working while attending high school would have only a limited impact on the high school graduation rates of white males.

TL;DR: In this paper, the authors developed a model of urbanization and growth based on the accumulation of human capital consistent with these observations, which predicts that larger cities will have higher levels of human resources, higher rents, and higher wages per worker.

TL;DR: The authors developed a model of urbanization and growth based on the accumulation of human capital consistent with these observations, which predicts that larger cities will have higher levels of human-capability, higher rents and higher wages per worker, even though workers are homogeneous and free to migrate between cities.

TL;DR: In this article, the authors analyzed the effect of terrorism on the economy and showed that the long-run equilibrium with an optimizing government is of lower output and welfare when terrorism peaks.

TL;DR: In this paper, the authors analyzed the effect of terrorism on the economy and showed that continued terror, at the level of the death toll by about the same size as due to car accidents, is expected to decrease annual consumption per capita by about 5% in 2004.