Institute for the Study of Labor

About: Institute for the Study of Labor is a nonprofit organization based out in Bonn, Germany. It is known for research contribution in the topics: Wage & Unemployment. The organization has 2039 authors who have published 13475 publications receiving 439376 citations.

Enhancing the Efficacy of Teacher Incentives through Loss Aversion: A Field Experiment

Abstract: Domestic attempts to use financial incentives for teachers to increase student achievement have been ineffective. In this paper, we demonstrate that exploiting the power of loss aversion--teachers are paid in advance and asked to give back the money if their students do not improve sufficiently--increases math test scores between 0.201 (0.076) and 0.398 (0.129) standard deviations. This is equivalent to increasing teacher quality by more than one standard deviation. A second treatment arm, identical to the loss aversion treatment but implemented in the standard fashion, yields smaller and statistically insignificant results. This suggests it is loss aversion, rather than other features of the design or population sampled, that leads to the stark differences between our findings and past research.

Economic Satisfaction and Income Rank in Small Neighbourhoods

Abstract: We contribute to the literature on well-being and comparisons by appealing to new Danish data dividing the country up into around 9,000 small neighbourhoods. Administrative data provides us with the income of every person in each of these neighbourhoods. This income information is matched to demographic and economic satisfaction variables from eight years of Danish ECHP data. Panel regression analysis shows that, conditional on own household income, respondents report higher satisfaction levels when their neighbours are richer. However, individuals are rank-sensitive: conditional on own income and neighbourhood median income, respondents are more satisfied as their percentile neighbourhood ranking improves. A ten percentage point rise in rank (i.e. from 40th to 20th position in a 200-household cell) is worth 0.11 on a one to six scale, which is a large marginal effect in satisfaction terms.

Public‐Private Employment Choice, Wage Differentials, and Gender in Turkey

Abstract: The main objective of this article is to examine the factors that explain the employment choice and the wage differentials in public administration, state‐owned enterprises, and the formal private wage sector in Turkey. Selectivity‐corrected wage equations are estimated for each sector for men and women separately. Oaxaca‐Blinder decomposition of the wage differentials between sectors by gender and between men and women by sector are carried out. Results indicate that when controlled for observed characteristics and sample selection, for men public administration wages are higher than private sector wages except at the university level where the wages are at par. State‐owned enterprise wages for men are higher than private sector wages. Similar results are obtained for women. Further, while the wages of men and women are at parity in the public administration, there is a large gender wage gap in the private sector in favor of men. Private returns to schooling are found to be lower in the noncompe...

Citations in Economics: Measurement, Uses and Impacts

Abstract: I describe and compare sources of data on citations in economics and the statistics that can be constructed from them. Constructing data sets of the post-publication citation histories of articles published in the "Top 5" journals in the 1970s and the 2000s, I examine distributions and life cycles of citations, compare citation histories of articles in different sub-specialties in economics and present evidence on the history and heterogeneity of those journals' impacts and the marginal citation productivity of additional coauthors.I use a new data set of the lifetime citation histories of over 1000 economists from 30 universities to rank economics departments by various measures and to demonstrate the importance of intra- and interdepartmental heterogeneity in productivity. Throughout, the discussion summarizes earlier work. I survey research on the impacts of citations on salaries and non-monetary rewards and discuss how citations reflect judgments about research quality in economics.

The Making of Modern America: Migratory Flows in the Age of Mass Migration

Abstract: We provide new estimates of migrant flows into and out of America during the Age of Mass Migration at the turn of the twentieth century. Our analysis is based on a novel data set of administrative records covering the universe of 24 million migrants who entered Ellis Island, New York between 1892 and 1924. We use these records to measure inflows into New York, and then scale-up these figures to estimate migrant inflows into America as a whole.Combining these flow estimates with census data on the stock of foreign-born in America in 1900, 1910 and 1920, we conduct a demographic accounting exercise to estimate out-migration rates in aggregate and for each nationality-age-gender cohort. This exercise overturns common wisdom on two fronts. First, we estimate flows into the US to be 20% and 170% higher than stated in official statistics for the 1900-10 and 1910-20 decades, respectively. Second, once mortality is accounted for, we estimate out-migration rates from the US to be around .6 for the 1900-10 decade and around .75 for the 1910-20. These figures are over twice as high as official estimates for each decade. That migration was effectively a two-way flow between the US and the sending countries has major implications for understanding the potential selection of immigrants that chose to permanently reside in the US, their impact on Americans in labor markets, and institutional change in America and sending countries.