Institution
Institute for the Study of Labor
Nonprofit•Bonn, Germany•
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.
Topics: Wage, Unemployment, Earnings, Population, Human capital
Papers published on a yearly basis
Papers
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TL;DR: The authors found that married men spent virtually the same amount of time on home production as did single men, albeit on different types of housework, and that the male marriage wage premium is not substantially affected by controls for home production activities.
Abstract: Empirical research has consistently shown that married men have substantially higher wages, on average, than otherwise similar unmarried men. One commonly cited hypothesis to explain this pattern is that marriage allows one spouse to specialize in market production and the other to specialize in home production, enabling the former - usually the husband - to acquire more market-specific human capital and, ultimately, earn higher wages. The authors test this hypothesis using panel data from the National Survey of Families and Households. The data reveal that married men spent virtually the same amount of time on home production as did single men, albeit on different types of housework. Estimates from a fixed effects wage equation indicate that the male marriage wage premium is not substantially affected by controls for home production activities. Household specialization, the authors conclude, does not appear to have been responsible for the marriage premium in this sample.
195 citations
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TL;DR: In this paper, the effects of age at school entry on test scores, grades, educational attainment and labor market performance were investigated using a rich data set for the entire Swedish population born 1935-84, and they found that children who start school at an older age do better in school and go on to have more education than their younger peers.
Abstract: In Sweden, children typically start compulsory school the year they turn seven. Hence, individuals born just before or just after the new year, have about the same date of birth but start school at different ages. We exploit this source of exogenous variation, to identify the effects of age at school entry on test scores, grades, educational attainment and labor market performance. Using a rich data set for the entire Swedish population born 1935-84, we find that children who start school at an older age do better in school and go on to have more education than their younger peers. Children from families with weaker educational tradition have more to win from starting school later. The long-run earnings effects are positive but small. However, since starting school later entails the opportunity cost of entering the labor market later, the net earnings effect over the entire life-cycle is negative. Exploiting within-school variation in peer age composition, we find that the school starting age effect primarily is due to absolute maturity rather than to the relative age in the class.
194 citations
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TL;DR: In this paper, the authors test the effect of matching charitable giving in a randomized field experiment in the short and the long run and find that the matching mechanism leads to a negative net effect on the participation rate.
Abstract: Subsidizing charitable giving, for example, for victims of natural disasters, is very popular, not only with governments but also with private organizations. Many companies, for example, match their employees' charitable contributions, hoping that this will foster the willingness to contribute. However, systematic analyses of the effect of such a matching mechanism are still lacking. This paper tests the effect of matching charitable giving in a randomized field experiment in the short and the long run. The donations of a randomly selected group were matched by contributions from an anonymous donor. The results support the hypothesis that a matching mechanism increases contributions to a public good. However, in the periods after the experiment, when matching donations have been stopped, the contribution rate declines for the treatment group. The matching mechanism leads to a negative net effect on the participation rate. The field experiment therefore provides evidence suggesting that the willingness to contribute may be undermined by a matching mechanism in the long run.
194 citations
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TL;DR: The authors show that after monetary policy announcements, the conditional volatility of stock market returns rises more for firms with stickier prices than for firms having more flexible prices, and that this differential reaction is economically large and strikingly robust to a broad array of checks.
Abstract: We show that after monetary policy announcements, the conditional volatility of stock market returns rises more for firms with stickier prices than for firms with more flexible prices. This differential reaction is economically large and strikingly robust to a broad array of checks. These results suggest that menu costs - broadly defined to include physical costs of price adjustment, informational frictions, etc. - are an important factor for nominal price rigidity at the micro level. We also show that our empirical results are qualitatively and, under plausible calibrations, quantitatively consistent with New Keynesian macroeconomic models in which firms have heterogeneous price stickiness.
194 citations
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TL;DR: In this paper, the authors report the first results for Japanese firms on the effects of clusters of participatory employment practices (or participation/employee involvement at the top level as well as at the grassroots level, and financial participation) by estimating production functions using new panel data.
Abstract: We report the first results for Japanese firms on the effects of clusters of participatory employment practices (or participation/employee involvement at the top level as well as at the grassroots level, and financial participation) by estimating production functions using new panel data. We find that the introduction of a group of complementary practices will lead to a significant 8.9 percent increase in productivity. However, the full productivity effect is felt only after a long developmental period.
194 citations
Authors
Showing all 2136 results
Name | H-index | Papers | Citations |
---|---|---|---|
Michael Marmot | 193 | 1147 | 170338 |
James J. Heckman | 175 | 766 | 156816 |
Anders Björklund | 165 | 769 | 84268 |
Jean Tirole | 134 | 439 | 103279 |
Ernst Fehr | 131 | 486 | 108454 |
Matthew Jones | 125 | 1161 | 96909 |
Alan B. Krueger | 117 | 402 | 75442 |
Eric A. Hanushek | 109 | 449 | 59705 |
David Card | 107 | 433 | 55797 |
M. Hashem Pesaran | 102 | 361 | 88826 |
Richard B. Freeman | 100 | 860 | 46932 |
Richard Blundell | 93 | 487 | 61730 |
John Haltiwanger | 91 | 393 | 38803 |
John A. List | 91 | 583 | 36962 |
Joshua D. Angrist | 89 | 304 | 59505 |