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This paper presents a new approach for estimating the labor market impact of immigration. The existing studies typically exploit the geographic clustering of immigrants and use differences across local labor markets to identify the impact. This approach has not been successful because it ignores the strong currents that tend to equalize economic conditions(More)
This paper discusses the prevalence of Silicon Valley–style localiza-tions of individual manufacturing industries in the United States. A model in which localized industry-specific spillovers, natural advantages , and pure random chance all contribute to geographic concentration is used to develop a test for whether observed levels of concentration are(More)
This paper uses a randomized field experiment to examine several approaches to reducing corruption. I measure missing expenditures in over 600 village road projects in Indonesia by having engineers independently estimate the prices and quantities of all inputs used in each road, and then comparing these estimates to villages' official expenditure reports. I(More)
Growing concerns over the inadequate achievement of U.S. students have led to proposals to reward good teachers and penalize (or fire) bad ones. The leading method for assessing teacher quality is " value added " modeling (VAM), which decomposes students' test scores into components attributed to student heterogeneity and to teacher quality. Implicit in the(More)
We investigate whether individual experiences of macroeconomic shocks affect financial risk taking, as often suggested for the generation that experienced the Great Depression. Using data from the Survey of Consumer Finances from 1960-2007, we find that individuals who have experienced low stock-market returns throughout their lives so far report lower(More)
How sensitive is long-run individual well-being to environmental conditions early in life? This paper examines the effect of weather conditions around the time of birth on the health, education, and socioeconomic outcomes of Indonesian adults born between 1953 and 1974. We link historical rainfall for each individual's birth-year and birth-location with(More)
  • Adriana Kugler, Juan F. Jimeno, Virginia Hernanz, DOCUMENTO DE TRABAJO, Josh Angrist, Manolo Arellano +25 others
  • 2003
Los Documentos de Trabajo se distribuyen gratuitamente a las Universidades e Instituciones de Investigación que lo solicitan. No obstante están disponibles en texto completo a través de Internet: These Working Documents are distributed free of charge to University Department and other Research Centres. They are also available through Internet: Abstract(More)
The paper suggests a new test for rent-sharing in the U.S. labor market. Using an unbalanced panel from the manufacturing sector, it shows that a rise in a sector's profitability leads after some years to an increase in the long-run level of wages in that sector. The paper controls for workers' characteristics, for industry fixed-effects, and for unionism.(More)