Events

"Parental Inputs, Formal Care, and Child Outcomes" Abstract Child outcomes are believed to be a result of cumulative inputs from both within and outside the family. Taking the theory of skill formation (Carneiro and Heckman, 2003) and the model of child outcome production function (Todd and Wolpin, 2003), earlier endowments especially those of high quality…

"Dismissal Disputes And Endogenous Sorting"

"On the impossibility of protecting risk-takers" Abstract Risk-neutral sellers can extract high profits from risk-loving buyers by selling them lotteries. To limit risk-taking, gambling is heavily regulated in most countries. I show that protecting risk-loving buyers is essentially impossible. Even if buyers are risk-loving only asymptotically, the seller can construct a nonrandom winner-pays auction that ensures unbounded profits. Buyers are asymptotically…

"Analyzing the Influence of Occupational Licensing Duration on Labor Market Outcomes" ABSTRACT We analyze the labor market influence of the duration of occupational licensing statutes for eleven major universally licensed occupations in the U.S. Time from the start of state occupational licensing (i.e. licensing duration) may matter in influencing labor market outcomes. States usually enact…