14.661 | Fall 2024 | Graduate

Labor Economics I

Readings: Angrist

Books (mostly for review) are on reserve. An (M) flags studies done as part of an MIT PhD thesis.

(MHE) J. Angrist and J.-S. Pischke. Mostly Harmless Econometrics: An Empiricist’s Companion. Princeton University Press, 2009. (A graduate reference on empirical methods.)

(MM) J. Angrist and J.-S. Pischke. Mastering ‘Metrics. Princeton University Press, 2014. (Offers ‘metrics review and many relevant applications.)

G. Borjas, Labor Economics, 8th edition. McGraw-Hill, 2020.

C. Goldin. “Labor Markets in the 20th Century.” NBER Historical Working Paper No. 8, June 1994. [also in Cambridge Economic History of the US, chapter 10, 549–624] 

C. Romer. “Spurious Volatility in Historical Unemployment Data.” Journal of Political Economy 94(1), February 1986, 1–37.

J. Rothstein. “Unemployment and Job Search in the Great Recession.” Brookings Papers on Economic Activity 43 (Fall 2011), 143–213.

C. Goldin and R. A. Margo. “The Great Compression: The Wage Structure in the United States at Mid-century.” (PDF) Quarterly Journal of Economics, February 1992.

C. Goldin and L. F. Katz. The Race Between Education and Technology. Harvard University Press, 2010.

T. Lemieux. “The Changing Nature of U.S. Wage Inequality.” Journal of Population Economics, 2007.

D. Autor, L. Katz, and M. Kearney. “Trends in U.S. Wage Inequality: Revising the Revisionists.” (PDF) Review of Economics and Statistics, May 2008. (M)

E. Saez and T. Piketty. “Income Inequality in the United States: 1913–1998.” Quarterly Journal of Economics, February 2003 (and web updates on Saez home page).

W. Kopczuk, E. Saez, and J. Song. “Earnings Inequality and Mobility in the United States: Evidence from Social Security Data Since 1937.” (PDF) Quarterly Journal of Economics 125(1), February 2010. 

C. B. Mulligan and Y. Rubinstein. “Selection, Investment, and Women’s Relative Wages over Time.” Quarterly Journal of Economics 123 (August 2008), 1061–1110.

H. Farber. “Employment, Hours, and Earnings Consequences of Job Loss; US Evidence from the Displaced Workers Survey.” Journal of Labor Economics 35 S1 (July 2017).

D. Autor. “Why Are There Still So Many Jobs? The History and Future of Workplace Automation.” Journal of Economic Perspectives 29 (Summer 2015), 3–30.

D. Autor. “Work of the Past, Work of the Future.” American Economic Review 109 (May 2019), 1–32.

D. Autor and M. Wasserman. “Wayward Sons: The Emerging Gender Gap in Labor Markets and Education.” (PDF) Third Way, March 2013.

K. Charles, E. Hurst, and M. Schwartz. “The Transformation of Manufacturing and the Decline in US Employment.” NBER Macro Annual Volume 33 (2019).

B. Meyer and J. Sullivan. “Consumption and Income Inequality in the U.S. Since the 1960s.” (PDF) Journal of Political Economy,  June 2022.

II. Labor Supply

‘Metrics: Sections 3–4 in J. Angrist and A. Krueger, “Empirical Strategies in Labor Economics.” Chapter 23 in the Handbook of Labor Economics, volume 3A, 1999 (AK99).

A. Basics

A. Deaton and J. Muellbauer. Economics and Consumer Behavior. Cambridge University Press, 1980, especially chapter 4.

O. Ashenfelter and J. Heckman. “The Estimation of Income and Substitution Effects in a Model of Family Labor Supply.” Econometrica 42(1), January 1974, 73–86.

J. Heckman. “Shadow Prices, Market Wages and Labor Supply.” Econometrica 42(4), July 1974, 679–694.                   

R. Blundell and T. MaCurdy. “Labor Supply: A Review of Alternative Approaches.” Chapter 27 in O. Ashenfelter and R. Layard (eds.), Handbook of Labor Economics, volume 3A, 1999.

G. Imbens, D. B. Rubin, and B. Sacerdote. “Estimating the Effect of Unearned Income on Labor Supply: Evidence from a Survey of Lottery Players.” American Economic Review 91 (2001).

D. Cesarini, E. Lindqvist, M. Notowidigdo, and R. Östling. “The Effect of Wealth on Individual and Household Labor Supply: Evidence from Swedish Lotteries.” American Economic Review 107 (December 2017).

B. Tax and Transfer Programs

R. Moffitt. “Welfare Programs and Labor Supply.” (PDF) In A. Auerbach and M. Feldstein (eds.), Handbook of Public Economics, volume 4, September 2002.

N. Eissa and J. Leibman. “Labor Supply Response to the Earned Income Tax Credit.” Quarterly Journal of Economics 111 (May 1996).

B. Meyer and D. Rosenbaum. “Welfare, the Earned Income Tax Credit, and the Labor Supply of Single Mothers.” (PDF) Quarterly Journal of Economics 116, August 2001, 1063–1114.

D. Greenberg and H. Halsey. “Systematic Misreporting and Effects of Income Maintenance Experiments on Work Effort: Evidence from the SIME-DIME.” Journal of Labor Economics, 1(4), October 1983, 380–407.

O. Ashenfelter. “Determining Participation in Income-Tested Social Programs.” Journal of the American Statistical Association 78(383), September 1983, 517–525.

O. Ashenfelter and M. Plant. “Non-Parametric Estimates of the Labor Supply Effects of Negative Income Tax Programs.” Journal of Labor Economics 8(1) Part 2, 1990, S397–S415.

M. Plant. “An Empirical Analysis of Welfare Dependence.” American Economic Review 74(4), September 1984, 673–684.

R. Blank. “Evaluating Welfare Reform in the United States.” Journal of Economic Literature, December 2002, 1105–1166.

D. Card and D. Hyslop. “Estimating the Effects of a Time-Limited Earnings Subsidy for Welfare-Leavers.” (PDF) Econometrica 73 (November 2005), 1723–1770.

J. Rothstein. “Is the EITC as Good as an NIT? Conditional Cash Transfers and Tax Incidence.” American Economic Journal: Economic Policy 2(1), February 2010, 77–208.

R. Chetty, J. Friedman, and E. Saez. “Using Differences in Knowledge Across Neighborhoods to Uncover the Impacts of the EITC on Earnings.” American Economic Review 103 (December 2013), 2683–2721.

B. D. Meyer, C. Murphy, and J. X. Sullivan. “Changes in the Distribution of Economic Well-Being During the COVID-19 Pandemic.” (PDF) NBER Working Paper No. 29878 (March 2022).

C. Household and Family Models

‘Metrics: MHE Chapter 4; MM Chapter 3 (Instrumental variables).

G. S. Becker. A Treatise on the Family. Harvard University Press, 1981.

R. Gronau. “Leisure, Home Production, and Work—The Theory of the Allocation of Time Revisited.” Journal of Political Economy 85(6), December 1977, 1099–1124.

J. Angrist and W. Evans. “Children and Their Parents’ Labor Supply: Evidence from Exogenous Variation in Family Size.” American Economic Review 88(3), June 1998, 450–477.

J. Gelbach. “Public Schooling for Young Children and Maternal Labor Supply.” American Economic Review 92, March 2002, 307–322. (M)

M. Fitzpatrick. “Revising Our Thinking about the Relationship Between Maternal Labor Supply and Preschool.” Journal of Human Resources 47 (Summer 2012).

M. Kearney. “Is There an Effect of Incremental Welfare Benefits on Fertility Behavior? A Look at the Family Cap.Journal of Human Resources 39(2), 2004. (M)

T. Hofmarcher and E. Plug. “Specialization in Same-Sex and Different-Sex Couples.” Labour Economics 77 (August 2022).

LATE-Breaking IV ‘Metrics

J. Angrist and I. Fernandez-Val. “Extrapolating: External Validity and Overidentification in the LATE Framework.” Chapter 11 in Advances in Economics and Econometrics (Tenth World Congress), 2013.

J. Angrist, V. Lavy, and A. Schlosser. “New Evidence on the Causal Link between the Quantity and Quality of Children.” Journal of Labor Economics (October 2010).

P. Kline and C. R. Walters. “Evaluating Public Programs with Close Substitutes: The Case of Head Start.” Quarterly Journal of Economics 131 (November 2016), 1795–1848.

D. Aaronson et al. “The Effect of Fertility on Mothers’ Labour Supply Over the Last Two Centuries.” Economic Journal 131 (January 2021).

The Pandemic Home Front

C. Amuedo-Dorantes, M. Marcen, and M. Morales. “Schooling and Parental Labor Supply: Evidence from COVID-19 School Closures in the United States.” Industrial and Labor Relations Review, May 2022.

B. Hansen, Joseph J. Sabia, and J. Schaller. “Schools, Job Flexibility, and Married Women’s Labor Supply.” NBER Working Paper No. 29660 (August 2022).

N. Bloom, R. Han, and J. Liang. “How Hybrid Work From Home Works Out.” (PDF) NBER Working Paper No. 30292 (January 2023). 

D. The Life-Cycle Model

The Life Cycle Model; PIH and ISE Theory; Panel Data ‘Metrics

‘Metrics: MHE Sections 4.1 and 5.1; MM Chapter 3 (IV and grouped data)

J. Angrist. “Grouped-Data Estimation and Testing in Simple Labor Supply Models.” Journal of Econometrics 47(2), 1991, 243–266.

R. E. Lucas and L. Rapping. “Real Wages, Employment, and Inflation.” Journal of Political Economy 77(5), September-October 1969, 721–764.

G. Becker and G. Ghez. The Allocation of Time and Goods Over the Life-Cycle. Columbia University Press, 1975.

R. Hall. “Stochastic Implications of the Life Cycle–Permanent Income Hypothesis.” (PDF) Journal of Political Economy 86, 1978.

T. MaCurdy. “An Empirical Model of Labor Supply in a Life-Cycle Setting.” Journal of Political Economy 89(6), December 1981, 1059–1085.

J. Altonji. “Intertemporal Substitution in Labor Supply: Evidence from Micro Data.” Journal of Political Economy 94(3) Part 2, June 1986, S176–S215.

M. Browning, A. Deaton and M. Irish. “A Profitable Approach to Labor Supply and Commodity Demand Over the Life-Cycle.” Econometrica 53(3), May 1985, 503–543.

D. Card. “Intertemporal Labor Supply: An Assessment” in C. Sims, ed., Advances in Econometrics Sixth World Congress, vol. II. Cambridge University Press, 1994, 49–78.

R. Blundell, A. Duncan, and C. Meghir. “Estimating Labor Supply Responses Using Tax Reforms.” Econometrica 66 (1998), 827–861.

P. J. Devereux. “Small Sample Bias in Synthetic Cohort Models of Labor Supply.” Journal of Applied Econometrics, June 2007, 839–848.

Target Earnings vs the ISH

A. Mas and A. Pallais. “Valuing Alternative Work Arrangements.” American Economic Review 2017.

A. Mas and A. Pallais. “Labor Supply and the Value of Non-Work Time: Experimental Estimates from the Field.” American Economic Review: Insights 1 (2019).

C. Camerer, L. Babcock, G. Lowenstein, and R. Thaler. “Labor Supply of New York City Cabdrivers: One Day at a Time.” Quarterly Journal of Economics 112 (1997), 407–441.

G. S. Oettinger. “An Empirical Analysis of the Daily Labor Supply of Stadium Vendors.” Journal of Political Economy 107(2), April 1999, 360–392.

H. Farber. “Is Tomorrow Another Day? The Labor Supply of New York City Cab Drivers.” Journal of Political Economy, February 2005.

E. Fehr and L. Goette. “Do Workers Work More if Wages are High? Evidence from a Randomized Field Experiment.” American Economic Review 97, March 2007.

H. Farber. “Reference-Dependent Preferences and Labor Supply: The Case of New York City Taxi Drivers.” American Economic Review 98 (2008), 1069–1082.

T. Stafford. “What Do Fisherman Tell Us that Taxi Drivers Don’t? An Empirical Investigation of Labor Supply.” Journal of Labor Economics 33(3), 2015. 

J. Angrist, S. Caldwell, and J. Hall. “Uber versus Taxi: A Driver’s Eye View.” American Economic Journal: Applied Economics 13 (July 2021) (M).

S. Caldwell and E. Oehlsen. “Gender Differences in Labor Supply: Experimental Evidence from the Gig Economy.” UC Berkeley Economics Department, manuscript, September 2023 (M).

III. Labor Demand and Demand-Side Institutions and Policies

A. Neoclassical Theory of Firm Behavior

D. Hamermesh. “The Demand for Labor in the Long Run.” Chapter 8 in O. Ashenfelter and R. Layard (eds.) Handbook of Labor Economics, volume 1, 1986.

D. Card. “Unexpected Inflation, Real Wages, and Employment Determination in Union Contracts.” American Economic Review September 1990, 669–688. 

J. Angrist. “Short-Run Demand for Palestinian Labor.” Journal of Labor Economics, July 1996.

L. Katz and K. Murphy. “Changes in Relative Wages, 1963–87: Supply and Demand Factors." Quarterly Journal of Economics 107 (Feb 1992), 35–78.

D. Card and T. Lemieux. “Can Falling Supply Explain the Rising Return to College for Younger Men? A Cohort-Based Analysis.Quarterly Journal of Economics 116 (May 2001), 705–746.

B. Market Structure and the Min

Basic Theory

‘Metrics: MHE Chapter 5; MM Chapter 5 (Diffs-in-diffs).

D. Card. “Using Regional Variation to Measure the Effect of the Federal Minimum Wage.” Industrial and Labor Relations Review, October 1992.

D. Card and A. Krueger (1994). “Minimum Wages and Employment: A Case Study of the Fast Food Industry in New Jersey and Pennsylvania.” (PDF) American Economic Review 84 (September 1994).

R. Dickens, S. Machin, and A. Manning. “The Effects of Minimum Wages on Employment: Theory and Evidence from Britain.” Journal of Labor Economics 17(1), January 1999, 1–22.

A. Manning. Monopsony in Motion: Imperfect Competition in Labor Markets. Princeton University Press, 2003.

C. Propper and J. Van Reenen. “Can Pay Regulation Kill? Panel Data Evidence on the Effect of Labor Markets on Hospital Performance.” Journal of Political Economy, 2010, 118(2), 222–273.

D. Neumark, J. M. Salas, and W. Wascher. “Revisiting the Minimum Wage-Employment Debate: Throwing Out the Baby with the Bathwater?” ILR Review 67 (May 2014).

D. Cengiz, A. Dube, A. Lindner, and B. Zipperer. “The Effect of Minimum Wages on Low-Wage Jobs.” (PDF) Quarterly Journal of Economics 134 (August 2019).

P. Harasztosi and A. Lindner. “Who Pays for the Minimum Wage?” American Economic Review 109 (Aug 2019).

O. Ashenfelter and S. Jurajda. “Minimum Wages, Wages, and Price Pass-Through: The Case of McDonald’s.” Journal of Labor Economics 40 (April 2022).

E. Derenoncourt, C. Noelke, D. Weil, and B. Taska. “Spillover Effects from Voluntary Employer Minimum Wages.” NBER Working Paper No. 29425 (Rev. June 2022).

C. Immigration and Migration

‘Metrics: A. Abadie. “Using Synthetic Controls: Feasibility, Data Requirements, and Methodological Aspects.” Journal of Economic Literature 59(2) (June 2021).

G.E. Johnson. “The Labor Market Effects of Immigration.” Industrial and Labor Relations Review 33 (April 1980).

G. Borjas. “The Economic Benefits from Immigration.” (PDF) Journal of Economic Perspectives 9 (Spring 1995), 3–22.

J. Altonji and D. Card. “The Effects of Immigration on the Labor Market Outcomes of Less-Skilled Natives” in J. Abowd and R. Freeman, eds., Immigration, Trade, and the Labor Market. University of Chicago Press, 1991, 201–234.

D. Card. “The Impact of the Mariel Boatlift on the Miami Labor Market.” Industrial and Labor Relations Review 43, (January 1990), 245–257.

G. Borjas, R. B. Freeman, and L. F. Katz. “How Much Do Immigrant and Trade Affect Labor Market Outcomes?” Brookings Papers on Economic Activity, no. 1 (1997).

J.-S. Pischke and J. Velling. “Employment Effects of Immigration to Germany: An Analysis Based on Local Labor Markets.” Review of Economics and Statistics 79 (Nov. 1997).

J. Angrist and A. Kugler. “Protective or Counter-Productive? Labor Market Institutions and the Effect of Immigration on EU Natives.” Economic Journal, June 2003.

G. Borjas. “The Labor Demand Curve is Downward Sloping: Reexamining the Impact of Immigration on the Labor Market.” (PDF) Quarterly Journal of Economics November 2003.

P. Cortes. “The Effect of Low-Skilled Immigration on US Prices: Evidence from CPI Data.” Journal of Political Economy 2008, 381–422. (M)

D. Card. “Immigration and Inequality.” (PDF) American Economic Review 99 (May 2009), 1–21.

C. L. Smith. “The Impact of Low-skilled Immigration on the Youth Labor Market.” (PDF) Journal of Labor Economics 30(1), 2012, 55–89. (M)

G. Ottaviano and G. Peri. “Rethinking the Effects of Immigration on Wages.” Journal of the European Economic Association 10 (2012), 152–197.

G. Borjas. “The Wage Impact of the Marielitos: A Reappraisal.” (PDF) Industrial and Labor Relations Review, 70 (2017).

M. Clemens and J. Hunt. “The Labor Market Effects of Refugee Waves: Reconciling Conflicting Results.” (PDF) Industrial and Labor Relations Review 72 (2019; see also Borjas’s rejoinder in the same issue).

IV. Intro to Human Capital

A. Schooling, Experience, and Earnings 

Basic Theory 

J. Mincer. Schooling, Experience, and Earnings. NBER, 1974. 

G. Becker. Human Capital, 3rd edition. University of Chicago Press, 1993. 

R. J. Willis. “Wage Determinants.” Chapter 10 in O. Ashenfelter and R. Layard (eds.), Handbook of Labor Economics, volume 1, 1987. 

Y. Ben-Porath (1967). “The Production of Human Capital and the Life Cycle of Earnings.” (PDF) Journal of  Political Economy 75(4–1), 352–365. 

R. J. Willis and S. Rosen. “Education and Self-Selection.” Journal of Political Economy, 87(5) Part 2, Oct 1979: S7–S36. 

R. Freeman. “Demand for Education.” Chapter 6 in O. Ashenfelter and R. Layard (eds.), Handbook of Labor Economics, volume 1, 1986. 

HK vs Signaling; Ability Bias 

K. Lang and D. Kropp (1986). “Human Capital Versus Sorting: The Effects of Compulsory Attendance Laws.” Quarterly Journal of Economics 101, 609–624. 

J. Tyler, R. J. Murnane, and J. Willett. “Estimating the Labor Market Signaling value of the GED.” (PDF) Quarterly Journal of Economics, May 2000. (M) 

P. Martorell and D. Clark. “The Signaling Value of a High School Diploma.” Journal of Political Economy 122(2), April 2014.

B. Empirical Earnings Functions 

Returns to Schooling, Experience, and OJT 

‘Metrics: MM Chapter 6; AK99 Section 2. 

Z. Griliches. “Estimating the Returns to Schooling: Some Econometric Problems.” Econometrica, January 1977. 

Angrist, J. D. and A. Krueger. “Does Compulsory School Attendance Affect Schooling and Earnings?” (PDF) Quarterly Journal of Economics, 106(4), Nov 1991, 979-1014. 

J. Kling. “Interpreting Instrumental Variables Estimates of the Returns to Schooling.” Journal of Business and Economic Statistics 19 (July 2001). (M) 

D. Card. “Estimating the Return to Schooling: Progress on Some Persistent Econometric Problems.” (PDF) Econometrica 69 (September 2001). 

P. Oreopoulos. “Estimating Average and Local Average Treatment Effects of Education when Compulsory Schooling Laws Really Matter.” (PDF) American Economic Review 96(1), 152–175 (March 2006). See also August 2008 correction. 

G. Aryal, M. Bhuller, and F. Lange. “Signaling and Employer Learning with Instruments.” American Economic Review 112 (May 2022). 

J. Angrist and B. Frandsen. “Machine Labor.” (PDF) Journal of Labor Economics 40 (April 2022). 

B. Jovanovic (1979). “Firm-Specific Capital and Turnover.” Journal of Political Economy 87.6 (December), 1246–60. 

J. Altonji and R. Shakotko. “Do Wages Rise with Job Seniority?” Review of Economic Studies, July 1987. 

R. Topel (1991). “Specific Capital, Mobility, and Wages: Wages Rise with Job Seniority.” (PDF) Journal of Political Economy 99, n1 145–76. 

K. M. Murphy and F. Welch. “Empirical Age-Earnings Profiles.” Journal of Labor Economics 8 (April 1990). 

R. Topel and M. Ward (1992). “Job Mobility and the Careers of Young Men.” Quarterly Journal of Economics 107 (2), 439–479.

Lazear, Edward P. Personnel Economics. MIT Press, 1995, chapter 7.  

J. Angrist. “Lifetime Earnings and the Vietnam Era Draft Lottery: Evidence from Social Security Administrative Records.” (PDF) American Economic Review 80(3), June 1990, 313–336. 

J. Angrist and S. Chen. “Schooling and the Vietnam-Era GI Bill: Evidence from the Draft Lottery.” (PDF) American Economic Journal: Applied Economics, April 2011, 3, 96–119. 

D. Acemoglu and J.-S. Pischke (1999). “Beyond Becker: Training in Imperfect Labor Markets.” (PDF) Economic Journal 109 February 1999, pp F112–142.

D. H. Autor. (2001). “Why Do Temporary Help Firms Provide Free General Skills Training?” (PDF) Quarterly Journal of Economics 116(3), 1409–1448. (M) 

L. Jacobson, R. LaLonde, and D. Sullivan (1993). “Earning Losses of Displaced Workers.” American Economic Review 83, 685–709. 

B. Crepon et al. (2013). “Do Labor Market Policies Have Displacement Effects? Evidence from a Clustered Randomized Experiment.” Quarterly Journal of Economics 128, 531–580. 

C. School Quality and Education Production 

‘Metrics: MHE Chapter 6; MM Chapter 4 (Regression Discontinuity Designs). 

F. Welch. “Black-White Differences in Returns to Schooling.” American Economic Review 63 (December 1973). 

D. Card and A. Krueger. “School Quality and Black-White Relative Earnings: A Direct Assessment.” (PDF) Quarterly Journal of Economics 107, February 1992.

A. Krueger. “Experimental Estimates of Education Production Functions.” Quarterly Journal of Economics 114 (May 1999). 

J. Angrist and V. Lavy. “Using Maimonides’ Rule to Estimate the Effects of Class Size on Academic Achievement.” (PDF) Quarterly Journal of Economics 114 (May 1999), 533–575.

J. Angrist, V. Lavy, J. Leder-Luis, and A. Shany. “Maimonides’ Rule Redux.” American Economic Review: Insights 1 (December 2019). 

A. Abdulkadiroglu, J. Angrist, S. Dynarski, T. Kane, and P. Pathak. “Accountability and Flexibility in Public Schools: Evidence from Boston’s Charters and Pilots.” (PDF) Quarterly Journal of Economics, 2011, 126(2), 699–748. 

S. Dale and A. Krueger. “Estimating the Payoff to Attending a More Selective College: An Application of Selection on Observables and Unobservables.” Quarterly Journal of Economics 117 (Nov. 2002). 

A. Abdulkadiroglu, J. Angrist, and P. Pathak. “The Elite Illusion: Achievement Effects at Boston and New York Exam Schools.” (PDF) Econometrica, 2014, 82(1), 137–196. 

J. Angrist, E. Bettinger, M. Kremer. “Vouchers for Private Schooling in Colombia: Evidence from a Randomized Natural Experiment.” American Economic Review 92 (December 2002). 

A. Abdulkadiroglu, P. Pathak, and C. Walters. “Free to Choose: Can School Choice Reduce Achievement?” AEJ: Applied Economics 10 (2018). 

J. Angrist and K. Lang. “Does School Integration Generate Peer Effects? Evidence from Boston’s Metco Program.” (PDF) American Economic Review 94 (December 2004). 

J. Angrist, G. Gray-Lobe, C. Idoux, and P. Pathak. “Still Worth the Trip? School Busing Effects in Boston and New York.” (PDF) NBER Working Paper No. 30308 (Revised June 2024). 

J. Mountjoy. “Community Colleges and Upward Mobility.” American Economic Review 112 (August 2022). 

J. Angrist, P. Hull, and C. Walters. “Methods for Measuring School Effectiveness.” (PDF) Handbook of the Economics of Education, August 2023.

J. Guryan. “Desegregation and Black Dropout Rates.” (PDF) American Economic Review 94 (September 2004). (M) 

W. Dobbie and R. Fryer. “The Medium-Term Impacts of High-Achieving Charter Schools.” Journal of Political Economy 123 (October 2015). 

S. Billings, D. Deming, J. Rockoff. “School Segregation, Educational Attainment, and Crime: Evidence from the End of Busing in Charlotte-Mecklenburg.” Quarterly Journal of Economics 138 (Feb. 2014). 

J. Angrist, P. Hull, P. Pathak, and C. Walters. “Credible School Value-Added with Undersubscribed School Lotteries.” (PDF) Review of Economics and Statistics 106 (January 2024). 

J. Angrist, P. Pathak, and R. Zarate. “Choice and Consequence: Assessing Mismatch at Chicago Exam Schools.” Journal of Public Economics 223 (2023). 

J. Angrist, P. Hull, P. Pathak, and C. Walters. “Race and the Mismeasure of School Quality.” (PDF) American Economic Review: Insights 6 (March 2024). 

D. A Few Financial Aid Effects 

S. M. Dynarski. “Does Aid Matter? Measuring the Effect of Student Aid on College Attendance and Completion.” American Economic Review 93 (2003). (M) 

J. Angrist, D. Lang, and P. Oreopoulos. “Incentives and Services for College Achievement: Evidence from a Randomized Trial.” (PDF) American Economic Journal: Applied Economics 1 (January 2009). 

E. P. Bettinger, B. T. Long, P. Oreopoulos, and L. Sanbonmatsu. ”The Role of Application Assistance and Information in College Decisions.” Quarterly Journal of Economics 127 (August 2012). 

S. R. Cohodes and J. S. Goodman. “Merit Aid, College Quality, and College Completion: Massachusetts’ Adams Scholarship as an In-Kind Subsidy.” (PDF) American Economic Journal: Applied Economics 6 (2014). (M) 

S. M. Dynarski, C. J. Libassi, K. Michelmore, and S. Owen. “Closing the Gap: The Effect of Reducing Complexity and Uncertainty in College Pricing on the Choices of Low-Income Students.” (PDF) American Economic Review 111 (June 2021). 

J. Angrist, D. Autor, and A. Pallais. “Marginal Effects of Merit Aid for Low-Income Students.” (PDF) Quarterly Journal of Economics 137 (May 2022).

V. Unions in the Private and Public Sectors

‘Metrics: MHE Section 5.1 (Panel Data) 

H. Gregg Lewis. Union Relative Wage Effects: A Survey. University of Chicago Press, 1986. 

H. Farber. “The Analysis of Union Behavior.” Chapter 18 in O. Ashenfelter and R. Layard (eds), Handbook of Labor Economics, volume II, 1986. 

J. N. Brown and O. C. Ashenfelter. “Testing the Efficiency of Employment Contracts.” Journal of Political Economy 1986, S40–S87. 

O. Ashenfelter and G. Johnson. “Bargaining Theory, Trade Unions, and Industrial Strike Activity.” American Economic Review 59 (1969), 35–49. 

G. Jakubson. “Estimation and Testing of the Union Wage Effect Using Panel Data.” Review of Economic Studies, 1991, 971–991. 

C. Hoxby. “How Teachers’ Unions Affect Education Production.” Quarterly Journal of Economics, August 1996. 

J. DiNardo and D. S. Lee. “Economic Impacts of New Unionization on US Private Sector Employers: 1984–2001.” Quarterly Journal of Economics 119 (2004), 1383–1442. 

D. Lee and A. Mas. “Long-Run Impacts of Unions on Firms: New Evidence from Financial Markets, 1961–1999.” (PDF) Quarterly Journal of Economics, 2012, 127(1), 333–378. 

B. Frandsen. “The Effects of Collective Bargaining Rights on Public Employee Compensation: Evidence from Teachers, Fire Fighters, and Police.” Industrial and Labor Relations Review, 2016. (M) 

B. Frandsen. “The Surprising Impacts of Unionization: Evidence from Matched Employer-Employee Data.” Journal of Labor Economics 39 (October 2021). (M)

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