China's Investment in Human Capital

This paper discusses evidence on human capital investment in China. Policies through the mid 1990s favor physical investment over schooling.

The Case for Investing in Disadvantaged Young Children

Bildung, Kinder, Pädagogik, Bildungspolitik, Bildungsinvestition, Education, Children, Education sciences, Educational policy, Human capital investment

The Impact of Government on the Economic Status of Black Americans

This paper reviews recent evidence on black economic progress. It notes that while relative status increased over the period 1965-1981, absolute differentials in real earnings between blacks and whites widened over this period. The paper goes out to summarize recent studies of the impact of government on the economic status of black Americans. Educational policy has a strong effect. The evidence on affirmative action programs is mixed. There is an intrinsic bias in the methods used toward finding no effect of affirmative action programs. Selection bias effects do not account for more than 10-12% of measured wage growth of black males.

The economics of child well-being

This paper presents an integrated economic approach that organizes and interprets the evidence on child development. It also discusses the indicators of child well-being that are used in international comparisons. Recent evidence on child development is summarized, and policies to promote child well-being are discussed. The chapter concludes with some open questions and suggestions for future research

Forecasting Aggregate Period Specific Birth Rates: The Time Series Properties of a Microdynamic Neoclassical Model of Fertility

This article demonstrates the value of microdata for understanding the effect of wages on life cycle fertility dynamics. Conventional estimates of neoclassical economic fertility models obtained from linear aggregate time series regressions are widely criticized for being nonrobust when adjusted for serial correlation. Moreover, the forecasting power of these aggregative neoclassical models has been shown to be inferior when compared with conventional time series models that assign no role to wages. This article demonstrates, that when neoclassical models of fertility are estimated on microdata using methods that incorporate key demographic restrictions and when they are properly aggregated, they have considerable forecasting power.

Measuring Disparate Impacts and Extending Disparate Impact Doctrine to Organ Transplantation

This paper examines the economic and statistical foundations of proposed tests for discrimination. We focus on extension of disparate impact doctrine to new domains.

Lab Experiments are a Major Source of Knowledge in the Social Sciences

Laboratory experiments are a widely used methodology for advancing causal knowledge in the physical and life sciences. With the exception of psychology, the adoption of laboratory experiments has been much slower in the social sciences, although during the last two decades, the use of lab experiments has accelerated. Nonetheless, there remains considerable resistance among social scientists who argue that lab experiments lack ‘realism’ and ‘generalizability’. In this article we discuss the advantages and limitations of laboratory social science experiments by comparing them to research based on non-experimental data and to field experiments. We argue that many recent objections against lab experiments are misguided and that even more lab experiments should be conducted.laboratory experiments, field experiments, controlled variation