LABOR ECONOMICS
LABOR ECONOMICS
8th Edition
ISBN: 9781260004724
Author: BORJAS
Publisher: RENT MCG
Question
Book Icon
Chapter 8, Problem 14P

(a)

To determine

Determine an estimate of the effect the housing voucher program has on retention at KAPC. 

(b)

To determine

Explain the given statement.

Blurred answer
Students have asked these similar questions
In 1999, 4,860 TANF recipients were asked how many hours they worked in the previous week. In 2000, 4,392 of these recipients were again subject to the same TANF rules and were again asked their hours of work during the previous week. The remaining 468 individuals were randomly assigned to a “Negative Income Tax” (NIT) experiment that gave out financial incentives for welfare recipients to work and subjected them to its rules. Like the other group, they were asked about their hours of work during the previous week. The data from the experiment are contained in the table below.(attached)a. What effect did the NIT experiment have on the employment rate of public assistance recipients? Develop a standard difference-in-differences table to support your answer.b. What effect did the NIT experiment have on the weekly hours worked of public assistance recipients who worked positive hours during the survey week? Develop a standard difference-in-differences table to support your answer.
Geoffrey is a new employee at the Boston Consulting Group where his first assignment is to work on a project that is designed to help improve the education system in Boston. As his first task on the project, Geoffrey begins by analyzing the market for education in Boston and he finds that the Social Marginal Cost (SMC) function in the educational market in Boston is equal to: SMC = 20 + 2Q. Next, Geoffrey uses data obtained from Boston population that attended the educational system to find the Private Marginal Benefit (PMB) function in this market; the equation for PMB= 200-2Q where Q represents the units of education that city of Boston produces. Upon additional analysis of the data, Geoffrey learns that each unit of education provides an external benefit to society equal to $20 per unit. Geoffrey also knows that the current market for education in Boston does not internalize the external benefit. Given all that Geoffrey has learned about the market for education in Boston, he…
Suppose a worker's skill is captured by his efficiency units of labor. In country A, the distribution of efficiency units in the population is such that worker 1 has one efficiency unit, worker 2 has two efficiency units, and so on. There are 100 workers in the population. In deciding whether to migrate to country B, these workers compare the present value of their future wage earnings at home (wa) with their potential wage earnings in country B (wB). The relationship between wages and skills in each of the two countries is given by WA = 100 + s and Wg = 110 + 0.75s where s is the number of efficiency units of the worker. (a) Assume there are no migration costs. What is the efficiency of the marginal worker in country A, i.e. the worker who is indifferent between staying in country A or moving to country B? (b) What is the average number of efficiency units among immigrants to country B from country A? Assume that the marginal worker stays. (c) Suppose the cost of migrating from…
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:9780190931919
Author:NEWNAN
Publisher:Oxford University Press
Text book image
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Text book image
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Text book image
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Text book image
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education