P Arcidiacono - Journal of Econometrics, 2004 - Elsevier
Large earnings and ability differences exist across majors. This paper seeks to estimate the
monetary returns to particular majors as well as find the causes of the ability sorting across
majors. In order to accomplish this, I estimate a dynamic model of college and major ...
P Arcidiacono… - Journal of Public Economics, 2005 - Elsevier
Using data on the universe of students who graduated from US medical schools between
1996 and 1998, we examine whether the abilities and specialty preferences of a medical
school class affect a student's academic achievement in medical school and his choice of ...
P Arcidiacono… - Econometrica, 2003 - Wiley Online Library
A popular way to account for unobserved heterogeneity is to assume that the data are drawn
from a finite mixture distribution. A barrier to using finite mixture models is that parameters
that could previously be estimated in stages must now be estimated jointly: using mixture ...
P Arcidiacono - Econometrica, 2005 - Wiley Online Library
This paper addresses how changing the admission and financial aid rules at colleges affects
future earnings. I estimate a structural model of the following decisions by individuals: where
to submit applications, which school to attend, and what field to study. The model also ...
P Arcidiacono… - Econometrica, 2011 - Wiley Online Library
We adapt the expectation–maximization algorithm to incorporate unobserved heterogeneity
into conditional choice probability (CCP) estimators of dynamic discrete choice problems.
The unobserved heterogeneity can be time-invariant or follow a Markov chain. By ...
K Antonovics, P Arcidiacono… - Journal of Human …, 2005 - jhr.uwpress.org
Abstract We use data from the television game show, The Weakest Link, to determine
whether contestants discriminate on the basis of race and gender and, if so, which theory of
discrimination best explains their behavior. Our results suggest no evidence of ...
P Arcidiacono, H Sieg… - International Economic …, 2007 - Wiley Online Library
Arcidiacono, P., Sieg, H. and Sloan, F.(2007), LIVING RATIONALLY UNDER THE
VOLCANO? AN EMPIRICAL ANALYSIS OF HEAVY DRINKING AND SMOKING.
International Economic Review, 48: 37–65. doi: 10.1111/j. 1468-2354.2007. 00417. x
P Arcidiacono, P Bayer… - 2008 - nber.org
In traditional signaling models, education provides a way for individuals to sort themselves
by ability. Employers in turn use education to statistically discriminate, paying wages that
reflect the average productivity of workers with the same given level of education. In this ...
P Arcidiacono, J Cooley… - International Economic …, 2008 - Wiley Online Library
Because MBA programs require work experience before admittance, prior wages can be
exploited to disentangle the return to the degree from unobserved productivity. We find that
controlling for individual fixed effects generally reduces the estimated returns to an MBA, ...
P Arcidiacono, G Foster… - Manuscript, Duke …, 2007 - public.econ.duke.edu
Abstract Obtaining consistent estimates of spillovers in an educational context is hampered
by at least two issues: selection into peer groups and peer effects emanating from
unobservable characteristics. We develop an algorithm for estimating spillovers using ...
P Arcidiacono, G Foster… - Unpublished. Durham: …, 2005 - econ.yale.edu
Abstract We develop a new strategy for estimating peer effects when there are multiple
observations per person and the peer group varies across observations. This technique
allows us to explicitly account for student fixed effects and uses these student fixed effects ...
P Arcidiacono, VJ Hotz… - 2010 - nber.org
The choice of a college major plays a critical role in determining the future earnings of
college graduates. Students make their college major decisions in part due to the future
earnings streams associated with the different majors. We survey students about what ...
P Arcidiacono, A Khwaja… - Manuscript. Duke University, 2007 - econ.duke.edu
Abstract We develop a dynamic discrete choice model of teen sex and pregnancy that
incorporates habit persistence. Habit persistence has two sources here. The first is a 'fixed
cost'of having sex which relates to a moral or psychological barrier that has been crossed ...
P Arcidiacono… - Economic Inquiry, 2010 - Wiley Online Library
This article evaluates the frequently argued but heretofore little tested hypothesis that
increasing minority representation in elite colleges generates tangible benefits for majority-
race students. Using data on graduates of 30 selective universities, we find only weak ...
P Arcidiacono - Journal of Public Economics, 2003 - Elsevier
Blacks have both lower employment rates and lower earnings than whites. Further, the
earnings gap increases as workers age. This paper focuses on explaining differences in
black/white earnings profiles and how government interventions work in a dynamic ...
K Antonovics, P Arcidiacono… - The Review of Economics and …, 2009 - MIT Press
Abstract An important issue with conducting economic analysis in the lab is whether the
results generalize to real-world environments where the stakes and subject pool are
considerably different. We examine data from the game show The Weakest Link to ...
P Arcidiacono, V Joseph Hotz… - Journal of Econometrics, 2011 - Elsevier
The choice of a college major plays a critical role in determining the future earnings of
college graduates. Students make their college major decisions in part due to the future
earnings streams associated with the different majors. We survey students about what ...
K Antonovics, P Arcidiacono… - 2003 - escholarship.org
Abstract Empirically determining whether wage differentials arise because of discrimination
is extremely difficult, and distinguishing between different theories of discrimination is harder
still. This paper exploits a number of unique features of a high-stakes television game ...
P Arcidiacono, EM Aucejo, H Fang… - Quantitative …, 2011 - Wiley Online Library
We argue that once we take into account the students' rational enrollment decisions,
mismatch in the sense that the intended beneficiaries of affirmative action admission policies
are made worse off ex ante can only occur if selective universities possess private ...
P Arcidiacono, S Khan… - Journal of Public Economics, 2011 - Elsevier
Given the existence of non-selective universities, the question of whether to employ racial
preferences in college admissions reduces to one of optimal allocation of a finite resource:
students who are members of under-represented racial or ethnic groups. In this paper, we ...
K Antonovics, P Arcidiacono… - 2003 - papers.ssrn.com
Abstract: Given the tournament-style structure of many aspects of the labor market, one
potentially powerful explanation for gender differences in pay and promotion is that men and
women respond differently to competitive environments. We examine data from the high- ...
P Arcidiacono - Working Papers, 2002 - ideas.repec.org
Large earnings and ability differences exist across majors. This paper seeks to estimate the
monetary returns to particular majors as well as find the causes of the ability sorting across
majors. In order to accomplish this, I estimate a dynamic model of college and major ...
P Arcidiacono, H Sieg… - 2001 - nber.org
This study investigates whether models of forward-looking behavior explain the observed
patterns of heavy drinking and smoking of men in late middle age in the Health and
Retirement Study better than myopic models. We develop and estimate a sequence of ...
T Ahn, P Arcidiacono… - Unpublished paper, Duke University, 2005 - ukcpr.org
Abstract We develop and estimate a general equilibrium search model with endogenous
entry, and therefore zero expected profits, by firms and endogenous labor supply by
workers. Positive employment effects from an increase in the minimum wage can result as ...
P Arcidiacono… - 2000 - terry.uga.edu
Abstract Accurate estimates of peer effects are difficult to obtain because of the endogeneity
of the peer group. Using data on the universe of medical students who graduated from US
medical schools between 1996 and 1998, we examine whether the abilities and specialty ...
T Ahn, P Arcidiacono… - Journal of Business and Economic …, 2011 - ASA
We develop and estimate a one-shot search model with endogenous firm entry, and
therefore zero expected profits, and endogenous labor supply. Positive employment effects
from a minimum wage increase can result as the employment level depends upon both ...
EM Aldrich, PS Arcidiacono… - Topics in Economic …, 2005 - papers.ssrn.com
... comments and conversations. We also thank Robert Kelley for research assistance.
Corresponding author: Peter Arcidiacono, Department of Economics, Duke University,
Durham, NC 27708. Page 3. 1 Introduction Few observers ...
[CITATION] Option Values, College Quality, and Earnings: A Dynamic Model College and Major Choice
P Arcidiacono - 1999 - mimeo, Duke University
[CITATION] Do people value racial diversity? Evidence from Nielsen ratings
P Arcidiacono, J Vigdor… - 2004 - working paper
[CITATION] Option values, college quality, and earnings: Results from a dynamic model of college and major choice
P Arcidiacono - … manuscript, Department of Economics, University of …, 1998
P Arcidiacono… - Annual Review of Economics, 2011 - annualreviews.org
Many discrete decisions are made with an eye toward how they will affect future outcomes.
Formulating and estimating the underlying models that generate these definitions is difficult.
Conditional choice probability (CCP) estimators often provide simpler ways to estimate ...
[CITATION] nThe distributional impacts of minimum wage increases when both labor supply and labor demand are endogenouso
T Ahn, P Arcidiacono… - Journal of Business and Economic Statistics, 2011
P Arcidiacono, H Sieg… - International Economic …, 2006 - people.virginia.edu
Abstract This paper analyzes heavy drinking and smoking using a sample of older
individuals from the Health and Retirement Study (HRS). Older individuals start to
experience negative health shocks which are, at least partially, due to past smoking and ...
[CITATION] CCP Estimation of Dynamic Discrete Choice Modelswith Unobserved Heterogeneity
P Arcidiacono… - Unpublished paper, Carnegie Mellon University, 2008
[CITATION] Estimating spillovers in the classroom with panel data, with an application to the classroom
P Arcidiacono, G Foster, N Goodpaster… - 2009 - Working Paper
[CITATION] Beyond signaling and human capital: education and the revelation of ability
A Peter, P Bayer… - Forthcoming in American Economic Journal: Applied …, 2010
[CITATION] Option values, college quality, and earnings: Results form a dynamic model of college and major choice
P Arcidiacono - 1999 - Working paper, Department of …
[CITATION] On the Value of Inter-Racial Contact and Affirmative Action as a Means to Achieve It
P Arcidiacono… - Duke University unpublished manuscript, 2004
[CITATION] Competing Against the Opposite Sex
A Kate, P Arcidiacono… - June, 2003
T Ahn… - Journal of Urban Economics, 2004 - Elsevier
Traditional theories of the effect unions have on nonunion wages are difficult to reconcile
with firm and worker mobility. We show how differences in nonunion wages can persist in a
two-city search model. Nonunion wage differences across cities are driven by transition ...
[CITATION] sModeling College Major Choices using Elicited Measures of Expectations and Counterfactuals. tJournal of Econo% metrics, forthcoming
P Arcidiacono, J Hotz… - 2011
[CITATION] Estimating Spillovers with Panel Data, with and Application to the Classroom
P Arcidiacono, G Foster, N Goodpaster… - Unpublished Manuscript, Duke …, 2009
Abstract Traditional theories of the effect unions have on nonunion wages are difficult to
reconcile with firm and worker mobility. We show how differences in nonunion wages can
persist in a two-city search model. Nonunion wage differences across cities are driven by ...
P Arcidiacono… - Washington, DC: Employment Policies …, 2004 - epionline.org
Executive Summary In this study, Drs. Peter Arcidiacono and Thomas Ahn investigate claims
of positive employment effects resulting from a minimum wage. The study first highlights the
multitude of reasons why, under the classical economic model—the widely accepted ...
[CITATION] The Effects of Gender Interactions in the Lab and in the Field,” forthcoming
A Kate, P Arcidiacono… - Review of Economics and Statistics
[CITATION] Firm specific and General Training in a Matching Model
P Arcidiacono - manuscript, 1999a, 1999
[CITATION] Race-Conscious Admissions and Inter-Racial Contact: Does Homophily Matter?
P Arcidiacono, S Khan… - Unpublished manuscript, 2005
[CITATION] Randall Walsh. VGames and Discrimination: Lessons from The Weakest Link
K Antonovics… - V Journal of Human Resources
[CITATION] A±rmative Action in Higher Education: How do Admission and Financial Aid Rules A® ect Future Earnings?"
P Arcidiacono - 2001 - Duke Working Paper
P Arcidiacono - Econometrica, 2000 - Citeseer
Abstract This paper addresses how changing the admission and financial aid rules at
colleges affect future earnings. In order to complete this task, I estimate a model which
includes decisions by individuals as to where to submit applications, which school to ...
P Arcidiacono - … Society World Congress 2000 Contributed Papers, 2000 - ideas.repec.org
I develop a matching model with statistical discrimination and intergenerational mobility.
Workers make both observable and unobservable investments before entering the market
which affect their future productivity. Firms can search for workers based upon observable ...
[CITATION] The Effects of Gender Interactions in the Lab and in the Field
A Kate, P Arcidiacono… - 2008 - Forthcoming
P Arcidiacono - 2001 - econ.duke.edu
Abstract Large differences earnings and ability differentials exist across majors. I estimate
how much of the earnings differentials are due to ability and selection. I also separate out
the non-monetary compensating differentials individuals receive both in the workplace ...
[CITATION] Assistant Professor of Economics
P Arcidiacono - Department of Economics, Duke University
P Bayer, P Arcidiacono… - Working Papers, 2010 - papers.ssrn.com
Abstract: We provide evidence that graduating from college plays a direct role in revealing
ability to the labor market. Using the NLSY79, our results suggest that ability is observed
nearly perfectly for college graduates. In contrast, returns to AFQT for high school ...
P Arcidiacono - 2001 - econ.duke.edu
Abstract Unequal outcomes for blacks and whites include differences in earnings, which
increases with age, and unemployment rates. This paper focuses on explaining differences
in profiles and how government interventions work in a dynamic environment. A matching ...
T Ahn, P Arcidiacono, A Murphy… - Journal of Econometrics, 2010 - Elsevier
White teenagers are substantially more likely to search for employment than black
teenagers. This differential occurs despite the fact that, conditional on race, individuals from
disadvantaged backgrounds are more likely to search. While the racial wage gap is small, ...
P Arcidiacono, A Beauchamp, M Hull… - 2011 - aida.wss.yale.edu
Abstract Differences between blacks and whites in test scores and labor market outcomes
are stark. While much catchup occurred post-Civil rights, convergence has slowed. We
examine how differences across education and labor market outcomes vary by maternal ...
[CITATION] Competing For The Opposite Sex: An Equilibrium Model of High School Sex and Dating
P Arcidiacono, A Beauchamp… - 2008
P Arcidiacono, EM Aucejo… - 2011 - sites.google.com
Abstract If affi rmative action results in minority students at elite schools having much
potential but weak preparation, then we may expect minority students to start off behind their
majority counterparts and then catch up over time. Indeed, at the private university we ...
M Aanesen, B Abrams, N Acocella, J Adams… - Public Choice, 2007 - Springer
Public Choice (2007) 133: 507–513 DOI 10.1007/s11127-007-9249-7 ACKNOWLEDGEMENT
... Published online: 23 October 2007 © Springer Science+Business Media, LLC. 2007 ...
Aanesen, Margrethe Abrams, Burton Acocella, Nicola Adams, James Afonso, Antonio ...
[CITATION] The distributional impacts of minimum wage increases when both labor supply and labor demand are endogenous Ed: 230
T Ann, P Arcidiacono… - Operations Research Management Science, 2011
[CITATION] Addicted to Love? A Dynamic Model of Teen Sex and Fertility
P Arcidiacono, A Khwaja… - 2003
P Arcidiacono, E Aucejo, P Coate… - 2011 - sole-jole.org
Abstract Proposition 209 banned the use racial preferences in admissions at public schools
in California. We show that the effects of the proposition on enrollment of under-represented
minorities are small, particularly when considering the number of under-represented ...
[CITATION] Dynamic models of human capital accumulation
PS Arcidiacono - 1999 - University of Wisconsin--Madison
P Arcidiacono… - Econometric Society World …, 2000 - econometricsociety.org
Abstract Sixty percent of medical students switch specialties between the first and fourth year
of medical school. These changes have a profound impact on the students' future earnings
because there are substantial income differences between specialties. In 1997, for ...
G Akerlof, A Alchian, A Alesini, A Slim, K Amis… - education - media.johnwiley.com.au
Second World War 120 social mobility 39‒41 social segregation 58, 59‒61 speed cameras
63‒4 state expenditure 36, 37‒8 Sunday trading 208 3G mobile phone auctions 85‒6 20th-
century politics 121, 127 unemployment 37‒8, 54, 213, 236 Burns, Robert 118 Burrough, ...
P Arcidiacono, G Foster… - 2010 - econ.duke.edu
Abstract Obtaining consistent estimates of spillovers in an educational context is hampered
by at least two issues: selection into peer groups and peer effects emanating from
unobservable characteristics. We develop an algorithm for estimating spillovers using ...
A Peter - ukpmc.ac.uk
This paper addresses how changing the admission and financial aid rules at collegesa# ect
future earnings. In order to complete this task, I estimate a model which includesdecisions by
individuals as to where to submit applications, which school to attend, andwhat field to ...
PAPBA Hizmo - 2010 - econ.duke.edu
Abstract In traditional signaling models, education provides a way for individuals to sort
themselves by ability. Employers in turn use education to statistically discriminate, paying
wages that reflect the average productivity of workers with the same given level of ...
P Arcidiacono, AW Beauchamp… - 2010 - nber.org
We develop a directed search model of relationship formation which can disentangle male
and female preferences for types of partners and for different relationship terms using only a
cross-section of observed matches. Individuals direct their search to a particular type of ...
P Arcidiacono, J Cooley… - 2004 - econ.duke.edu
Abstract Estimating the returns to education is difficult in part because we rarely observe the
counterfactual of the wages without the education. One of the advantages of examining the
returns to an MBA is that most programs require work experience before being admitted. ...
P Arcidiacono - 1999 - econometricsociety.org
Abstract I develop a matching model with statistical discrimination and intergenerational
mobility. Workers make both observable and unobservable investments before entering the
market which affect their future productivity. Firms can search for workers based upon ...
P Arcidiacono,
J Vigdor… - 2002 - insignificantthoughts.com
Abstract Nielsen ratings for ABC's Monday Night Football are significantly higher when the
game involves a black quarterback. In this paper, we consider competing explanations for
this surprisingly robust effect. First, quarterback race might proxy for other player or team ...
P Arcidiacono - Journal of Business & Economic Statistics, 2011 - ASA
Abadie, Alberto, and Imbens, Guido W., “Bias-Corrected Matching Estimators for Average Treatment
Effects,” 1 Ahn, Tom, Arcidiacono, Peter, and Wessels, Walter, “The Dis- tributional Impacts of
Minimum Wage Increases When Both Labor Supply and Labor Demand Are ...
P Arcidiacono… - 2005 - econ.duke.edu
Abstract White teenagers are substantially more likely to search for employment than their
black counterparts. This occurs despite the fact that conditional on race individuals who
come from poorer families are more likely to search and black teenagers come from ...
PA Sloan… - Computing in Economics and …, 2001 - econpapers.repec.org
Most rational addiction models focus on how drinking and smoking are made when young.
Yet, the costs of drinking and smoking generally come later in life. We focus on the decisions
of the elderly where individuals know their propensity for addiction but are uncertain about ...
[CITATION] Associate Professor of Economics
P Arcidiacono - Duke University
VV Acharya, SN Ali, J Apesteguia, P Arcidiacono… - 209.197.108.139
The American Economic Association would like to congratulate its 2010 American Economic
Review Excellence in Refereeing Award recipients. The award recognizes the outstanding
work of those referees whose service and dedication have contributed to the high quality ...
P Arcidiacono, E Aucejo, P Coate… - 2012 - olin.wustl.edu
Abstract Proposition 209 banned the use of racial preferences in admissions at public
colleges in California. Although enrollments for minorities fell post-Prop 209, two-thirds of
the drop came from the CSU system which consists primarily of non-selective institutions. ...
[CITATION] Minimum Wages and Positive Employment
[CITATION] PANEL SESSION TWO THE PROBLEM OF MATH MODEL VALIDATION
WG Bousman, PJ Arcidiacono… - Integrated …, 1988 - NASA Scientific and Technical …
PAR Miller - 2006 - emlab.berkeley.edu
Abstract Standard methods for solving dynamic discrete choice models involve calculating
the value function either through backwards recursion (finite-time) or through the use of a
fixed point algorithm (infinite-time). Conditional choice probability (CCP) estimators ...
P Arcidiacono, A Beauchamp, M Hull… - 2011 - irp.wisc.edu
Abstract Differences in test scores between blacks and whites are stark. While much catchup
occurred post-Civil rights, convergence has slowed. One of the potential sources for test
score differences is differences in parenting practices across races. Mixed-race families ...
[CITATION] COMPETING FOR THE OPPOSITE SEX: AN EQUILIBRIUM MODEL OF SEX AND MATCHING
P Arcidiacono, A Beauchamp…
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