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Dynamic investment models and the firm's financial policy

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S Bond, C Meghir - The Review of Economic Studies, 1994 - restud.oxfordjournals.org
Abstract In this paper we investigate the sensitivity of investment to the availability of internal
funds using the hierarchy of finance approach to corporate finance. We characterize the
empirical implications of this approach for dynamic investment models and test these ...
Cited by 759 - Related articles - Library Search - BL Direct - All 15 versions

Estimating labor supply responses using tax reforms

[PDF] from 162.105.146.111
R Blundell, A Duncan… - Econometrica, 1998 - JSTOR
The 1980's tax reforms and the changing dispersion of wages offer one of the best
opportunities yet to estimate labor supply effects. Nevertheless, changing sample
composition, aggregate shocks, the changing composition of the tax paying population, ...
Cited by 452 - Related articles - Get it from MIT Libraries - Library Search - BL Direct - All 22 versions

The effects of male and female labor supply on commodity demands

M Browning, C Meghir - Econometrica: Journal of the Econometric Society, 1991 - JSTOR
We examine the effects of male and female labor supply on household demands and
present a simple and robust test for the separability of commodity demands from labor
supply. Using data on individual households from six years of the UK FES we estimate a ...
Cited by 421 - Related articles - Get it from MIT Libraries - All 13 versions

Consumer demand and the life-cycle allocation of household expenditures

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R Blundell, M Browning… - The Review of …, 1994 - restud.oxfordjournals.org
Abstract The purpose of this paper is to estimate the parameters of household preferences
that determine the allocation of goods within the period and over the life cycle, using micro
data. In doing so we are able to identify important effects of demographics, labour market ...
Cited by 385 - Related articles - Library Search - BL Direct - All 17 versions

Income variance dynamics and heterogeneity

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C Meghir… - Econometrica, 2004 - Wiley Online Library
Recent theoretical work has shown the importance of measuring microeconomic uncertainty
for models of both general and partial equilibrium under imperfect insurance. In this paper
the assumption of iid income innovations used in previous empirical studies is removed ...
Cited by 383 - Related articles - Library Search - BL Direct - All 32 versions

The labour market impact of the working families' tax credit

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R Blundell, A Duncan, J McCrae… - Fiscal Studies, 2000 - Wiley Online Library
Abstract In October 1999, the working families' tax credit (WFTC) replaced family credit as
the main package of in-work support for families with children. Among a range of stated
aims, the WFTC is intended to '… improve work incentives, encouraging people without ...
Cited by 371 - Related articles - BL Direct - All 16 versions

Evaluating the employment impact of a mandatory job search program

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R Blundell, MC Dias, C Meghir… - Journal of the European …, 2004 - Wiley Online Library
Abstract This paper exploits area-based piloting and age-related eligibility rules to identify
treatment effects of a labor market program—the New Deal for Young People in the UK A
central focus is on substitution/displacement effects and on equilibrium wage effects. The ...
Cited by 363 - Related articles - Library Search - BL Direct - All 37 versions

Growth, distance to frontier and composition of human capital

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J Vandenbussche, P Aghion… - Journal of economic growth, 2006 - Springer
Abstract We examine the contribution of human capital to economy-wide technological
improvements through the two channels of innovation and imitation. We develop a
theoretical model showing that skilled labor has a higher growth-enhancing effect closer ...
Cited by 333 - Related articles - Library Search - BL Direct - All 27 versions

Humps and bumps in lifetime consumption

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OP Attanasio, J Banks, C Meghir… - 1995 - nber.org
In this paper we argue that once one departs from the simple classroom example, orstripped
down life-cycle model,'the empirical model for consumption growth can be made flexible
enough to fit the main features of the data. More specifically, we show that allowing ...
Cited by 306 - Related articles - Library Search - BL Direct - All 20 versions

Bivariate alternatives to the Tobit model

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R Blundell… - Journal of Econometrics, 1987 - Elsevier
Abstract This paper discusses some generalisations of the Tobit model that allow for distinct
processes determining the censoring rule and the continuous observations. The effect of
different behavioural assumptions on the econometric model are examined and the ...
Cited by 289 - Related articles - All 9 versions

Human capital investment: the returns from education and training to the individual, the firm and the economy

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R Blundell, L Dearden, C Meghir… - Fiscal studies, 1999 - Wiley Online Library
Abstract This paper provides a non-technical review of the evidence on the returns to
education and training for the individual, the firm and the economy at large. It begins by
reviewing the empirical work that has attempted to estimate the true causal effect of ...
Cited by 270 - Related articles - BL Direct - All 13 versions

The changing distribution of male wages in the UK

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A Gosling, S Machin… - The Review of …, 2000 - restud.oxfordjournals.org
Abstract This paper uses microeconomic data from the UK Family Expenditure Surveys
(FES) and the General Household Surveys (GHS) to describe and explain changes in the
distribution of male wages. Since the late 1970s wage inequality has risen very fast in the ...
Cited by 259 - Related articles - Library Search - BL Direct - All 21 versions

Female labour supply and on-the-job search: an empirical model estimated using complementary data sets

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M Arellano… - The Review of Economic Studies, 1992 - restud.oxfordjournals.org
Abstract We develop an empirical model of labour supply that is consistent with on-the-job
search and which is identified and estimated by combining two data sets: the UK Family
Expenditure Survey which contains information on income and expenditure and the UK ...
Cited by 221 - Related articles - Library Search - All 15 versions

Wages, experience and seniority

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C Dustmann… - Review of Economic Studies, 2005 - Wiley Online Library
In this paper we study the sources of wage growth. We identify the contribution to such
growth of general, sector specific and firm specific human capital. Our results are
interpretable within the context of a model where the returns to human capital may be ...
Cited by 221 - Related articles - All 21 versions

[PDF] The determinants and effects of work related training in Britain

[PDF] from ucl.ac.uk
R Blundell, L Dearden… - 1996 - eprints.ucl.ac.uk
The authors are grateful to the ESRC Data Archive and Peter Shepherd and Kate Smith at
City University for providing them with the NCDS data used in this analysis. The authors
would like to thank Michael Chaplin, Peter Dolton, Richard Freeman, Amanda Gosling, ...
Cited by 215 - Related articles - Get it from MIT Libraries - Library Search - All 11 versions

Unemployment and female labour supply

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R Blundell, J Ham… - The Economic Journal, 1987 - JSTOR
In the basic empirical model of female labour supply (see Heckman, 1974; Hausman, I98I;
Layard et al. I980, for example) any woman reporting zero hours of work is assumed not to
want to work. Labour supply parameters are estimated from a likelihood function where ...
Cited by 185 - Related articles - Library Search - All 14 versions

Educational reform, ability, and family background

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C Meghir - The American Economic Review, 2005 - JSTOR
In the period between 1950 and the mid- 1970s many European countries carried out major
educational reforms that resulted in increases in the number of compulsory years of
education, in the introduction of national cur- ricula, and in the abolition, or delay, of the ...
Cited by 190 - Related articles - All 19 versions

Crime and economic incentives

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S Machin… - Journal of Human Resources, 2004 - jhr.uwpress.org
Abstract We explore the role that economic incentives, particularly changes in wages at the
bottom end of the wage distribution, play in determining crime rates. We use data on the
police force areas of England and Wales between 1975 and 1996 and find (relative) falls ...
Cited by 187 - Related articles - BL Direct - All 22 versions

The effect of school quality on educational attainment and wages

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L Dearden, J Ferri… - Review of Economics and Statistics, 2002 - MIT Press
The paper examines the effects of pupil-teacher ratios and type of school on educational
attainment and wages using the British National Child Development Survey (NCDS). The
NCDS is a panel survey that follows a cohort of individuals born in March 1958 and has a ...
Cited by 160 - Related articles - All 15 versions

Collective labour supply: Heterogeneity and non-participation

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R Blundell, PA Chiappori, T Magnac… - … Discussion Paper No. …, 2005 - papers.ssrn.com
Abstract: We present identification and estimation results for the" collective" model of labour
supply in which there are discrete choices, censoring of hours and non-participation in
employment. We derive the collective restrictions on labour supply functions and contrast ...
Cited by 158 - Related articles - Library Search - BL Direct - All 34 versions

Labour market transitions and retirement of men in the UK

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C Meghir… - Journal of Econometrics, 1997 - Elsevier
We study transitions in and out of work for men over the age of 40 in order to investigate the
principal determinants of retirement age. We apply non-parametric techniques to describe
the exit to retirement. We then estimate a multiple spell model of transitions in and out of ...
Cited by 146 - Related articles - Library Search - All 14 versions

Education choices in Mexico: using a structural model and a randomized experiment to evaluate Progresa

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OP Attanasio, C Meghir… - The Review of …, 2012 - restud.oxfordjournals.org
Abstract In this paper, we use an economic model to analyse data from a major randomized
social experiment, namely PROGRESA in Mexico, and to evaluate its impact on school
participation. We show the usefulness of using experimental data to estimate a structural ...
Cited by 144 - Related articles - All 29 versions

Intertemporal nonseparability or borrowing restrictions? A disaggregate analysis using a US consumption panel

C Meghir… - Econometrica: Journal of the Econometric Society, 1996 - JSTOR
We propose a method to test for liquidity constraints which relies on using the within period
marginal rate of substitution condition as a benchmark to evaluate the intertemporal Euler
equation. If spot markets for nondurable goods exist, but financial markets either do not ...
Cited by 142 - Related articles - Get it from MIT Libraries - BL Direct - All 10 versions

Pension incentives and the pattern of early retirement

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R Blundell, C Meghir… - The Economic Journal, 2002 - Wiley Online Library
This mix of state and private pension provision in the United Kingdom provides a rare
degree of variation in pension incentives for retirement. Using a sample of individuals from
the UK Retirement Survey, the paper models the probability of retirement in terms of the ...
Cited by 139 - Related articles - BL Direct - All 22 versions

Changes in the distribution of male and female wages accounting for employment composition using bounds

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R Blundell, A Gosling, H Ichimura… - Econometrica, 2007 - Wiley Online Library
This paper examines changes in the distribution of wages using bounds to allow for the
impact of nonrandom selection into work. We show that worst case bounds can be
informative. However, because employment rates in the United Kingdom are often low, ...
Cited by 127 - Related articles - Library Search - BL Direct - All 54 versions

Collective labor supply with children

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R Blundell, PA Chiappori… - J Polit Econ, 2005 - discovery.ucl.ac.uk
We extend the collective model of household behavior to allow for the existence of public
consumption. We show how this model allows the analysis of welfare consequences of
policies aimed at changing the distribution of power within the household. Our setting ...
Cited by 123 - Related articles - BL Direct - All 15 versions

Worker displacement in France and Germany

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S Bender, C Dustmann, D Margolis… - Losing work, moving …, 2002 - books.google.com
In this chapter, we describe the evolution of earnings and employment, postdisplacement
and post-other-separation, for workers in France and Germany. Although the literature on
displaced workers (those who experienced involuntary separations from stable jobs for ...
Cited by 107 - Related articles - Library Search - All 24 versions

Labour supply and taxes

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C Meghir… - 2008 - papers.ssrn.com
Abstract: In this paper we provide an overview of the literature relating labour supply to taxes
and welfare benefits with a focus on presenting the empirical consensus. We begin with a
basic continuous hours model, where individuals have completely free choice over their ...
Cited by 109 - Related articles - All 27 versions

Wage risk and employment risk over the life cycle

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H Low, C Meghir… - 2009 - nber.org
We specify a structural life-cycle model of consumption, labour supply and job mobility in an
economy with search frictions that allows us to distinguish between different sources of risk
and to estimate their effects. The sources of risk are shocks to productivity, job destruction, ...
Cited by 99 - Related articles - Library Search - BL Direct - All 64 versions

Collective labour supply: heterogeneity and non-participation

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R Blundell, PA Chiappori… - The Review of …, 2007 - restud.oxfordjournals.org
Abstract We present identification and estimation results for the “collective” model of labour
supply in which there are discrete choices, censoring of hours, and non-participation in
employment. We derive the collective restrictions on labour supply functions and contrast ...
Cited by 96 - Related articles - BL Direct - All 22 versions

The evolution of wages in the United Kingdom: Evidence from micro data

[PDF] from ucl.ac.uk
C Meghir… - Journal of labor Economics, 1996 - JSTOR
We use data on male employees from the UK Family Expenditure Survey for the years 1968-
86 to investigate the behavior of wages over time and across cohorts. We find that
differentials between manual workers and professional managerial ones are lower at ...
Cited by 88 - Related articles - Get it from MIT Libraries - BL Direct - All 12 versions

[BOOK] Child education and work choices in the presence of a conditional cash transfer programme in rural Colombia

[PDF] from ucl.ac.uk
O Attanasio, E Fitzsimons, A Gomez, D Lopez… - 2006 - papers.ssrn.com
Abstract: The paper studies the effects of Familias en Acción, a conditional cash transfer
programme implemented in rural areas in Colombia in 2002, on school enrolment and child
labour. Using a quasi-experimental approach, our methodology makes use of an ...
Cited by 77 - Related articles - Get it from MIT Libraries - Library Search - BL Direct - All 15 versions

[BOOK] Maternal education, home environments and the development of children and adolescents

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P Carneiro, C Meghir, M Parey… - 2007 - papers.ssrn.com
Abstract: We study the intergenerational effects of maternal education on children's cognitive
achievement, behavioural problems, grade repetition and obesity. We address endogeneity
of maternal schooling by instrumenting with variation in schooling costs when the mother ...
Cited by 77 - Related articles - Get it from MIT Libraries - Library Search - All 26 versions

Taxation in empirical labour supply models: lone mothers in the UK

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R Blundell, A Duncan… - The Economic Journal, 1992 - JSTOR
The implicit labour supply function (2) can be made consistent with intertemporal
optimisation under uncertainty2 by defining It= c-wh, c being observed household
consumption and w the after-tax marginal wage rate (see, for example, Blundell and ...
Cited by 74 - Related articles - Library Search - All 10 versions

Selection criteria for a microeconometric model of labour supply

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R Blundell… - Journal of Applied Econometrics, 1986 - Wiley Online Library
Abstract The wide variety of observed behaviour that is displayed in survey data suggests
that microeconometric models should allow a reasonable degree of flexibility in
specification. However, since these models are generally used for policy analysis they are ...
Cited by 73 - Related articles - All 8 versions

Labour supply and intertemporal substitution

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R Blundell, C Meghir… - Journal of Econometrics, 1993 - Elsevier
Abstract This paper concerns the estimation of an intertemporal model for labour supply and
consumption that recognises the presence of nonworkers and which is cast in a structural
optimising framework that allows for uncertainty. Through the utilisation of a micro-data ...
Cited by 72 - Related articles - All 15 versions

Assessing the effect of schooling on earnings using a social experiment

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C Meghir… - 1999 - papers.ssrn.com
Abstract: The implementation of the 1950 Swedish comprehensive school reform was
preceded by a unique social experiment. During this experiment between 1949 and 1962
the new school system was implemented in stages. This allows us to study the same ...
Cited by 71 - Related articles - All 13 versions

Labour supply specification and the evaluation of tax reforms

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R Blundell, C Meghir, E Symons… - Journal of Public Economics, 1988 - Elsevier
Abstract This paper investigates the practical importance of the functional specification of
labour supply equations for the analysis of tax/benefit reform. We consider two labour supply
specifications, one derived from Stone–Geary preferences and the other from a ...
Cited by 66 - Related articles - Library Search - All 9 versions

Frequency of purchase and the estimation of demand systems

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C Meghir… - Journal of Econometrics, 1992 - Elsevier
Abstract In this paper we consider a joint model for frequency of purchase and consumer
demand. We discuss sufficient identifying assumptions for the estimation of consumer
demands from survey data for the general case of nonlinear (or linear) Engel curves. ...
Cited by 65 - Related articles - Library Search - All 11 versions

[PDF] Unemployment, discouraged workers and female labour supply

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R Blundell, J Ham… - RESEARCH IN ECONOMICS-LONDON-, 1998 - ucl.ac.uk
Summary We develop and implement a model of female participation, labour supply and
employment that incorporates both search unemployment and discouraged workers. We
show that in an intertemporal environment with fixed costs, search costs, permanent lay- ...
Cited by 66 - Related articles - Library Search - BL Direct - All 13 versions

Instrumental variables, local instrumental variables and control functions

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JP Florens, J Heckman, C Meghir… - 2002 - eprints.ucl.ac.uk
We consider the identification of the average treatment effect in models with continuous
endogenous variables whose impact is heterogeneous. We derive a testable restriction that
allows us to assess the degree of unobserved heterogeneity. Our analysis uses ...
Cited by 53 - Related articles - Get it from MIT Libraries - All 30 versions

Wages, experience and seniority

[PDF] from ucl.ac.uk
C Dustmann… - 2001 - eprints.ucl.ac.uk
In this paper we study the sources of wage growth. We identify the contribution to such
growth of general, sector specific and firm specific human capital. Our results are
interpretable within the context of a model where the returns to human capital may be ...
Cited by 52 - Related articles - Get it from MIT Libraries - Library Search - BL Direct - All 14 versions

Financial constraints and company investment

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S Bond, C Meghir - Fiscal Studies, 1994 - Wiley Online Library
The question we address in this paper is whether the investment spending of at least some
firms is affected by the availability of internally generated finance (retained earnings),
reflecting some constraint on the ability of these firms to raise external finance (debt or ...
Cited by 51 - Related articles - BL Direct - All 13 versions

What Has Happened to Men's Wages since the Mid‐1960s?

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A Gosling, S Machin… - Fiscal Studies, 1994 - Wiley Online Library
The gap between rich and poor has increased dramatically over the last 25 years and the incomes
of the bottom 10 per cent were no higher in 199 I than in 1967 (see Goodman and Webb
(1994b, this issue)). Wages are an important part of household income and the trends in ...
Cited by 49 - Related articles - BL Direct - All 7 versions

[CITATION] Econometric models of company investment

P Blundell, S Bond, C Meghir - Advanced …, 1996 - KLUWER ACADEMIC PUBLISHERS
Cited by 50 - Related articles - BL Direct

Retirement behaviour in Britain

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R Disney, C Meghir… - Fiscal Studies, 1994 - Wiley Online Library
The continued decline in the proportion of older men and women working has become an
issue of interest to both academic economists and policy-makers in recent years. In this
article, we explore these issues using a new data set: the 1988-89 Office of Population ...
Cited by 44 - Related articles - BL Direct - All 8 versions

[PDF] When you are born matters: The impact of date of birth on child cognitive outcomes in England

[PDF] from lse.ac.uk
C Crawford, L Dearden… - 2007 - eprints.lse.ac.uk
Executive Summary The impact of date of birth on cognitive test scores is well documented
across many countries, with the youngest children in each academic year performing more
poorly, on average, than the older members of their cohort (see, for example, Bedard and ...
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Collective labour supply with children

[PDF] from ucl.ac.uk
R Blundell, PA Chiapprori… - 2002 - discovery.ucl.ac.uk
We extend the collective model of household behavior to allow for the existence of public
consumption. We show how this model allows to analyze welfare consequences of policies
aimed at changing the distribution of power within the household. In particular, we claim ...
Cited by 43 - Related articles - Get it from MIT Libraries - All 25 versions

[PDF] Education subsidies and school drop-out rates

[PDF] from ucl.ac.uk
L Dearden, C Emmerson, C Frayne… - 2008 - discovery.ucl.ac.uk
Abstract This paper evaluates whether means-tested grants paid to secondary students are
an effective way of reducing the proportion of school dropouts. We look at this problem using
matching techniques on a pilot study carried out in England during 1999 and 2000 using a ...
Cited by 40 - Related articles - View as HTML - All 22 versions

The effect of school quality on educational attainment and wages

[PDF] from ucl.ac.uk
L Dearden, J Ferri… - 2000 - eprints.ucl.ac.uk
The paper examines the effects of school pupil-teacher ratios and type of school on
educational attainment and wages using the British National Child Development survey
(NCDS). The NCDS is a panel survey which has followed a cohort of individuals born in ...
Cited by 39 - Related articles - Get it from MIT Libraries - Library Search - All 11 versions

[BOOK] Education Maintenance Allowance: the first year: a quantitative evaluation

[PDF] from lboro.ac.uk
K Ashworth, J Hardman, WC Liu, S Maguire… - 2001 - dspace.lboro.ac.uk
The Department for Education and Employment (DfEE) has commissioned a consortium of
organisations to evaluate the piloting of Education Maintenance Allowances (EMAs). The
consortium, led by the Centre for Research in Social Policy (CRSP), includes the National ...
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Career progression and formal versus on-the-job training

[PDF] from ucl.ac.uk
J Adda, C Dustmann, C Meghir… - CEPR Discussion Paper …, 2007 - papers.ssrn.com
Abstract: We develop a dynamic discrete choice model of training choice, employment and
wage growth, allowing for job mobility, in a world where wages depend on firm-worker
matches, as well as experience and tenure and jobs take time to locate. We estimate this ...
Cited by 39 - Related articles - Library Search - BL Direct - All 77 versions

A Retrospective on Friedman's Theory of Permanent Income*

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C Meghir - The Economic Journal, 2004 - Wiley Online Library
This article was prepared for a conference in honour of Milton Friedman at the University of
Chicago in November 2002, on the occasion of his 90th Birthday. I thank the organisers for
the invitation. I also thank Orazio Attanasio, Richard Blundell, Martin Browning, Jim ...
Cited by 37 - Related articles - BL Direct - All 27 versions

Improving pupil performance in English secondary schools: excellence in cities

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S Machin, S McNally… - Journal of the European …, 2004 - Wiley Online Library
Abstract This paper reports on the short run impact of one of the UK government's flagship
education policies, the Excellence in Cities (EiC) program. EiC is aimed specifically at
alleviating poor student achievement in inner city areas. The analysis compares ...
Cited by 37 - Related articles - BL Direct - All 14 versions

[CITATION] Excellence in cities: The national evaluation of a policy to raise standards in urban schools 2000-2003

L Kendall, L O'Donnell, S Golden, K Ridley… - 2005 - eprints.lse.ac.uk
Kendall, Lesley and O'Donnell, Lisa and Golden, Sarah and Ridley, Kate and Machin, Stephen
and Rutt, Simon and McNally, Sandra and Schagen, Ian and Meghir, Costas and Stoney, Sheila
and Morris, Marian and West, Anne and Noden, Philip (2005) Excellence in cities: the ...
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[CITATION] Work-related training and earnings

R Blundell, L Dearden… - London: Institute for Fiscal Studies, 1999
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Ability, parental background and educationpolicy: empirical evidence from a socialexperiment

[PDF] from ucl.ac.uk
C Meghir… - 2003 - eprints.ucl.ac.uk
Following the great expansion of secondary education in the UnitedStates between 1910
and 1940, Sweden was one of the first Western Europeancountries to attempt such an
expansion by increasing the years ofcompulsory schooling and and improving access to ...
Cited by 33 - Related articles - All 14 versions

A labour supply model for the simulation of tax and benefit reforms

RW Blundell, C Meghir… - … , search and labour …, 1986 - en.scientificcommons.org
Abstract Book description: This book brings together recent work analysing the labour
market behaviour of agents, particularly with regard to unemployment, job search, and
labour supply. It considers the economic and demographic factors involved, and in ...
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[BOOK] A microeconometric model of intertemporal substitution and consumer demand

[PDF] from mcmaster.ca
R Blundell, M Browning, C Meghir… - 1989 - economics.mcmaster.ca
ABSTRACT In this paper we investigate the relationship between within-period preferences
and the degree of intertemporal substitution. We first present a theoretical discussion which
argues that the form of within-period preferences and the way these differ across ...
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Labor Supply Models: Unobserved Heterogeneity, Nonparticipation and Dynamics

[PDF] from ucl.ac.uk
R Blundell, T Macurdy… - Handbook of Econometrics, 2007 - Elsevier
Abstract This chapter is concerned with the identification and estimation of models of labor
supply. The focus is on the key issues that arise from unobserved heterogeneity,
nonparticipation and dynamics. We examine the simple “static” labor supply model with ...
Cited by 32 - Related articles - All 15 versions

[PDF] Matching, sorting and wages

[PDF] from nber.org
J Lise, C Meghir… - Unpublished Manuscript, 2008 - nber.org
Abstract We develop an empirical search-matching model with productivity shocks so as to
analyze policy interventions in a labour market with heterogeneous agents. To achieve this
we develop an equilibrium model of wage determination and employment, which is ...
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The effect of a social experiment in education

[PDF] from lse.ac.uk
C Meghir… - 2001 - eprints.lse.ac.uk
The impact of compulsory schooling laws as well as the abolition of early selection by ability
remain important issues in the educational debate. These issues were the focus of a major
education reform in Sweden which was implemented in the 60s. The reform was preceded ...
Cited by 28 - Related articles - All 16 versions

Active labour market policy vs employment tax credits: lessons from recent UK reforms

[PDF] from ifau.se
R Blundell… - 2002 - papers.ssrn.com
Abstract: Many welfare-to-work programs in both North America and Europe are directed at
making work pay for the low skilled. This paper identifies two alternative policies that are
motivated by this same objective-active labour market programs that involve wage ...
Cited by 26 - Related articles - All 9 versions

Conditional cash transfers and school dropout rates

Full text - MIT Libraries
L Dearden, C Emmerson, C Frayne… - Journal of Human …, 2009 - jhr.uwpress.org
Abstract This paper evaluates a United Kingdom pilot study designed to test whether a
means-tested conditional cash transfer paid to 16-to 18-year-olds for staying in full-time
education is an effective way of reducing the proportion of school dropouts. The transfer's ...
Cited by 27 - Related articles - All 11 versions

Savings and labor-market transitions

R Blundell, T Magnac… - Journal of Business & Economic …, 1997 - JSTOR
A model is developed that allows for a layoff rate and a job-arrival rate in the intertemporal
choice of consumption and labor-market state. The identification of such a model is
established without recourse to dynamic programming solutions, and the minimum data ...
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Dynamic models for policy evaluation

[PDF] from cemmap.ac.uk
C Meghir - ECONOMETRIC SOCIETY MONOGRAPHS, 2006 - books.google.com
Abstract The evaluation of interventions has become a commonly used policy tool, which is
frequently adopted to improve the transparency and effectiveness of public policy. However,
evaluation methods based on comparing treatment and control groups in small scale trials ...
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[PDF] Equilibrium effects of education policies: A quantitative evaluation

[PDF] from nyu.edu
G Gallipoli, C Meghir… - New York University, 2008 - econ.nyu.edu
Abstract This paper compares the partial and general equilibrium effects of alternative
education policies on the distribution of education and earnings. We build a life-cycle model
with endogenous labor supply, consumption/saving and education choices, allowing for ...
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[PDF] Female participation and male unemployment duration in Greece

[PDF] from 202.113.82.2
Full text - MIT Libraries
C Meghir, Y Ioannides… - European economic review, 1989 - 202.113.82.2
In this paper we analyse the main determinants of female participation and male
unemployment duration in Greece. Our approach is more analytical than earlier studies of
the Greek labour market but less descriptive [see eg Karantinos (1988)] and uses data ...
Cited by 23 - Related articles - View as HTML - All 12 versions

[CITATION] Testing for the Separability of Commodity Demands from Male and Female Labour Supply

M Browning, C Meghir… - 1989 - Department of Economics, McMaster …
Cited by 23 - Related articles - Get it from MIT Libraries - Library Search

Male labour supply in Sweden: are incentives important?

S Ackum Agell… - Swedish Economic Policy …, 1995 - en.scientificcommons.org
Abstract We attempt to measure the magnitude of male labour supply responses to changes
in taxes. We estimate models of labour supply using two alternative wage growth measures:
one based on the lifecycle model and one based on the conventional" within period" ...
Cited by 21 - Related articles - Cached - Library Search - All 7 versions

[PDF] Labour market programmes and labour market outcomes: a study of the Swedish active labour market interventions

[PDF] from ucl.ac.uk
J Adda, M Costa Dias, C Meghir… - 2007 - ucl.ac.uk
Abstract This paper assesses the impact of Swedish welfare-to-work programmes on labour
market performance including wages, labour market status, unemployment duration and
future welfare-to-work participation. We develop a structural dynamic model of labour ...
Cited by 21 - Related articles - View as HTML - All 23 versions

[PDF] Tax based savings incentives

[PDF] from worldbank.org
T Besley… - unpublished typescript prepared …, 1998 - siteresources.worldbank.org
Governments in many countries are concerned about the rate of saving and, in response to
this, public policy aimed at raising savings is on the agenda. Tax based savings incentives
are an important form of policy designed to stimulate savings and they abound in ...
Cited by 20 - Related articles - View as HTML - All 2 versions

[CITATION] Testing for separability between goods and leisure using conditional demand systems

Full text - MIT Libraries
M Browning, C Meghir - Econometrica, 1991
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[PDF] Dynamic models of employment based on firm-level panel data

[PDF] from lse.ac.uk
S Machin, A Manning, C Meghir… - CONTRIBUTIONS TO …, 1993 - econ.lse.ac.uk
ABSTRACT In this paper we derive dynamic models of employment in the presence of firm-
union bargaining. The distinctive feature of our theoretical approach is that the bargaining
process Is assumed to be repeated afresh in each period so that current employment ...
Cited by 20 - Related articles - Library Search - BL Direct - All 6 versions

[PDF] The impact of financial incentives on education choice

[PDF] from aueb.gr
L Dearden, C Emmerson, C Frayne… - Institute for Fiscal Studies, …, 2003 - aueb.gr
Abstract This paper evaluates the impact of an additional subsidy to post compulsory
education on an individual's choice to remain in full-time education. Matching techniques
are used on a specially designed dataset in order to ensure that valid comparisons ...
Cited by 19 - Related articles - View as HTML - All 3 versions

Resources and standards in urban schools

[PDF] from ucl.ac.uk
Full text - MIT Libraries
S Machin, S McNally… - Journal of human capital, 2010 - JSTOR
Despite being central to education policy, there remains significant debate about the extent
to which resources matter for pupil outcomes. We consider this in the context of an English
policy initiative aimed at inner-city secondary schools. Results show a positive impact on ...
Cited by 19 - Related articles - Library Search - All 27 versions

[CITATION] What has happened to the wages of men since 1966?

A Gosling, S Machin… - New inequalities: The changing distribution of …, 1996
Cited by 18 - Related articles

The working behavior of young people in rural Côte d'Ivoire

Full text - MIT Libraries
R Alessie, P Baker, R Blundell, C Heady… - The World Bank …, 1992 - World Bank
Abstract One of the major features of structural adjustment is an attempt to reallocate labor—
and hence output—through changes in relative prices. This article assesses how price
changes affect the working patterns of young people in rural Côte d'Ivoire. The analysis is ...
Cited by 18 - Related articles - All 11 versions

Training disadvantaged youth in Latin America: evidence from a randomized trial

[PDF] from ucl.ac.uk
O Attanasio, A Kugler… - 2008 - nber.org
Youth unemployment in Latin America is exceptionally high, as much as 50% among the
poor. Vocational training may be the best chance to help unemployed young people at the
bottom of the income distribution. This paper evaluates the impact of a randomized ...
Cited by 19 - Related articles - Library Search - BL Direct - All 18 versions

Job creation, technological innovation and adjustment costs: Evidence from a panel of British firms

[PDF] from ensae.fr
C Meghir, A Ryan… - Annales d'Economie et de Statistique, 1996 - JSTOR
This paper examines the impact of technological change on net job creation. Innovation (by
a company or its rivals) can affect many dimensions of a firm's employment decision and we
distinguish between three: changes due to higher output, changes due to shifting factor ...
Cited by 17 - Related articles - Get it from MIT Libraries - BL Direct - All 21 versions

[PDF] Risk pooling, risk preferences, and social networks

[PDF] from gmu.edu
O Attanasio, A Barr, JC Cardenas… - Unpublished …, 2009 - eagle.gmu.edu
Abstract Using data from a field experiment conducted in seventy Colombian municipalities,
we investigate who pools risk with whom when risk pooling arrangements are not formally
enforced. We explore the roles played by risk attitudes and network connections both ...
Cited by 18 - Related articles - View as HTML - All 14 versions

[PDF] The impact of wage subsidies: a general equilibrium approach

[PDF] from eea-esem.com
R Blundell, MC Dias… - … of Fiscal Studies and Bank of …, 2003 - eea-esem.com
Abstract This paper develops an overlapping generations GE model of savings, skills and
human capital with labour supply. Idiosyncratic uncertainty under risk aversion is
considered, along with fixed costs from working and discrete working and studying ...
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What has happened to wages?

A Gosling, S Machin… - Open Access publications from …, 1994 - ideas.repec.org
The gap between those who earn the most and those who earn the least in the UK is
growing rapidly and in 1992 was larger than it had been at any time this century. It is one of
the major factors underlying the rise in the inequality of household income and in poverty ...
Cited by 14 - Related articles - Cached - All 8 versions

[BOOK] Subsidizing vocational training for disadvantaged youth in developing countries: evidence from a randomized trial

[PDF] from itam.mx
O Attanasio, AD Kugler… - 2009 - papers.ssrn.com
Abstract: This paper evaluates the impact of a randomized training program for
disadvantaged youth introduced in Colombia in 2005. This randomized trial offers a unique
opportunity to examine the impact of training in developing countries. We use originally ...
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Preference restrictions in microeconometric models of life-cycle behaviour under uncertainty

R Blundell, V Fry… - 1990 - eprints.ucl.ac.uk
Book description: Applied microeconomics has become an increasingly important focus of
economic research, employing rigorous statistical techniques to test sophisticated economic
theories. This volume presents a survey of recent work combining methodology with ...
Cited by 13 - Related articles - Cached - All 5 versions

Earnings, Consumption and Life Cycle Choices

[PDF] from uky.edu
C Meghir… - Handbook of Labor Economics, 2011 - Elsevier
Abstract We discuss recent developments in the literature that studies how the dynamics of
earnings and wages affect consumption choices over the life cycle. We start by analyzing the
theoretical impact of income changes on consumption—highlighting the role of ...
Cited by 14 - Related articles - Library Search - All 19 versions

Moment conditions for dynamic panel data models with multiplicative individual effects in the conditional variance

[PDF] from ucl.ac.uk
C Meghir… - Annales d'Economie et de Statistique, 1999 - JSTOR
Moment conditions are derived for dynamic linear panel data models with linear individual
specific effects in the mean and multiplicative individual effects in the conditional ARCH type
variance function. The relation and correlation between the linear and multiplicative ...
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[PDF] Excellence in Cities: evaluation of an education policy in disadvantaged areas

[PDF] from psu.edu
S Machin, S McNally… - Draft (March), 2003 - Citeseer
Abstract This paper reports on an economic evaluation of an important UK government
education policy, the Excellence in Cities (EiC) programme aimed at alleviating poor student
achievement in inner city areas. The analysis compares educational attainment in Maths ...
Cited by 11 - Related articles - View as HTML - All 10 versions

[CITATION] UK economy cries out for credible rescue plan

T Besley, H Davies, C Goodhart, A Marcet… - The Sunday Times, 2010
Cited by 11 - Related articles - Get it from MIT Libraries

Panel data and life-cycle models

RW Blundell… - 1990 - eprints.ucl.ac.uk
UCL logo UCL Discovery. ...
Cited by 10 - Related articles - Cached - All 6 versions

Active labour market policy vs employment tax credits: Lessons from recent UK reforms

R Blundell… - Swedish Economic Policy Review, 2001 - eprints.ucl.ac.uk
Many welfare-to-work programs in both North America and Europe are directed at making
work pay for the low skilled. This paper identifies two alternative policies that are motivated
by this same objective-active labour market programs that involve wage subsidies ...
Cited by 11 - Related articles - Cached - BL Direct - All 4 versions

[CITATION] Productivity, investment and the threat of takeover

S Bond, C Meghir… - Mimeograph, Institute for Fiscal Studies, 1998
Cited by 10 - Related articles

[CITATION] Engel curve estimation with individual data

R Blundell… - 1987 - discovery.ucl.ac.uk
UCL logo UCL Discovery. ...
Cited by 9 - Related articles - Cached - All 4 versions

[CITATION] Santiago (2006),“Education Choices in Mexico. Using a Structural Model and a Randomised Experiment to Evaluate Progresa,”

O Attanasio… - MIMEO, UCL
Cited by 9 - Related articles

On the reform of the taxation of husband and wife: are incentives important?

Full text - MIT Libraries
RW Blundell, C Meghir, E Symons… - Fiscal studies, 1984 - Wiley Online Library
This paper examines in detail the effects of several possible reforms to the tax treatment of
the earned incomes of husbands and wives on the incentives for married women to work.
The point that changing the method of taxation which households face gives rise to ...
Cited by 8 - Related articles - All 8 versions

[CITATION] Using Complementary Data Sources: An Application to Labour Supply and Job Search

M Arellano, C Meghir… - 1989 - opengrey.eu
Using Complementary Data Sources: An Application to Labour Supply and
Job Search. Manuel Arellano, Costas Meghir, University College, London.
Department of Economics University College, 1989.
Cited by 8 - Cached - Get it from MIT Libraries - Library Search

[PDF] Pension incentives and the pattern of retirement in the United Kingdom

[PDF] from nber.org
R Blundell, C Meghir… - 2004 - nber.org
Like many other Organization for Economic Cooperation and Development (OECD)
countries, the United Kingdom has been experiencing a trend towards earlier labor market
exits among older, particularly male, workers. The proportion of men aged sixty to sixty- ...
Cited by 8 - Related articles - View as HTML - Get it from MIT Libraries - All 10 versions

[PDF] Department of Quantitative Social Science

[PDF] from ioe.ac.uk
C Crawford, L Dearden… - 2010 - repec.ioe.ac.uk
Any school admissions policy involves having children in the same class or school year who
are different ages. Does this difference in age have long term implications? And what should
be the policy response if it does? In England, the month in which you are born affects the ...
Cited by 8 - Related articles - View as HTML - All 18 versions

[CITATION] Tax policy reforms and the robust estimation of labour supply responses

R Blundell, A Duncan… - Institute for Fiscal Studies, July, 1993
Cited by 7 - Related articles

[CITATION] Education Maintenance Allowance: The First Year-A Quantitative Evaluation

L Dearden, K Ashworth, J Hardman, WC Liu… - 2001 - eprints.ioe.ac.uk
Cited by 7 - Related articles - Cached

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