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Global Financial Crisis and Africa: Is the Impact Permanent or Transitory? Time Series Evidence from North Africa

By Hassan Y. Aly and Mark C. Strazicich

American Economic Review, May 2011

We utilize time series tests with structural breaks to test for an adverse impact on economic growth rates in North Africa associated with the recent US financial crisis and global recession. One or two breaks are identified for each country, except for M...

www.aeaweb.org/articles?id=10.1257/aer.101.3.577

Remittances and Income Smoothing

By Catalina Amuedo-Dorantes and Susan Pozo

American Economic Review, May 2011

Due to inadequate savings and binding borrowing constraints, income volatility can make households in developing countries particularly susceptible to economic hardship. We examine the role of remittances in either alleviating or increasing household inco...

www.aeaweb.org/articles?id=10.1257/aer.101.3.582

Applying Fixed Effects to Hierarchical Segregation Models

By Dina Shatnawi, Ronald Oaxaca, and Michael Ransom

American Economic Review, May 2011

This paper expands the empirical implementation of hierarchical segregation models to allow for the use of panel methods. We use firm level data collected between 1977 and 1985 from a regional grocery store that faced a title VII class-action lawsuit over...

www.aeaweb.org/articles?id=10.1257/aer.101.3.588

Does Mestizaje Matter in the US? Economic Stratification of Mexican Immigrants

By Alberto Dávila, Marie T. Mora, and Sue K. Stockly

American Economic Review, May 2011

Using data from the 2003 New Immigrant Survey, this paper examines whether stratification as reflected by skin shade exists among newly legalized Mexican immigrants in the US. While we do not find evidence that skin color directly related to employment pr...

www.aeaweb.org/articles?id=10.1257/aer.101.3.593

Estimating the Ex Ante Expected Returns to College

By Andrew J. Hussey and Omari H. Swinton

American Economic Review, May 2011

Rather than estimating the returns to obtaining a college degree, this paper treats the college education decision as an uncertain investment involving varying likelihoods of successful graduation. We predict earnings conditional on both graduating and no...

www.aeaweb.org/articles?id=10.1257/aer.101.3.598

Tracking Intergenerational Progress for Immigrant Groups: The Problem of Ethnic Attrition

By Brian Duncan and Stephen J. Trejo

American Economic Review, May 2011

In tracking the later-generation descendants of immigrants, measurement biases can arise from "ethnic attrition" (e.g., US-born individuals who do not self-identify as Mexican despite having ancestors who immigrated from Mexico). We present evidence that ...

www.aeaweb.org/articles?id=10.1257/aer.101.3.603

Owner-Occupied Housing: Life-Cycle Implications for the Household Portfolio

By Marjorie Flavin and Takashi Yamashita

American Economic Review, May 2011

The paper constructs a model of optimal portfolio allocation incorporating the role of housing as collateral. Current house value is a state variable in the portfolio decision due to a nonconvex adjustment cost. Holding risk aversion constant, the percent...

www.aeaweb.org/articles?id=10.1257/aer.101.3.609

House Prices and Marital Stability

By Martin Farnham, Lucie Schmidt, and Purvi Sevak

American Economic Review, May 2011

We investigate the effect of house price changes on divorce using data for 1991-2010 from the Current Population Survey and the Federal Housing Finance Agency. Our findings suggest that changing house prices significantly affect the share of a cohort that...

www.aeaweb.org/articles?id=10.1257/aer.101.3.615

Hazardous Waste Cleanup, Neighborhood Gentrification, and Environmental Justice: Evidence from Restricted Access Census Block Data

By Shanti Gamper-Rabindran and Christopher Timmins

American Economic Review, May 2011

We test for residential sorting and changes in neighborhood characteristics in response to the cleanup of hazardous waste sites using restricted access fine-geographical-resolution block data. We examine changes between 1990 and 2000 in blocks within 5km ...

www.aeaweb.org/articles?id=10.1257/aer.101.3.620

Estimating the Willingness to Pay to Avoid Violent Crime: A Dynamic Approach

By Kelly C. Bishop and Alvin D. Murphy

American Economic Review, May 2011

The hedonic model, which has been used extensively in the Environmental, Urban, and Real Estate literatures, allows for the estimation of the implicit prices of housing and neighborhood attributes, as well as households' demand for these non-marketed amen...

www.aeaweb.org/articles?id=10.1257/aer.101.3.625

Compensating Differentials for Sexual Harassment

By Joni Hersch

American Economic Review, May 2011

Workplace sexual harassment is illegal, but many workers report that they have been sexually harassed. Exposure to the risk of sexual harassment may decrease productivity, which would reduce wages. Alternatively, workers may receive a compensating differe...

www.aeaweb.org/articles?id=10.1257/aer.101.3.630

Chipping Away at the Glass Ceiling: Gender Spillovers in Corporate Leadership

By David A. Matsa and Amalia R. Miller

American Economic Review, May 2011

This paper examines the role of women helping women in corporate America. Using a merged panel of directors and executives for large US corporations between 1997 and 2009, we find a positive association between the female share of the board of directors i...

www.aeaweb.org/articles?id=10.1257/aer.101.3.635

Have Gender Gaps in Insurance Coverage and Access to Care Narrowed under Health Reform? Findings from Massachusetts

By Sharon K. Long, Karen Stockley, and Shanna Shulman

American Economic Review, May 2011

Under its health reform legislation, Massachusetts has achieved near universal insurance coverage, along with significant gains in health care access and affordability. This paper examines the impacts of health reform in Massachusetts on differences in co...

www.aeaweb.org/articles?id=10.1257/aer.101.3.640

International Migration and Gender Discrimination among Children Left Behind

By Francisca M. Antman

American Economic Review, May 2011

This paper considers how international migration of the head of household affects the allocation of resources toward boys relative to girls within households remaining in the home country. I address the endogeneity of migration with a differences-in-diffe...

www.aeaweb.org/articles?id=10.1257/aer.101.3.645