Orley C. Ashenfelter
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Curriculum Vitae
July 25, 2006 Curriculum Vitae NAME: Orley C. Ashenfelter HOME ADDRESS: 30 Mercer Street Princeton, New Jersey 08540 BUSINESS ADDRESS: Industrial Relations Section Firestone Library Princeton University Princeton, New Jersey 08544 BUSINESS PHONE: 609-258-4040 FAX NUMBER: 609-258-2907 DATE OF BIRTH: October 18, 1942 PLACE OF BIRTH: San Francisco, California MARITAL STATUS: Married CURRENT POSITION: Joseph Douglas Green 1895 Professor of Economics And Editor, American Law and Economics Review Section Editor, Economics, International Encyclopedia of the Social and Behavior Sciences Editorial Board, Journal of Cultural Economics PREVIOUS POSITIONS: Co-editor, American Economic Review, 2001-2002. Editor, American Economic Review, 1985-2001. Director, Industrial Relations Section, Princeton University Meyer Visiting Research Professor, New York University School of Law, 1990. Meeker Visiting Professor, University of Bristol, 1980-81. Guggenheim Fellow, 1976-77. Director, Office of Evaluation, U.S. Department of Labor, 1972-73. Lecturer, Assistant Professor, and Associate Professor of Economics, Princeton University, 1968-72. EDUCATION: Claremont McKenna College, B.A. 1964 Princeton University, Ph.D. 1970 AWARDS AND HONORS: Society of Labor Economists’ Jacob Mincer Award, June 4, 2005. Corresponding Fellowship of the Royal Society of Edinburgh, 2005. IZA Prize in Labor Economics, 2003. Doctor Honoris Causa, University of Brussels, November 29, 2002. Fellow, American Academy of Arts & Sciences, 1993- Fellow, Center for Advanced Studies in the Behavioral Sciences, Stanford, California, 1989. Recipient of the Ragnar Frisch Prize of the Econometric Society, 1984. Fellow, Econometric Society, 1977. Guggenheim Fellowship, 1976-77. BOOKS: Statistics and Econometrics: Methods and Applications, (with Phillip B. Levine and David J. Zimmerman), New York:J. -
2005 Mincer Award
Mincer Award Winners 2005: Orley Ashenfelter is one of the two winners of the 2005 Society of Labor Economists’ Jacob Mincer prize honoring lifetime achievements in the field of labor economics. Over the course of a distinguished career, Orley Ashenfelter has had tremendous influence on the development of modern labor economics. His early work on trade unions brought neoclassical economics to bear on a subject that had been the domain of traditional institutionally-oriented industrial relations specialists. As labor supply emerged as one of the most important subjects in the new field, Ashenfelter showed (in work with James Heckman) that neoclassical theory could be applied to decision making within the family. In his Frisch-prize winning 1980 article, Ashenfelter developed a theoretical and empirical framework for distinguishing between voluntary and involuntary unemployment. Orley was also involved in the income maintenance experiments, the first large-scale social experiments. In 1972 Orley served as Director of the Office of Evaluation of the U.S. Dept. of Labor and became deeply interested in the problem of program evaluation. This focus led him to emphasize developing credible and transparent sources of identification through strategies such as the collection of new data, difference-in-difference designs, and exploiting “natural experiments.” In the 1990s, Orley turned to measuring the returns to education. In a series of studies using new data on twins, Ashenfelter (with Alan Kreuger and Cecilia Rouse) suggested that OLS estimates of the returns to schooling were biased downward to a significant degree. Orley has also had a significant impact on the development of empirical law and economics in recent years. -
Learning, Career Paths, and the Distribution of Wages†
American Economic Journal: Macroeconomics 2019, 11(1): 49–88 https://doi.org/10.1257/mac.20170390 Learning, Career Paths, and the Distribution of Wages† By Santiago Caicedo, Robert E. Lucas Jr., and Esteban Rossi-Hansberg* We develop a theory of career paths and earnings where agents organize in production hierarchies. Agents climb these hierarchies as they learn stochastically from others. Earnings grow as agents acquire knowledge and occupy positions with more subordinates. We contrast these and other implications with US census data for the period 1990 to 2010, matching the Lorenz curve of earnings and the observed mean experience-earnings profiles. We show the increase in wage inequality over this period can be rationalized with a shift in the level of the complexity and profitability of technologies relative to the distribution of knowledge in the population. JEL D83, E24, J24, J31 ( ) his paper develops a new model of an economy that generates sustained pro- Tductivity growth. One distinctive feature of the model is that all knowledge in the economy is held by the individual people who comprise it: there is no abstract technology hovering above them in the ether. A second feature, necessarily involv- ing heterogeneous labor, is a kind of complementarity in production involving peo- ple with different skill levels: the marginal product of any one person is contingent on the people he works with. A third feature, closely related to the second, is that improvements over time in individual skill levels depend on imitation or stimulation or inspiration from other people in the economy. All growth is taken to arise from this force. -
Econ792 Reading 2020.Pdf
Economics 792: Labour Economics Provisional Outline, Spring 2020 This course will cover a number of topics in labour economics. Guidance on readings will be given in the lectures. There will be a number of problem sets throughout the course (where group work is encouraged), presentations, referee reports, and a research paper/proposal. These, together with class participation, will determine your final grade. The research paper will be optional. Students not submit- ting a paper will receive a lower grade. Small group work may be permitted on the research paper with the instructors approval, although all students must make substantive contributions to any paper. Labour Supply Facts Richard Blundell, Antoine Bozio, and Guy Laroque. Labor supply and the extensive margin. American Economic Review, 101(3):482–86, May 2011. Richard Blundell, Antoine Bozio, and Guy Laroque. Extensive and Intensive Margins of Labour Supply: Work and Working Hours in the US, the UK and France. Fiscal Studies, 34(1):1–29, 2013. Static Labour Supply Sören Blomquist and Whitney Newey. Nonparametric estimation with nonlinear budget sets. Econometrica, 70(6):2455–2480, 2002. Richard Blundell and Thomas Macurdy. Labor supply: A Review of Alternative Approaches. In Orley C. Ashenfelter and David Card, editors, Handbook of Labor Economics, volume 3, Part 1 of Handbook of Labor Economics, pages 1559–1695. Elsevier, 1999. Pierre A. Cahuc and André A. Zylberberg. Labor Economics. Mit Press, 2004. John F. Cogan. Fixed Costs and Labor Supply. Econometrica, 49(4):pp. 945–963, 1981. Jerry A. Hausman. The Econometrics of Nonlinear Budget Sets. Econometrica, 53(6):pp. 1255– 1282, 1985. -
Technical Paper Series Congressional Budget Office Washington, DC
Technical Paper Series Congressional Budget Office Washington, DC MODELING LONG-RUN ECONOMIC GROWTH Robert W. Arnold Congressional Budget Office Washington, D.C. 20515 [email protected] June 2003 2003-4 Technical papers in this series are preliminary and are circulated to stimulate discussion and critical comment. These papers are not subject to CBO’s formal review and editing processes. The analysis and conclusions expressed in them are those of the author and should not be interpreted as those of the Congressional Budget Office. References in publications should be cleared with the author. Papers in this series can be obtained from www.cbo.gov. Abstract This paper reviews the recent empirical literature on long-run growth to determine what factors influence growth in total factor productivity (TFP) and whether there are any channels of influence that should be added to standard models of long-run growth. Factors affecting productivity fall into three general categories: physical capital, human capital, and innovation (including other factors that might influence TFP growth). Recent empirical evidence provides little support for the idea that there are extra-normal returns to physical capital accumulation, nor is there solid justification for adding a separate channel of influence from capital to TFP growth. The paper finds evidence that human capital—as distinct from labor hours worked—is an important factor for growth but also that there is not yet a consensus about exactly how it should enter the model. Some argue that human capital should enter as a factor of production, while others argue that it merely spurs innovation. The forces governing TFP growth are not well understood, but there is evidence that R&D spending is a significant contributor and that its benefit to society may exceed its benefit to the company doing the spending—that is, it is a source of spillovers. -
Professor Orley Ashenfelter Is the World's Leading Researcher in The
Citation read out at the Royal Society of Edinburgh on 24 March 2005 upon the election of Professor Orley Ashenfelter to the Fellowship of the Royal Society of Edinburgh. Professor Orley Ashenfelter is the Joseph Douglas Green 1895 Professor of Economics at Princeton University. He is the world's leading researcher in the field of labour economics, and has also made major contributions to research in the field of econometrics and law and economics. As Director of the Office of Evaluation of the US Department of Labour in 1972, Professor Ashenfelter began the work that is now widely recognized as the field of "quantitative social program evaluation." His influential work on the econometric evaluation of government retraining programs led to the systematic development of rigorous methods for the evaluation of many social programs. Professor Ashenfelter is also regarded as the originator of the use of so-called "natural experiments" to infer causality about economic relationships. This approach, now becoming universal in all the social sciences, is associated with Princeton University's Industrial Relations Section, of which Professor Ashenfelter was Director. He edited the Handbook of Labour Economics, and is currently Editor of the American Law and Economics Review. His current research includes the evaluation of the effect of schooling on earnings, the cross- country measurement of wage rates, and many other issues related to the economics of labour markets. His further interests include the market for fine wine. Several of his contributions to the economics research literature have been motivated by and reflect this interest. Professor Ashenfelter is a frequent visitor to the UK, and has been visiting Professor at the London School of Economics and the University of Bristol. -
Simple Tests for Selection Bias
Simple Tests for Selection: Learning More from Instrumental Variables Dan A. Black Joonhwi Joo Robert LaLonde Jeffrey A. Smith Evan J. Taylor University of University of University of University of Chicago, Texas at Dallas Michigan, Arizona IZA, and NORC NBER, IZA and CESifo First Draft: December 5, 2014 Current Draft: June 8, 2018 *We thank seminar participants at the IZA at University of Bonn, the University of California at Riverside, the University of Chicago, the University of Illinois at Chicago, Indiana University, the University of Kentucky, the University of North Carolina at Chapel Hill, and the Hitotsubashi Institute for Advanced Study, along with Josh Angrist, Chris Berry, Ben Feigenberg, Anthony Fisher, Anthony Fowler, David Jaeger, Darren Lubotsky, Nikolas Mittag, Douglas Staiger, and Gerard van den Berg for helpful comments. We thank Bill Evans for providing us with the data from Angrist and Evans (1998). Sadly, Bob LaLonde passed away while we were working on a revision of this paper; he will be missed greatly. Simple Tests for Selection: Learning More from Instrumental Variables Abstract We provide simple tests for selection on unobserved variables in the Vytlacil-Imbens-Angrist framework for Local Average Treatment Effects. The tests allow researchers not only to test for selection on either or both of the treated and untreated outcomes, but also to assess the magnitude of the selection effect. The tests are quite simple; undergraduates after an introductory econometrics class should be able to implement these tests. We illustrate our tests with two empirical applications: the impact of children on female labor supply from Angrist and Evans (1998) and the impact of training on adult women from the Job Training Partnership Act (JTPA) experiment. -
1 Nobel Autobiography Angus Deaton, Princeton, February 2016 Scotland
Nobel Autobiography Angus Deaton, Princeton, February 2016 Scotland I was born in Edinburgh, in Scotland, a few days after the end of the Second World War. Both my parents had left school at a very young age, unwillingly in my father’s case. Yet both had deep effects on my education, my father influencing me toward measurement and mathematics, and my mother toward writing and history. The school in the Yorkshire mining village in which my father grew up in the 1920s and 1930s allowed only a few children to go to high school, and my father was not one of them. He spent much of his time as a young man repairing this deprivation, mostly at night school. In his village, teenagers could go to evening classes to learn basic surveying and measurement techniques that were useful in the mine. In Edinburgh, later, he went to technical school in the evening, caught up on high school, and after many years and much difficulty, qualified as a civil engineer. He was determined that I would have the advantages that he had been denied. My mother was the daughter of William Wood, who owned a small woodworking business in the town of Galashiels in the Scottish Borders. Although not well-educated, and less of an advocate for education than my father, she was a great story-teller (though it was sometimes hard to tell the stories from gossip), and a prodigious letter- writer. She was proud of being Scottish (I could make her angry by saying that I was British, and apoplectic by saying that I was English), and she loved the Borders, where her family had been builders and carpenters for many generations. -
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David Card February 2016 Business Address: Department of Economics
Curriculum Vita ‐ David Card February 2016 Business Address: Department of Economics 530 Evans Hall #3880 University of California Berkeley Berkeley, CA 94720‐3880 phone: 510‐642‐5222 fax: 510‐643‐7042 email: [email protected] Citizenship: Canadian; U.S. Permanent Resident Current Positions: Class of 1950 Professor of Economics Director, Center for Labor Economics (CLE) Director, Econometrics Laboratory (EML) Director, Labor Studies Program, National Bureau of Economic Research Previous Positions: Assistant Professor of Business Economics Graduate School of Business University of Chicago, 1982‐83 Assistant Professor of Economics Princeton University, 1983‐87 Professor of Economics Princeton University, 1987‐1997 Visiting Professor of Economics Columbia University, 1990‐91 Fellow, Center for Advanced Study in Behavioral Sciences, 1996‐97 Visiting Professor of Economics Princeton University, 2000‐2001 Visiting Professor of Economics Harvard University, 2008 Education: Queen's University (Kingston), B.A. 1978 Princeton University, Ph.D. 1983 Editorial Positions: Co‐editor American Economic Review, 2002 ‐ 2005. Co‐editor Econometrica, 1993‐97 Associate Editor Journal of Labor Economics 1988‐92 Editorial Boards: Journal of Population Economics, 2001‐ AEJ: Applied Economics, 2007‐ Quarterly Journal of Economics, 2008‐ Awards and Prizes: Doctor of Laws (Honoris Causa) University of Guelph, 2015 BBVA Foundation Frontiers of Knowledge Award, 2015 J.K. Galbraith Fellow, American Academy of Political and Social Science, 2013 Frisch Medal, 2007 -
Seniority, External Labor Markets, and Faculty Pay
Upjohn Institute Working Papers Upjohn Research home page 7-1-1995 Seniority, External Labor Markets, and Faculty Pay Byron W. Brown Michigan State University Stephen A. Woodbury Michigan State University and W.E. Upjohn Institute for Employment Research, [email protected] Upjohn Author(s) ORCID Identifier: https://orcid.org/0000-0002-4474-2415 Upjohn Institute Working Paper No. 95-37 **Published Version** In Quarterly Review of Economics and Finance 38(4): 771-798 (1998). Follow this and additional works at: https://research.upjohn.org/up_workingpapers Part of the Higher Education Commons Citation Brown, Byron W. and Stephen A. Woodbury. 1995. "Seniority, External Labor Markets, and Faculty Pay." Upjohn Institute Working Paper No. 95-37. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research. https://doi.org/10.17848/wp95-37 This title is brought to you by the Upjohn Institute. For more information, please contact [email protected]. Seniority, External Labor Markets, and Faculty Pay Upjohn Institute Staff Working Paper 95-37 Byron W. Brown and Stephen A. Woodbury July 1995 We thank the Office of the Provost of Michigan State University, in particular Dr. Robert F. Banks and Jeanne Kropp, for providing us with the data and for helpful advice at various stages of the analysis. Excellent research assistance was provided by Richard Deibel, Wei-Jang Huang, Rebecca Jacobs, Ella Lim. Brown is Professor of Economics, Michigan State University, East Lansing, MI 48824; Woodbury is Professor of Economics, Michigan State University, and Senior Economist, W. E. Upjohn Institute for Employment Research, 300 South Westnedge Avenue, Kalamazoo, MI 49007. Seniority, External Labor Markets, and Faculty Pay Abstract We estimate the returns to seniority (the wage-tenure profile) for university faculty, and the degree to which these returns respond to entry-level salaries (or opportunity wages)—a relationship unexplored in work to date. -
PPPA 8105 Phd Seminar: Economic Models and Public Policy Analysis Fall 2014 Professor Burt Barnow/Professor Joseph Cordes
School of Public Policy and Public Administration PPPA 8105 PhD Seminar: Economic Models and Public Policy Analysis Fall 2014 Professor Burt Barnow/Professor Joseph Cordes Class Meeting: Media and Public Affairs Building, Room 601Z. Tuesday: 6:10 to 8:00 P.M. Office: 6th Floor, Media and Public Affairs Building Phone: (Barnow) 202-994-6379; (Cordes) (202) 994-5826 Email: [email protected]; [email protected] Office Hours: By appointment Learning Objectives: This is a PhD-level course that focuses on topics in public economics and human capital theory and labor economics. At the conclusion of the course, students will have an understanding of various models for analyzing public sector institutions, expenditures and revenues; and of labor economic/human capital models and how these relate to public policy research. The course has the following specific objectives: • To familiarize students with some of the theoretical foundations of public expenditure and revenue analysis, human capital theory and labor economics. • To introduce students to the various approaches to research in these areas field, which (consistent with the interdisciplinary nature of public policy and administration) rely on tools from many fields, such as economics, and political science. • To provide students with an opportunity to do independent research that furthers some larger career objective, such as making progress toward a dissertation topic or producing a publishable paper. Required Readings There is no required textbook for the course. Instead, it will rely on a substantial number of readings, mainly from academic journals and handbooks, posted on Blackboard. In most weeks, 100-150 pages of reading will be required.