The Economics of Language: International Analyses, Barry Chiswick and Paul Miller Have Put Together Their finest Articles on the Topic

Total Page:16

File Type:pdf, Size:1020Kb

The Economics of Language: International Analyses, Barry Chiswick and Paul Miller Have Put Together Their finest Articles on the Topic The Economics of Language This book is primarily concerned with the determinants of dominant lan- guage proficiency among immigrants and other linguistic minorities, and the labour market consequences of this proficiency. Chiswick and Miller present a selection of essays from their Economics of Language research programme, published from 1988 to 2005. Concentrating on the United States, Canada, Australia, Israel and Bolivia, the authors use economic theory to develop models of the determinants of dominant language proficiency. They use econometric techniques to test these models and estimate the magnitude of the effects. The research demonstrates that dominant language proficiency is greater, with more exposure to the dominant language, with greater efficiency in acquiring dominant language skills and the greater economic benefits from proficiency. The effects of dom- inant language proficiency on labour market outcomes are also estimated. This book will be invaluable for anyone engaged in the contemporary issues regarding the adjustment of immigrants in their host economy and society, as well as students of economics, sociology and linguistics. It will also be invaluable for those interested in bilingualism and the assimilation of ethnic/linguistic minorities. Barry R. Chiswick is Distinguished Professor at the University of Illinois at Chicago. Paul W. Miller is Professor of Economics at the University of Western Australia. Praise for The Economics of Language This book contains an impressive collection of essays on the economics of language. Barry Chiswick and Paul Miller have addressed a wide range of areas on both the determinants of language proficiency, and the consequences of language proficiency for labour market outcomes. They offer a broad and international perspective. The book provides careful and insightful analysis on issues relating to language and immigration and will be a great resource for researchers and graduate students working in this area. Professor Christian Dustmann, Department of Economics and Centre for Research and Analysis of Migration (CReAM), University College London Barry Chiswick and Paul Miller have contributed greatly to an interdisciplinary understanding of the mechanisms, conditions, and consequences of language acquisition and the processes of migrant integration as a whole. Their work is a break-through in many respects. Professor Hartmut Esser, Department of Sociology, University of Mannheim In The Economics of Language: International Analyses, Barry Chiswick and Paul Miller have put together their finest articles on the topic. The book is nicely organ- ized around important topics. The theoretical foundations for their empirical work come out strongly, reminding us that it is exposure, efficiency and economic incen- tives that matter for determining language acquisition. The book will prove of great value to researchers on language issues, showcasing in a most useful way the contribution of economists. Harry A. Patrinos PhD, Lead Education Economist, The World Bank, Washington DC Barry Chiswick is one of the most enlightened and insightful economics researchers alive today. Together with his co-author, Paul Miller, he has discovered the enormous importance language plays on the map of socio-economics in terms of jobs, immigration patterns and advancement in immigrant-receiving countries. This book is obligatory reading for all concerned with immigrants and the socio-economic aspects of language. Professor Adam Makkai, Professor of English and Linguistics, University of Illinois at Chicago, Founding Executive Director of LACUS, The Linguistic Association of Canada and the United States For too long, economics has omitted language, whether language in general or, as in the path breaking work of Chiswick and Miller, languages plural: how a Greek migrant to Australia or a Polish migrant to America gets along by becoming fluent. And linguistics too often omits the economics, provided here in lucid and cosmo- politan bulk. Chiswick and Miller ask how much language matters to immigrant lives. It matters a lot, though in surprising ways. The Economics of Language tells the story of the flight from Babel with theoretical depth and quantitative precision. Deirdre McCloskey, Distinguished Professor in the Departments of Economics, English and History at the University of Illinois at Chicago Routledge Studies in the Modern World Economy 1 Interest Rates and Budget Deficits 12 Capital Markets and Corporate A study of the advanced economies Governance in Japan, Germany and Kanhaya L. Gupta and Bakhtiar the United States Moazzami Organizational response to market inefficiencies 2 World Trade after the Uruguay Round Helmut M. Dietl Prospects and policy options for the twenty-first century 13 Competition and Trade Policies Edited by Harald Sander and András Coherence or conflict Inotai Edited by Einar Hope 3 The Flow Analysis of Labour Markets 14 Rice Edited by Ronald Schettkat The primary commodity A. J. H. Latham 4 Inflation and Unemployment Contributions to a new 15 Trade, Theory and Econometrics macroeconomic approach Essays in honour of John S. Chipman Edited by Alvaro Cencini and Mauro Edited by James C. Moore, Raymond Baranzini Riezman, James R. Melvin 5 Macroeconomic Dimensions of Public 16 Who benefits from Privatisation? Finance Edited by Moazzem Hossain and Essays in honour of Vito Tanzi Justin Malbon Edited by Mario I. Blejer and 17 Towards a Fair Global Labour Market Teresa M. Ter-Minassian Avoiding the new slave trade 6 Fiscal Policy and Economic Reforms Ozay Mehmet, Errol Mendes and Essays in honour of Vito Tanzi Robert Sinding Edited by Mario I. Blejer and 18 Models of Futures Markets Teresa M. Ter-Minassian Edited by Barry Goss 7 Competition Policy in the Global 19 Venture Capital Investment Economy An agency analysis of UK practice Modalities for co-operation Gavin C. Reid Edited by Leonard Waverman, William S. Comanor and Akira Goto 20 Macroeconomic Forecasting A sociological appraisal 8 Working in the Macro Economy Robert Evans A study of the US labor market Martin F. J. Prachowny 21 Multimedia and Regional Economic Restructuring 9 How Does Privatization Work? Edited by Hans-Joachim Braczyk, Edited by Anthony Bennett Gerhard Fuchs and Hans-Georg Wolf 10 The Economics and Politics of 22 The New Industrial Geography International Trade Regions, regulation and institutions Freedom and trade: Volume II Edited by Trevor J. Barnes and Edited by Gary Cook Meric S. Gertler 11 The Legal and Moral Aspects of 23 The Employment Impact of International Trade Innovation Freedom and trade: Volume III Evidence and policy Edited by Asif Qureshi, Hillel Steiner Edited by Marco Vivarelli and Mario and Geraint Parry Pianta 24 International Health Care Reform 37 Regionalisation of Globalised A legal, economic and political Innovation analysis Locations for advanced industrial Colleen Flood development and disparities in participation 25 Competition Policy Analysis Edited by Ulrich Hilpert Edited by Einar Hope 38 Gold and the Modern World Economy 26 Culture and Enterprise Edited by MoonJoong Tcha The development, representation and morality of business 39 Global Economic Institutions Don Lavoie and Emily Willem Molle Chamlee-Wright 40 Global Governance and Financial 27 Global Financial Crises and Reforms Crises Cases and caveats Edited by Meghnad Desai and Yahia B.N. Ghosh Said 28 Geography of Production and 41 Linking Local and Global Economies Economic Integration The ties that bind Miroslav N. Jovanovic´ Edited by Carlo Pietrobelli and Arni Sverrisson 29 Technology, Trade and Growth in OECD Countries 42 Tax Systems and Tax Reforms in Does specialisation matter? Europe Valentina Meliciani Edited by Luigi Bernardi and Paola Profeta 30 Post-Industrial Labour Markets Profiles of North America and 43 Trade Liberalization and APEC Scandinavia Edited by Jiro Okamoto Edited by Thomas P. Boje and Bengt 44 Fiscal Deficits in the Pacific Region Furaker Edited by Akira Kohsaka 31 Capital Flows without Crisis 45 Financial Globalization and the Reconciling capital mobility and Emerging Market Economies economic stability Dilip K. Das Edited by Dipak Dasgupta, Marc Uzan and Dominic Wilson 46 International Labor Mobility Unemployment and increasing 32 International Trade and National returns to scale Welfare Bharati Basu Murray C. Kemp 47 Good Governance in the Era of Global 33 Global Trading Systems at Crossroads Neoliberalism A post-Seattle perspective Conflict and depolitization in Latin Dilip K. Das America, Eastern Europe, Asia and 34 The Economics and Management of Africa Technological Diversification Edited by Jolle Demmers, Alex E. Edited by John Cantwell, Alfonso Fernández Jilberto & Barbara Gambardella and Ove Granstrand Hogenboom 35 Before and Beyond EMU 48 The International Trade System Historical lessons and future Alice Landau prospects 49 International Perspectives on Edited by Patrick Crowley Temporary Work and Workers 36 Fiscal Decentralization Edited by John Burgess and Julia Ehtisham Ahmad and Vito Tanzi Connell 50 Working Time and Workers’ 57 Financial Crises Preferences in Industrialized Socio-economic causes and Countries institutional context Finding the balance Brenda Spotton Visano Edited by Jon C. Messenger 58 Globalization and Self Determination Is the nation-state under siege? 51 Tax Systems and Tax Reforms in New Edited by David R. Cameron, Gustav EU Members Ranis and Annalisa Zinn Edited by Luigi Bernardi, Mark Chandler and Luca Gandullia 59 Developing Countries and the Doha Development Round of the WTO 52 Globalization
Recommended publications
  • High-Skilled-Immigration-In-A-Global-Labor-Market.Pdf
    cover 11/19/10 1:37 PM Page 1 frontmatter 11/19/10 12:27 PM Page i High-Skilled Immigration in a Global Labor Market frontmatter 11/19/10 12:27 PM Page iii High-Skilled Immigration in a Global Labor Market Barry R. Chiswick, Editor The AEI Press Publisher for the American Enterprise Institute WASHINGTON, D.C. frontmatter 11/19/10 12:27 PM Page iv Distributed by arrangement with the Rowman & Littlefield Publishing Group, 4501 Forbes Boulevard, Suite 200, Lanham, Maryland 20706. To order, call toll free 1-800-462-6420 or 1-717-794-3800. For all other inquiries, please contact AEI Press, 1150 Seventeenth Street, N.W., Washington, D.C. 20036, or call 1-800-862-5801. Library of Congress Cataloging-in-Publication Data High-skilled immigration in a global labor market / Barry R. Chiswick, editor. p. cm. Includes bibliographical references and index. ISBN-13: 978-0-8447-4385-1 (cloth) ISBN-10: 0-8447-4385-2 (cloth) ISBN-13: 978-0-8447-4387-5 (ebook) ISBN-10: 0-8447-4387-9 (ebook) 1. Foreign workers. 2. Skilled labor. 3. Professional employees. 4. Labor market. 5. Emigration and immigration—Economic aspects. I. Chiswick, Barry R. HD6300.H54 2010 331.6'2—dc22 © 2011 by the American Enterprise Institute for Public Policy Research, Wash- ington, D.C. All rights reserved. No part of this publication may be used or repro- duced in any manner whatsoever without permission in writing from the American Enterprise Institute except in the case of brief quotations embodied in news articles, critical articles, or reviews.
    [Show full text]
  • Gary Becker's Early Work on Human Capital: Collaborations and Distinctiveness
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Teixeira, Pedro Article Gary Becker's early work on human capital: Collaborations and distinctiveness IZA Journal of Labor Economics Provided in Cooperation with: IZA – Institute of Labor Economics Suggested Citation: Teixeira, Pedro (2014) : Gary Becker's early work on human capital: Collaborations and distinctiveness, IZA Journal of Labor Economics, ISSN 2193-8997, Springer, Heidelberg, Vol. 3, pp. 1-20, http://dx.doi.org/10.1186/s40172-014-0012-2 This Version is available at: http://hdl.handle.net/10419/152338 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence
    [Show full text]
  • "The Chosen Few: How Religion and Human Capital Shaped Jewish History C
    th December 13 , 2010 The Pinhas Sapir Center for Development Tel Aviv University Special Conference Debating: "The Chosen Few: How Religion and Human Capital Shaped Jewish History c. 70 ce - 1492" Princeton University Press (Book in Preparation) Maristella Botticini and Zvi Eckstein Sunday, December 19th, 2010 The Eitan Berglas School of Economics Ofair Hall, Tel Aviv University Please confirm your participation to: Tel: + 972‐3‐6409712, +972‐3‐6409202 E‐Mail: [email protected] An updated program and the manuscript may be downloaded from The Sapir Center's website: http://sapir.tau.ac.il Parking will be available at the Smolarz underground parking lot adjacent to Campus Gate 16, George Wise Street, Ramat Aviv. Upon presentation of this program, the parking fee will be 16 NIS per day. 1 Program Sunday, December 19th, 2010 08:30-8:45 G a t h e r i n g 8:45-9:00 Joel Mokyr: Welcoming remarks 9:00-9:45 Introduction and chapter 1 Discussion leader: Peter Temin 9:45 -10:30 Chapter 2 Discussion leader: Avner Greif 10:30-10:45 C O F F E E B R E A K 10:45-11:30 Chapter 3 Discussion leader: Albert Baumgarten 11:30-12:15 Chapter 4 Discussion leader: Yoram Weiss 12:15-13:15 L U N C H 13:15-14:00 Chapter 6 Discussion leader: Mark Cohen 14:00-14:45 Chapter 5 Discussion leader: Zeev Safrai 14:45-15:00 C O F F E E B R E A K 15:00-15:45 Chapter 7 Discussion Leader: Barry Chiswick 15:45-16:30 Chapter 8 Discussion leader: Michael Toch 16:30- 16:45 C O F F E E B R E A K 2 16:45-17:30 Chapter 9 Discussion leader: Yannay Spitzer 17:30-18:15 Chapter 10 Discussion leader: Jacob Metzer 18:15-18:30 C O F F E E B R E A K 18:30-20:00 Panel Discussion on: "Religion, Human Capital and the Economic History of the Jews" Panelists: Menahem Ben-Sasson, Joel Mokyr, Nathan Sussman Manuel Trajtenberg Ofair Hall, The Eitan Berglas School of Economics Tel Aviv University Campus, Ramat-Aviv 3 List of Participants (Preliminary) Prof.
    [Show full text]
  • Carmel Ullman Chiswick
    April 2014 CARMEL ULLMAN CHISWICK Curriculum Vitae MAILING ADDRESS: Department of Economics Phone: (202) 994-3161 George Washington University FAX: (202) 994-6147 Monroe Hall 363 2115 G Street, NW E-mail: [email protected] Washington, DC 20052 Web site: www.uic.edu/~cchis/ HOME ADDRESS: 3901 Connecticut Ave., #508 Phone: (202) 248-6257 Washington, DC 20008-6406 Cell: (847) 644-5912 EDUCATION Ph.D. Economics: Columbia University, 1972 M.A. Economics: Columbia University, 1971 B.A. Mathematics: Antioch College, 1964 FIELDS Economics of Religion, Economics of Ethnicity Economic Development (Human Resources, Employment and Income Distribution, Impacts of Immigration) Labor Economics; Economic Demography; Women and Work Applied Economic Statistics and Econometrics (esp. Census and Household Survey data analysis and methodology) Economic History Carmel U. Chiswick 2 April 2014 PUBLICATIONS A. Books Judaism in Transition: How Economic Choices Shape Religious Tradition. Stanford University Press, 2014. The Economics of American Judaism. London: Routledge, 2008. 177 pages. Jewish Society and Culture: An Economic Perspective (with Tikva Lecker and Nava Kahana). Ramat Gan: Bar Ilan University Press, 2007. 206 pages. The Economics of Immigration and Social Diversity (ed. with Hillel Rapoport and Solomon Polachek). Special Issue of Research in Labor Economics, Vol. 24 (2006). 467 pages. The Economics of Judaism and Jewish Observance (with Tikva Lecker). Special Issue of Contemporary Jewry, Vol. 20 (1999). 242 pages. B. Articles “Immigrants and Religion.” Handbook on the Economics of International Immigration, Volume 1 (Barry R. Chiswick and Paul W. Miller, eds.), Elsevier 2014. (Forthcoming. Also downloadable as IZA Discussion Paper No. 8092.) “How Economics Helped Shape American Judaism.” In Aaron Levine (ed.), Judaism and Economics.
    [Show full text]
  • Labor Economics Mincer-Style
    Review of Economics of the Household 1, 273±304, 2003 # 2003 Kluwer Academic Publishers. Manufactured in The Netherlands. Mincer's Overtaking Point and the Life Cycle Earnings Distribution* SOLOMON W. POLACHEK [email protected] Department of Economics, State University of New York at Binghamton, Binghamton, NY 13902-6000, USA; Tel.: (607) 777-6866 Received December 24, 2002; Accepted August 26, 2003 Abstract. In 1958 JacobMincer pioneered an important approach to understand earnings distribution. In the years since Mincer's seminal work, he as well as his students and colleagues extended the original human capital model, reaching important conclusions about a whole array of observations pertaining to human well-being. This line of research explained why education enhances earnings; why earnings rise at a diminishing rate throughout one's life; why earnings growth is smaller for those anticipating intermittent labor force participation; why men earn more than women; why Whites earn more than Blacks; why occupational distributions differ by gender; why geographic and job mobility predominate among the young; why unemployment is lower among the skilled; and why numerous other labor market phenomena occur. This paper surveys the answers to these and other questions based on research emanating from Mincer's original discovery. In addition, this paper provides new empirical evidence regarding Mincer's concept of the ``overtaking age''Ða topic not currently well-explored in the literature. In this latter vein, the paper shows that Mincer's original finding of a U-shaped (log) variance of earnings over the life cycle is upheld in recent data, both for the United States as well as at least seven other countries.
    [Show full text]
  • The Elgar Companion to the Chicago School of Economics
    The Elgar Companion to the Chicago School of Economics Edited by Ross B. Emmett James Madison College, Michigan State University, USA Edward Elgar Cheltenham, UK • Northampton, MA, USA © Ross B. Emmett 2010 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical or photocopying, recording, or otherwise without the prior permission of the publisher. Published by Edward Elgar Publishing Limited The Lypiatts 15 Lansdown Road Cheltenham Glos GL50 2JA UK Edward Elgar Publishing, Inc. William Pratt House 9 Dewey Court Northampton Massachusetts 01060 USA A catalogue record for this book is available from the British Library Library of Congress Control Number: 2009941413 ISBN 978 1 84064 874 4 (cased) Printed and bound by MPG Books Group, UK 02 Contents List of contributors vii Preface xi Introduction 1 Ross B. Emmett PART I ESSAYS ON THE CHICAGO SCHOOL 1 The development of post- war Chicago price theory 7 J. Daniel Hammond 2 Chicago economics and institutionalism 25 Malcolm Rutherford 3 Adam Smith and the Chicago School 40 Steven G. Medema 4 The Economic Organization, by Frank H. Knight: a reader’s guide 52 Ross B. Emmett 5 The Chicago School of welfare economics 59 H. Spencer Banzhaf 6 Chicago monetary traditions 70 David Laidler 7 On the origins of A Monetary History 81 Hugh Rockoff 8 Chicago and economic history 114 David Mitch 9 Chicago and the development of twentieth- century labor economics 128 Bruce E. Kaufman 10 Human Capital, by Gary S. Becker: a reading guide 152 Pedro Nuno Teixeira 11 Chicago law and economics 160 Steven G.
    [Show full text]
  • Curriculum Vitae
    May 2020 CARMEL ULLMAN CHISWICK Curriculum Vitae MAILING ADDRESS: Department of Economics Phone: (202) 994-3161 George Washington University FAX: (202) 994-6147 Monroe Hall 363 2115 G Street, NW E-mail: [email protected] Washington, DC 20052 Web site: cchis.people.uic.edu/ HOME ADDRESS: 3901 Connecticut Ave., #508 Phone: (202) 248-6257 Washington, DC 20008-6406 Cell: (847) 644-5912 EDUCATION Ph.D. Economics: Columbia University, 1972 M.A. Economics: Columbia University, 1971 B.A. Mathematics: Antioch College, 1964 FIELDS Economics of Religion, Economics of Ethnicity Economic Development (Human Resources, Employment and Income Distribution, Impacts of Immigration) Labor Economics; Economic Demography; Women and Work Applied Economic Statistics and Econometrics (esp. Census and Household Survey data analysis and methodology) Economic History Carmel U. Chiswick 2 May 2020 PUBLICATIONS A. Books Judaism in Transition: How Economic Choices Shape Religious Tradition. Stanford: Stanford University Press, 2014. 234 pages. The Economics of American Judaism. London: Routledge, 2008. 177 pages. Jewish Society and Culture: An Economic Perspective (with Tikva Lecker and Nava Kahana). Ramat Gan: Bar Ilan University Press, 2007. 206 pages. The Economics of Immigration and Social Diversity (ed. with Hillel Rapoport and Solomon Polachek). Special Issue of Research in Labor Economics, Vol. 24 (2006). 467 pages. The Economics of Judaism and Jewish Observance (with Tikva Lecker). Special Issue of Contemporary Jewry, Vol. 20 (1999). 242 pages. B. Articles “Why the Jews Flourished in America” (with B.R. Chiswick) in B.R. Chiswick (ed.), Jews at Work: Their Economic Progress in the American Labor Market, Studies of Jews in Society 2. Springer (forthcoming 2020).
    [Show full text]
  • 2018 AJS Conference Program Book
    50TH ANNUAL CONFERENCE December 16–18, 2018 BOSTON 15 West 16th Street, New York, NY 10011-6301 Phone: (917) 606-8249 Fax: (917) 606-8222 [email protected] www.associationforjewishstudies.org EXECUTIVE COMMITTEE STAFF President Warren Hoffman Christine Hayes Executive Director Yale University Michelle Katz Vice President/Membership Membership and Conference and Outreach Content Manager Jeffrey Veidlinger Karin Kugel University of Michigan Program Book Designer, Vice President/Program Website Manager, Noam Pianko AJS Perspectives Managing Editor University of Washington Amy Ronek Vice President/Publications Marketing, Communications, Robin Judd and Public Engagement Manager The Ohio State University Heather Turk Secretary/Treasurer Director of Events and Operations Kenneth Koltun-Fromm Amy Weiss Haverford College Grants and Professional Development Past President Manager Pamela S. Nadell American University The Association for Jewish Studies is a Constituent Society of The American Council of Learned Societies Copyright © 2018 No portion of this publication may be reproduced by any means without the express written permission of the Association for Jewish Studies. The views expressed in advertisements herein are those of the advertisers and do not necessarily reflect those of the Association for Jewish Studies. Contents About the Association for Jewish Studies . 4 Thank You to Our Donors . 6 Institutional Members . 8 Message from the President. .10 Message from the Executive Director. .11 Message from the Vice President for Program . .12 Logistics ���������������������������������������������������������������������������������������������14 Conference Information . .16 Program Committee and Division Chairs �������������������������������������17 AJS Awards . .19 Sponsors . .21 AJS Distinguished Lectureship Program . .23 Exhibitors. .24 Floor Plans. .26 Sessions at a Glance . .30 Conference Program . .46 Film Festival Schedule �������������������������������������������������������������������188 Index of Advertisers.
    [Show full text]
  • NBER and the Evolution of Economic Research, 1920-2020” 2020 AEA Meetings, San Diego CA
    Version of December 17, 2019 For presentation at: “NBER and the Evolution of Economic Research, 1920-2020” 2020 AEA Meetings, San Diego CA The Incubator of Human Capital: The NBER and the Rise of the Human Capital Paradigm Claudia Goldin Harvard University and the NBER Lawrence F. Katz Harvard University and the NBER We dedicate this paper to Martin Feldstein, whose vision brought the NBER into the modern age and made 1050 Mass Ave the meeting place for economists and an incubator of human capital. We thank Jennifer Walsh for locating Library of Congress codes for all NBER volumes. The field of human capital was not invented by NBER researchers, but it was nurtured and expanded at the NBER. We explore how the NBER was an incubator of human capital research and the ways human capital theory brought the NBER into the modern era of economics. 1. What is Human Capital Theory? Human capital theory is the notion that an investment in human beings today has a payoff in the future. The investment can be in education, training, health, job search, migration, or anything that impacts income or productivity in the future. One implication of human capital theory is that individuals have a capitalized value (based on their expected future earnings) that can be augmented through investments, as well as reduced by depreciation, illness, injury, or job loss. The theory expands the static notion of the value of skills and places it in a dynamic framework. When aggregated across all individuals, human capital is the economy’s stock of intangibles embedded in individuals.1 Human capital is the wealth of a nation separate from the stock of land and physical capital.
    [Show full text]
  • Economist Letter Against Raising the Minimum Wage
    A Statement to Federal Policy Makers The “recovery” from the Great Recession has been anemic. Business growth, job creation, and consumer spending remain tenuous. Since the official trough in June 2009, median income has fallen, real wages have barely risen, unemployment remains elevated, and because so many Americans have left the workforce entirely, the fraction of the population working is below the pre-recession level. To address the very real concerns of out of work and low-wage workers, many of our nation’s policymakers point to raising the minimum wage as a “silver bullet” solution. Although increasing wages through legislative action may sound like a great idea, poverty is a serious, complex issue that demands a comprehensive and thoughtful solution that targets those Americans actually in need. As economists, we understand the fragile nature of this recovery and the dire financial realities of the nearly 50 million Americans living in poverty. To alleviate these burdens for families and improve our local, regional, and national economies, we need a mix of solutions that encourage employment, business creation, and boost earnings rather than across- the-board mandates that raise the cost of labor. One of the serious consequences of raising the minimum wage is that business owners saddled with a higher cost of labor will need to cut costs, or pass the increase to their consumers in order to make ends meet. Many of the businesses that pay their workers minimum wage operate on extremely tight profit margins, with any increase in the cost of labor threatening this delicate balance. The Congressional Budget Office’s (CBO) most recent report underscores the damage that a federal minimum wage increase would have.
    [Show full text]
  • Carmel Ullman Chiswick
    September 2018 CARMEL ULLMAN CHISWICK Curriculum Vitae MAILING ADDRESS: Department of Economics Phone: (202) 994-3161 George Washington University FAX: (202) 994-6147 Monroe Hall 363 2115 G Street, NW E-mail: [email protected] Washington, DC 20052 Web site: cchis.people.uic.edu/ HOME ADDRESS: 3901 Connecticut Ave., #508 Phone: (202) 248-6257 Washington, DC 20008-6406 Cell: (847) 644-5912 EDUCATION Ph.D. Economics: Columbia University, 1972 M.A. Economics: Columbia University, 1971 B.A. Mathematics: Antioch College, 1964 FIELDS Economics of Religion, Economics of Ethnicity Economic Development (Human Resources, Employment and Income Distribution, Impacts of Immigration) Labor Economics; Economic Demography; Women and Work Applied Economic Statistics and Econometrics (esp. Census and Household Survey data analysis and methodology) Economic History Carmel U. Chiswick 2 September 2018 PUBLICATIONS A. Books Judaism in Transition: How Economic Choices Shape Religious Tradition. Stanford: Stanford University Press, 2014. 234 pages. The Economics of American Judaism. London: Routledge, 2008. 177 pages. Jewish Society and Culture: An Economic Perspective (with Tikva Lecker and Nava Kahana). Ramat Gan: Bar Ilan University Press, 2007. 206 pages. The Economics of Immigration and Social Diversity (ed. with Hillel Rapoport and Solomon Polachek). Special Issue of Research in Labor Economics, Vol. 24 (2006). 467 pages. The Economics of Judaism and Jewish Observance (with Tikva Lecker). Special Issue of Contemporary Jewry, Vol. 20 (1999). 242 pages. B. Articles “The Jewish State and State Judaism: An Economic Perspective.” In Sergio DellaPergola and Uzi Rebhun (eds.), Jewish Population and Identity, Studies of Jews in Society 1. Springer 2018, pp. 143-150. “Immigrants and Religion.” Handbook on the Economics of International Immigration, Volume 1 (Barry R.
    [Show full text]
  • Curriculum Vitae Harriet Orcutt Duleep
    Curriculum Vitae Harriet Orcutt Duleep 4417 Yuma Street, NW, Washington, DC 20016 202-364-8481 (voice); [email protected] (e-mail) Education Ph.D., M.I.T., Department of Economics, 1986. Fields of Concentration: Labor; Econometrics; Human Capital and Income Distribution. Advisers: Jerry Hausman and Lester Thurow, Doctoral Dissertation: Poverty and Inequality of Mortality B.A., University of Michigan, Economics, 1976. Oberlin Conservatory/College, 1973 Professional Experience Research Professor of Public Policy, Thomas Jefferson Program in Public Policy, College of William and Mary, 2007-present Research Fellow, Institute for the Study of Labor (IZA), Bonn, 2000-present Senior Economist, Social Security Administration, Division of Economic Research, 2000-present Deputy Editor, Demography, 2004-2008 Principal Research Associate, Urban Institute, Population Studies Center, 1992-2007. Senior Economist, Acting Director (1990-91), Research Office, U.S. Commission on Civil Rights, 1985-1991 Economist, Social Security Administration, Division of Retirement and Survivor Studies, 1982-1985; Division of Economic Research, 1979-1982 Economic Analyst, Abt Associates, Cambridge, Mass., 1977 Research Associate, Labor Force Behavior of Canadian Women Project, University of Alberta, 1976 Scholarship BOOKS Poverty and Inequality in Mortality: Individual Behaviors, Societal Solutions, book in progress A New Look at Human Capital Investment: A Study of Asian Immigrants and Their Family Ties, with Mark Regets, Seth Sanders, and Phanindra Wunnava, book in progress Immigrants and Immigration Policy: Individual Skills, Family Ties, and Group Identities, co-edited with Phanindra Wunnava. Greenwich, CT: JAI Press, 1996 The Economic Status of Americans of Asian Descent, with Seth Sanders, U.S. Commission on Civil Rights, 1988 (Abstracted in the Journal of Economic Literature, March 1990, pp.
    [Show full text]