We find that interventions (e.g., busing) that move children to a more favorable neighborhood have large effects but lose impact when they are scaled up because parents’ equilibrium responses push against successful integration with the new peer group.
That is from . Here is the NBER version, here is the JPE version.
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Physician Incomes and the Extreme Shortage of High IQ Workers
Physician incomes are extraordinarily high in the United States. A new NBER paper finds that U.S. physicians earn roughly two...
South African safari photo by Holly Cowen
The post South African safari photo by Holly Cowen appeared first on Marginal REVOLUTION. Source link...
I talk with Larry Kotlikoff
Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University. I use...
Monday assorted links
1. What people get wrong about women’s rights (Alice Evans, The Economist). 2. The case against liberal interventionism. 3. More...
