This article follows a suggestion made by Piero Sraffa in the late 1920s about writing of his book that was published 1960—a he did not follow. The consisted history political economy, starting with ideas French Physiocrats, and its further development Adam Smith David Ricardo. intended as an introduction to 1960 book. concludes brief discussion ‘central propositions’ book, seen rigorous theore...

We construct a time series of college attendance patterns for the United States and document reversal: family background was better predictor before World War II, but academic ability afterward. model choice that explains this reversal. The model’s central mechanism is an exogenous surge leads colleges to be oversubscribed, institute selective admissions, raise their quality relative peers, as ...

Israel’s 1994 adoption of free in vitro fertilization (IVF) provides a natural experiment for how fertility time horizons impact women’s marriage timing and other outcomes. We find substantial increase average age at first following the policy change, using both men Arab-Israeli women as comparison groups. This shift appears to be driven by increased marriages older younger delaying marriage. A...

We estimate long-run intergenerational persistence in human capital using information on outcomes for the extended family: dynasty. A dataset including entire Swedish population, linking four generations, allows us to identify parents’ siblings and cousins, their spouses, spouses’ siblings. Using various measures, we show that traditional parent-child estimates underestimate by at least one-thi...

This paper investigates whether the impact of children on labor market outcomes women relative to men—child penalties—can be explained by biological links between mother and child. We estimate child penalties in adoptive families using event studies around arrival almost 40 years adoption data from Denmark. Short-run are slightly larger for mothers than mothers, but their long-run virtually ide...

We conduct lab experiments to investigate demand for consumption agency in married couples from Pakistan. Most subjects are no better at guessing their spouse's preferences than those of a stranger, suggesting that individual executive has instrumental value. find significant evidence all experiments, varying with the cost and anticipated benefit agency. But often make choices incompatible pure...

This paper presents the ®rst attempts by economists to estimate a random utility maximisation model for the choice of desired involvement level in heterosexual relationships. A sample of newspaper `personal' advertisements is used to estimate a multinomial logit. Age is found to reduce the net probabiblity of seeking a casual relationship. A number of variables are found to be signi®cant determ...

Bu çal??mada Türkiye’de yoksullu?u etkileyen hanehalk? sorumlusunun demografik özellikleri probit model yöntemi ile belirlenmi?tir. Analiz verileri Türkiye ?statistik Kurumuna ait 2017 y?l? hane halk? gelir ve ya?am ko?ullar? ara?t?rmas? fert anketlerinden sondaj birle?tirme yoluyla elde edilmi?tir. Ard?ndan 22869 kay?t aras?ndan bölgelere göre tabakal? örnekleme 761 seçilmi?tir. Ele al?nan de?...