The American Economic Review, Volume 94American Economic Association., 2004 |
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2SLS analysis annuities arrest average benefits blocks capital car thefts changes closure coefficient cohort cointegrating column commodity Compulsory attendance conditional independence consumption correlation costs countries crime demolitions dependent variable dummy dumping duties earnings econometric empirical equation equilibrium esti estimates ex ante F-test factor fixed effects foreign firms function GATT GATT/WTO Heckscher-Ohlin model high school graduation impact implies important incarceration income increase indeterminacy individual industry inflation investigated product job search Journal labor likelihood likelihood function majoritarian measures ment negative neighborhoods NLSY nomic observations outcomes output paper parameters Pareto Pareto-efficient percent pre-Volcker prior probability production propensity score public housing rates region regression relative reported retirement robust sample Section share significant Social Security specification standard errors stations statistically suggest sunspot sunspot shocks Table tion trade transitory vector voting wealth workers Yes Yes zero