Jonathan L. Rothbaum
U.S. Census Bureau
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We estimate the causal impacts of immigration to U.S. cities on the intergenerational economic mobility of children of U.S.-born parents. Immigration raises the educational attainment and earnings among individuals who grew up in poorer households and reduces the earnings, educational attainment,...
Author(s) - Taha Choukhmane, Jorge Colmenares, Cormac O'Dea, Jonathan L. Rothbaum & Lawrence D.W. Schmidt
U.S. employers and the federal government devote over 1.5% of GDP annually toward promoting defined contribution (DC) retirement saving. Using a new employer-employee linked dataset covering millions of Americans, we show that this system of saving incentives benefits White workers and those with...
July 1, 2024 - Article
There is currently substantial interest in public policies that encourage rms to locate new manufacturing plants in regions with limited opportunities for the economic advancement of their residents. Yet whether such efforts improve economic opportunities for local workers, particularly in the...
This paper studies the long-run effects of government-led construction of manufacturing plants on the regions where they were built and on individuals from those regions. Specifically, we examine publicly financed plants built in dispersed locations outside of major urban centers for security...
Using U.S. administrative data on worker earnings, we show that increases in risk premia lead to lower labor earnings, particularly for lower-paid workers. These declines are primarily driven by job separations. We build an equilibrium model of labor market search that quantitatively replicates the...
For whom has earnings risk changed, and why? We answer these questions by combining the Kalman filter and EM-algorithm to estimate persistent and temporary earnings for every individual at every point in time. We apply our method to administrative earnings linked with survey data. We show that since...
Studies of US intergenerational mobility focus almost exclusively on the transmission of (dis)advantage from parents to children. Until very recently, the influence of earlier generations could not be assessed even in long-running longitudinal studies such as the Panel Study of Income Dynamics (PSID...
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