WorldCat Identities

Pischke, Jörn-Steffen

Overview
Works: 98 works in 558 publications in 3 languages and 3,488 library holdings
Genres: History  Case studies  Study guides 
Roles: Author, 958
Classifications: HB139, 330.015195
Publication Timeline
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Most widely held works by Jörn-Steffen Pischke
Mostly harmless econometrics : an empiricist's companion by Joshua David Angrist( Book )

20 editions published between 2008 and 2013 in English and Spanish and held by 711 WorldCat member libraries worldwide

In addition to econometric essentials, this book covers important new extensions as well as how to get standard errors right. The authors explain why fancier econometric techniques are typically unnecessary and even dangerous
Mastering 'metrics : the path from cause to effect by Joshua David Angrist( Book )

15 editions published between 2014 and 2015 in English and held by 441 WorldCat member libraries worldwide

"Applied econometrics, known to aficionados as 'metrics, is the original data science. 'Metrics encompasses the statistical methods economists use to untangle cause and effect in human affairs. Through accessible discussion and with a dose of kung fu-themed humor, Mastering 'Metrics presents the essential tools of econometric research and demonstrates why econometrics is exciting and useful. The five most valuable econometric methods, or what the authors call the Furious Five--random assignment, regression, instrumental variables, regression discontinuity designs, and differences in differences--are illustrated through well-crafted real-world examples (vetted for awesomeness by Kung Fu Panda's Jade Palace). Does health insurance make you healthier? Randomized experiments provide answers. Are expensive private colleges and selective public high schools better than more pedestrian institutions? Regression analysis and a regression discontinuity design reveal the surprising truth. When private banks teeter, and depositors take their money and run, should central banks step in to save them? Differences-in-differences analysis of a Depression-era banking crisis offers a response. Could arresting O.J. Simpson have saved his ex-wife's life? Instrumental variables methods instruct law enforcement authorities in how best to respond to domestic abuse. Wielding econometric tools with skill and confidence, Mastering 'Metrics uses data and statistics to illuminate the path from cause to effect. Shows why econometrics is important Explains econometric research through humorous and accessible discussion Outlines empirical methods central to modern econometric practice Works through interesting and relevant real-world examples "--
Minimum wages and on-the-job training by Daron Acemoglu( Book )

26 editions published between 1999 and 2002 in English and held by 108 WorldCat member libraries worldwide

Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of affected workers because they induce firms to train their unskilled employees. We provide new estimates on the impact of the state and federal increases in the minimum wage between 1987 and 1992 on the training of low wage workers. We find no evidence that minimum wages reduce training, and little evidence that they tend to increase training. We therefore develop a hybrid model where minimum wages reduce the training investments of workers who were taking wage cuts to finance their training, while increasing the training of other workers. Finally, we provide some evidence consistent with this hybrid model
Why do firms train? : theory and evidence by Daron Acemoglu( Book )

24 editions published in 1996 in English and held by 107 WorldCat member libraries worldwide

This paper offers and tests a theory of training whereby workers do not pay for general training they receive. The crucial ingredient in our model is that the current employer has superior information about the worker's ability relative to other firms. This informational advantage gives the employer an ex post monopsony power over the worker which encourages the firm to provide training. We show that the model can lead to multiple equilibria. In one equilibrium quits are endogenously high, and as a result employers have limited monopsony power and are willing to supply only little training, while in another equilibrium quits are low and training high. We also derive predictions from our model not shared by other explanations of firm sponsored training. Using microdata from Germany, we show that the predictions of the specific human capital model are rejected, while our model receives support from the data
The structure of wages and investment in general training by Daron Acemoglu( Book )

20 editions published between 1997 and 1998 in English and held by 106 WorldCat member libraries worldwide

In the standard model of human capital with perfect labor markets, workers pay for general training. When labor market frictions compress the structure of wages, firms may invest in the general skills of their employees. The reason is that the distortion in the wage structure turns "technologically" general skills into "specific" skills. Labor market frictions and institutions, such as minimum wages and union wage setting, are crucial in shaping the wage structure, and thus have an important impact on training. Our results suggest that the more frictional and regulated labor markets in Europe and Japan may generate more firm-sponsored general training than the U.S
Continuous training in Germany by Jörn-Steffen Pischke( Book )

26 editions published between 1996 and 2000 in English and held by 102 WorldCat member libraries worldwide

Using data from the German Socio Economic Panel, I analyze the incidence, financing, and returns to workplace training in Germany for the years 1986 to 1989. Much of this training seems general, and is provided to workers by their employer at no direct cost. While workers typically report larger productivity gains from the training during work hours, such training has lower returns than training undertaken during leisure time. Workers with higher earnings growth seem more likely to participate in training. I deal with this selection problem by estimating models that allow for individual level heterogeneity in earnings growth rates
A statistical analysis of crime against foreigners in unified Germany by Alan B Krueger( Book )

21 editions published between 1995 and 1996 in English and held by 94 WorldCat member libraries worldwide

Germany has experienced a high and rising rate of anti-foreigner violence during the early 1990s. To analyze the determinants of crime against foreigners we assembled a new data set on the number and nature of such crimes at the county level based on newspaper reports. We find significant differences in the patterns of violence in the eastern and western parts of the country. The incidence of anti- foreigner crime is higher in the east and rises with distance from the former west German border. Economic variables like unemployment and wages matter little for the level of crime once location in the east is taken into account. The relative number of foreigners in a country has no relationship with the incidence of ethnic crimes in the west, whereas in the east it has a positive association with the number of crimes per resident and a negative association with the number of crimes per foreign resident
Beyond Becker : training in imperfect labor markets by Daron Acemoglu( Book )

17 editions published in 1998 in English and held by 81 WorldCat member libraries worldwide

In this paper, we survey non-competitive theories of training. With competitive labor markets, firms never pay for investments in general training, whereas when labor markets are imperfect, firm-sponsored training arises as an equilibrium phenomenon. We discuss a variety of evidence which support the predictions of non-competitive theories, and we draw some tentative policy conclusions from these models
Observations and conjectures on the U.S. employment miracle by Alan B Krueger( Book )

17 editions published in 1997 in English and held by 78 WorldCat member libraries worldwide

This paper has three goals; first, to place U.S. job growth in international perspective by exploring cross-country differences in employment and population growth. This section finds that the U.S. has managed to absorb added workers -- especially female workers -- into employment at a greater rate than most countries. The leading explanation for this phenomenon is that the U.S. labor market has flexible wages and employment practices, whereas European labor markets are rigid. The second goal of the paper is to evaluate the labor market rigidities hypothesis. Although greater wage flexibility probably contributes to the U.S.'s comparative success in creating jobs for its population, the slow growth in employment in many European countries appears too uniform across skill groups to result from relative wage inflexibility alone. Furthermore, a great deal of labor market adjustment seems to take place at a constant real wage in the U.S. This leads to the third goal: to speculate on other explanations why the U.S. has managed to successfully absorb so many new entrants to the labor market. We conjecture that product market constraints contribute to the slow growth of employment in many countries
The returns to computer use revisited : have pencils changed the wage structure too? by John E DiNardo( Book )

16 editions published in 1996 in English and held by 77 WorldCat member libraries worldwide

Are the large measured wage differentials associated with on-the-job computer use productivity gains or the result of unobserved heterogeneity? We examine this issue with three large cross-sectional surveys from Germany. First, we confirm that the estimated wage differentials associated with computer use in Germany are very similar to the U.S. differential. Second, using the same techniques we also measure large differentials for on-the-job use of calculators, telephones, pens or pencils, or for those who work while sitting down. Along with our reanalysis of the U.S. data these findings cast some doubt on the interpretation of the computer-use wage differential as reflecting productivity effects arising from the introduction of computers in the workplace
Unions and managerial pay by John E DiNardo( Book )

13 editions published between 1997 and 1998 in English and held by 75 WorldCat member libraries worldwide

Unions compress the wage distribution among workers covered by union contracts. We" ask whether unions also have an effect on the managers of unionized firms. To this end we" collected and assembled data on unionization and managerial pay within firms and industries in" the U.S. and across countries. Generally, we find a negative correlation between executive" compensation and unionization in our cross-section data, but no relationship of changes in" unionization on the growth of compensation of executives over time. Using NLRB elections" data, we find that a loss of union members due to decertification elections is associated with" higher CEO pay, although our estimates are imprecise. With CPS data we consistently find that" where unions are stronger, fewer managers are employed
The impact of length of the school year on student performance and earnings : evidence from the German short school years by Jörn-Steffen Pischke( Book )

20 editions published between 2003 and 2004 in English and held by 62 WorldCat member libraries worldwide

This paper investigates how changing the length of the school year, leaving the basic curriculum unchanged, affects learning and subsequent earnings. I use variation introduced by the West-German short school years in 1966-67, which exposed some students to a total of about two thirds of a year less of schooling while enrolled. I show that the short school years led indeed to shorter schooling for affected students. Using comparisons across cohorts, states, and secondary school tracks, I find that the short school years increased grade repetition in primary school, but had no adverse effect on the number of students attending the highest secondary school track or earnings later in life
Changes in the wage structure, family income, and children's education by Daron Acemoglu( Book )

14 editions published in 2000 in English and held by 62 WorldCat member libraries worldwide

This paper examines changes in the distribution of family income over 30 years, estimating the effect of parental resources on college education, and noting the fact that families at the bottom of the income distribution were much poorer in the 1990s than the 1970s, while the opposite was true for families in the top quartile. Data came from three longitudinal surveys of high school graduates during the 1970s-90s. Each survey examined parent educational background and family income during the senior year of high school. Follow-up information was collected 2 years after respondents' senior year of high school. This provided information on college attendance. There was little increase in the percentage of students attending four-year colleges between 1972-82. Between 1982-92, there was a substantial increase, though it was concentrated among children in the upper two quartiles. Family incomes only rose for families in the top quartile during the study period. They stagnated for the middle two quartiles and fell slightly for the lowest quartile. Income substantially affected enrollment. There was a much weaker contrast across quartiles when examining the percentage ever attending any college (versus those attending a four-year college). (Contains 23 references.) (Sm)
A comparative analysis of East and West German labor markets : before and after unification by Alan B Krueger( Book )

14 editions published in 1992 in English and held by 58 WorldCat member libraries worldwide

In 1988, the wage distribution in East Germany was much more compressed than in West Germany or the U.S. Since the collapse of Communism and unification with West Germany, however, the wage structure in eastern Germany has changed considerably. In particular, wage variation has increased, the payoff to education has decreased somewhat, industry differentials have expanded, and the white collar premium has increased. Although average wage growth has been remarkably high in eastern Germany, individual variation in wage growth is similar to typical western levels. The wage structure of former East Germans who work in western Germany resembles the wage structure of native West Germans in some respects, but their experience-earnings profile is flat
Labor market institutions, wages, and investment by Jörn-Steffen Pischke( Book )

18 editions published in 2004 in English and held by 54 WorldCat member libraries worldwide

Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are the result of different investment decisions by firms for the jobs typically held by less skilled workers. Firms in Europe have more incentives to invest in less skilled workers, because minimum wages or union contracts mandate that relatively high wages have to be paid to these workers. I report some empirical evidence for investments in training and physical capital across the Atlantic, which is roughly in line with this theoretical reasoning
Zero returns to compulsory schooling in Germany : evidence and interpretation by Jörn-Steffen Pischke( Book )

19 editions published between 2005 and 2006 in English and held by 51 WorldCat member libraries worldwide

We estimate the impact of compulsory schooling on earnings using the changes in compulsory schooling laws for secondary schools in West German states during the period from 1948 to 1970. While our research design is very similar to studies for various other countries, we find very different estimates of the returns. Most estimates in the literature indicate returns in the range of 10 to 15 percent. We find no return to compulsory schooling in Germany in terms of higher wages. We investigate whether this is due to labor market institutions or the existence of the apprenticeship training system in Germany, but find no evidence for these explanations. We conjecture that the result might be due to the fact that the basic skills most relevant for the labor market are learned earlier in Germany than in other countries
Peer effects in European primary schools : evidence from PIRLS by Andreas Ammermueller( Book )

25 editions published in 2006 in English and held by 46 WorldCat member libraries worldwide

We estimate peer effects for fourth graders in six European countries. The identification relies on variation across classes within schools. We argue that classes within primary schools are formed roughly randomly with respect to family background. Similar to previous studies, we find sizeable estimates of peer effects in standard OLS specifications. The size of the estimate is much reduced within schools. This could be explained either by selection into schools or by measurement error in the peer background variable. When we correct for measurement error we find within school estimates close to the original OLS estimates. Our results suggest that the peer effect is modestly large, measurement error is important in our survey data, and selection plays little role in biasing peer effects estimates. We find no significant evidence of non-linear peer effects
Returns to apprenticeship training in Austria : evidence from failed firms by Josef Fersterer( Book )

18 editions published between 2007 and 2008 in English and held by 35 WorldCat member libraries worldwide

Little is known about the payoffs to apprenticeship training in the German speaking countries for the participants. OLS estimates suggest that the returns are similar to those of other types of schooling. However, there is a lot of heterogeneity in the types of apprenticeships offered, and institutional descriptions suggest that there might be an important element of selection in who obtains an apprenticeship, and what type. In order to overcome the resulting ability bias we estimate returns to apprenticeship training for apprentices in failed firms in Austria. When a firm fails, current apprentices cannot complete their training in this firm. Because apprentices will be at different stages in their apprenticeship at that time, the failure of a firm will manipulate the length of the apprenticeship period completed for some apprentices. The time to the firm failure therefore serves as an instrument for the length of the apprenticeship completed both at the original firm and at other firms. We find instrumental variables returns which are similar or larger than the OLS returns in our sample, indicating relatively little selection
Money and Happiness: Evidence from the Industry Wage Structure by Jörn-Steffen Pischke( )

14 editions published in 2011 in English and German and held by 34 WorldCat member libraries worldwide

There is a well-established positive correlation between life-satisfaction measures and income in individual level cross-sectional data. This paper attempts to provide some evidence on whether this correlation reflects causality running from money to happiness. I use industry wage differentials as instruments for income. This is based on the idea that at least part of these differentials are due to rents, and part of the pattern of industry affiliations of individuals is random. To probe the validity of these assumptions, I compare estimates for life satisfaction with those for job satisfaction, present fixed effects estimates, and present estimates for married women using their husbands' industry as the instrument. All these specifications paint a fairly uniform picture across three different data sets. IV estimates are similar to the OLS estimates suggesting that most of the association of income and well-being is causal
The credibility revolution in empirical economics: how better research design is taking the con out of econometrics by Joshua David Angrist( )

9 editions published between 2010 and 2011 in English and German and held by 31 WorldCat member libraries worldwide

This essay reviews progress in empirical economics since Leamer's (1983) critique. Leamer highlighted the benefits of sensitivity analysis, a procedure in which researchers show how their results change with changes in specification or functional form. Sensitivity analysis has had a salutary but not a revolutionary effect on econometric practice. As we see it, the credibility revolution in empirical work can be traced to the rise of a design-based approach that emphasizes the identification of causal effects. Design-based studies typically feature either real or natural experiments and are distinguished by their prima facie credibility and by the attention investigators devote to making the case for a causal interpretation of the findings their designs generate. Design-based studies are most often found in the microeconomic fields of Development, Education, Environment, Labor, Health, and Public Finance, but are still rare in Industrial Organization and Macroeconomics. We explain why IO and Macro would do well to embrace a design-based approach. Finally, we respond to the charge that the design-based revolution has overreached
 
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Mostly harmless econometrics : an empiricist's companion
Alternative Names
Pischke, J.-S. 1962-

Pischke, Jorn-Steffen 1960-

Pischke, Jorn-Steffen 1962-

Pischke, Steve 1960-

Pischke, Steve 1962-

Languages
English (363)

German (2)

Spanish (1)

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