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"2000-2001"
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What parents want
We investigate parents' preferences for school attributes in a unique data set of survey, administrative, census and spatial data. Using a conditional logit, incorporating characteristics of households, schools and home–school distance, we show that most families have strong preferences for schools' academic performance. Parents also value schools' socio-economic composition and distance, which may limit the potential of school choice to improve academic standards. Most of the variation in preferences for school quality across socio-economic groups arises from differences in the quality of accessible schools rather than differences in parents' preferences, although more advantaged parents have stronger preferences for academic performance.
Journal Article
Reach for the stars : 1996-2006 - fame, fallout and pop's final party
Using the arrival of the Spice Girls as a jumping-off point, this book will explore, celebrate and contextualise the thus-far-uncharted period of British pop that flourished between 1996 and 2006. A double-denim-loving time before the glare of social media and the accession of streaming, it was the era in which we embraced Cool Britannia, tiptoed into a new millennium, and unleashed the full force of reality TV and talent shows across the world. Throughout all these cultural shifts, the bastions of '00s pop - armed with buoyant, immaculately crafted, carefree anthems - provided entertainment, escapism and fun for millions. Now, music writer Michael Cragg aims to redress that balance. Using the oral-history format, Cragg goes beneath the surface of the bubblegum exterior, speaking to some of the key players about the reality of their experiences.
Book
New York City Cab Drivers' Labor Supply Revisited: Reference-Dependent Preferences with Rational-Expectations Targets for Hours and Income
This paper proposes a model of cab drivers' labor supply, building on Henry S. Farber's (2005, 2008) empirical analyses and Botond Köszegi and Matthew Rabin's (2006; henceforth \"KR\") theory of reference-dependent preferences. Following KR, our model has targets for hours as well as income, determined by proxied rational expectations. Our model, estimated with Farber's data, reconciles his finding that stopping probabilities are significantly related to hours but not income with Colin Camerer et al.'s (1997) negative \"wage\" elasticity of hours; and avoids Farber's criticism that estimates of drivers' income targets are too unstable to yield a useful model of labor supply.
Journal Article
Learning about academic ability and the college dropout decision
Research examining the educational attainment of low-income students has often focused on financial factors such as credit constraints. We use unique longitudinal data to provide direct evidence about a prominent alternative explanation—that departures from school arise as students learn about their academic ability or grade performance. Examining college dropout, we find that this explanation plays a very prominent role; our simulations indicate that dropout between the first and second years would be reduced by 40% if no learning occurred about grade performance/academic ability. The article also contributes directly to the understanding of gender differences in educational attainment.
Journal Article
Partners and rivals : the uneasy future of China's relationship with the United States
\"Until the global financial crisis, China was thought to be decades away from overtaking the United States as the world's largest economy. But while the US skirted economic stagnation, China was able to successfully navigate the crisis, and its growth continues to accelerate. Has the time arrived to re-evaluate our assumptions about the current world order? Will China openly contest the United States' status, unchallenged since the Second World War, as a world leader? Will conflict be inevitable, or would its costs be unthinkable in a globalized world economy?\"--Front flap.
Book
Search, Obfuscation, and Price Elasticities on the Internet
We examine the competition between a group of Internet retailers who operate in an environment where a price search engine plays a dominant role. We show that for some products in this environment, the easy price search makes demand tremendously pricesensitive. Retailers, though, engage in obfuscation—practices that frustrate consumer search or make it less damaging to firms— resulting in much less price sensitivity on some other products. We discuss several models of obfuscation and examine its effects on demand and markups empirically.
Journal Article
Capitalism hits the fan : the global economic meltdown and what to do about it
\"In this updated edition Professor Wolff offers a rich and much needed corrective to the views of mainstreameconomists and pundits. He explains why capitalism's global crisis persists, why bank bailouts and austerity policies fail, and why deepening economic inequality now generates historic social tensions and conflicts and worsens the ongoing crisis.\"-- Back cover.
Book
Destruction and Distress: Using a Quasi-Experiment to Show the Effects of the September 11 Attacks on Mental Well-Being in the United Kingdom
Using a longitudinal household panel dataset in the UK, where a significant proportion of the interviews are conducted in September each year, we are able to show that the attacks of September 11 resulted in lower levels of subjective well-being for those interviewed after that date in 2001 compared with those interviewed before it. This quasi-experiment provides one of the first examples of the impact of a terrorist attack in one country on well-being in another country.
Journal Article