Study: DACA increased immigrants’ education, labor force participation, and productivity

Professor Na'ama Shenhav (with Elira Kuka and Kevin Shih)'s working paper “Do Human Capital Decisions Respond to the Returns to Education? Evidence from DACA,” was released in February by the National Bureau of Economic Research. The paper studies the human capital responses of undocumented youth to a salient shock in the returns to schooling provided by the Deferred Action for Childhood Arrivals program (DACA). Tracking the outcomes of undocumented youth before and after DACA, the authors provide compelling evidence that an important share of the gap in the high school graduation, college attendance and teenage pregnancy of undocumented students and their peers is attributable to the uncertain and limited returns to schooling. The study found that the Deferred Action for Childhood Arrivals program under fire by the Trump Administration has significantly changed the lives of young people who came to the United States illegally as children.

Protection For The Steel Industry Is As Old As America

TUESDAY, APRIL 24, 2018, NPR Morning Edition Correspondent John Ydstie speaks with Dartmouth Professor Douglas Irwin about tariffs on imported steel. 

“President Trump's tariffs on imported steel aren't the first time the industry has gotten protection from the U.S. government. Not by a long shot. In fact, tariff protection for the industry — which politicians often say is a vital national interest — goes back to the very beginning of the republic.”  Click here to listen the full show on NPR.

Dartmouth Economist Proposes Tax Breaks for Preschool Costs

Associate Professor of Economics Elizabeth Cascio recently argued for a federal child care tax credit that shifts benefits to lower-income families at a national forum on “Policies to Promote Women’s Economic Opportunity.”

Cascio was invited to present her work at the conference, which brought together leading voices in academia, business, and politics, including top Facebook executive and LeanIn.org founder Sheryl Sandberg, Debra Ness, president of the National Partnership for Women & Families, and U.S. Rep. Anna Eshoo, a California Democrat who has represented Silicon Valley for more than 20 years. The forum was sponsored by the Hamilton Project, LeanIn.org., and Stanford Law School, which hosted the conference.

Don't weep for boomers close to retirement

In a story about retirement prospects for baby boomers, Bloomberg Businessweek cites a study co-authored by Dartmouth’s Alan L. Gustman that concludes the picture isn’t as gloomy for most in this demographic group as some might think.

The study, led by Gustman, the Loren M. Berry Professor of Economics and research associate for the National Bureau of Economic Research, looked at how the recession had affected the wealth and retirement of those near retirement age, Bloomberg writes.

In fact, writes Bloomberg, the inflation-adjusted wealth of those ages 53 to 58 in 2006 is shown to have decreased by only 2.8 percent.

“We thought the early boomers would be an enormously vulnerable group,” Gustman tells Bloomberg. “So we looked back and the answer was: Not much happened.”

Read the full story, published 2/24/13 in Bloomberg Businessweek.

High home ownership, higher unemployment

According to a new study co-authored by David Blanchflower, the Bruce V. Rauner Professor of Economics, an increase of home ownership is associated with higher rates of unemployment, reports The Wall Street Journal.

“A doubling of the rate of home ownership in a US state is followed in the long run by more than a doubling of the later unemployment rate,” the authors write.

A rise in home ownership, the study finds, leads to three problems:

  • Lower levels of labor mobility
  • Greater commuting times
  • Fewer new businesses

Read the full story, published 5/7/13 by The Wall Street Journal.