Professor Costas Meghir

This paper investigates the impact of pupil-teacher ratios on later life earnings. We find no impact on the earnings of men, but a lower pupil-teacher ratio does increase the earnings of women – particularly low ability women.

This paper uses microeconomic data from the U.K. Family Expenditure Surveys (FES) and the General Household Surveys (GHS) to describe and explain changes in the distribution of male wages.

We explore the role that economic incentives, particularly changes in wages at the bottom end of the wage distribution, play in determining crime rates.

In October 1999, the working families' tax credit (WFTC) replaced family credit as the main package of in-work support for families with children.

The impact of compulsory schooling laws as well as the abolition of early selection by ability remain important issues in the educational debate.

This paper provides a non-technical review of the evidence on the returns to education and training for the individual, the firm and the economy at large

In this article we argue that the life-cycle model that allows demographics to affect household preferences and relaxes the assumption of certainty equivalence can generate hump-shaped consumption profiles over age that are very similar to those observed in household-level data sources.

This paper develops and estimates a human capital model of wage growth based on learning by doing.

In this paper we develop the collective labour supply framework to allow for corner solutions and nonparticipation in employment.

The 1980s tax reforms and the changing dispersion of wages offer one the best opportunities yet to estimate labour supply effects.

This paper uses microeconomic data from the UK Family Expenditure Surveys (FES) and the General Household Surveys (GHS) to describe and explain changes in the distribution of male wages.

We study transitions in and out of work for men over the age of forty in order to investigate the principal determinants of retirement age.

Moment conditions are derived for dynamic linear panel data models with linear individual specific effects in the mean and multiplicative individual effects in the conditional ARCH type variance function.

The authors propose a method to test for liquidity constraints which relies on using the within period marginal rate of substitution condition as a benchmark to evaluate the intertemporal Euler equation.