nep-ltv New Economics Papers
on Unemployment, Inequality and Poverty
Issue of 2010‒08‒21
three papers chosen by
Maximo Rossi
University of the Republic

  1. Work and Retirement: How and When Older Americans Leave the Labor Force By Joseph F. Quinn
  2. Wage Effects of Labor Migration with International Capital Mobility By Ruist, Joakim; Bigsten, Arne
  3. Is the Just Man a Happy Man? An Empirical Study of the Relationship Between Ethics and Subjective Well-being By Harvey, James S. Jr.

  1. By: Joseph F. Quinn (Boston College)
    Date: 2010–06–15
  2. By: Ruist, Joakim (Department of Economics, School of Business, Economics and Law, Göteborg University); Bigsten, Arne (Department of Economics, School of Business, Economics and Law, Göteborg University)
    Abstract: Wage effects of immigration are investigated in a setting with international capital mobility, which eliminates two-thirds of the native wage-effects of immigration. Without international capital mobility, overall gains from migration in the immigration region are only a small fraction of total losses to native workers, but with perfect international capital adjustment, overall gains are larger than total losses to native workers. Two alternative tax policies to eliminate the negative wage-effects of immigration on low skilled native workers are evaluated.<p>
    Keywords: International labor migration; wage effects
    JEL: F21 J61
    Date: 2010–08–10
  3. By: Harvey, James S. Jr.
    Abstract: In this paper I consider the question of whether ethical decision-making affects a personâs happiness. Using cross-country data from the World Values Survey, I find that people who agree that it is never justifiable to engage in ethically-questionable behaviors report that they are more satisfied with their life than people who are more tolerant of unethical conduct, even after controlling for other factors known to affect self-reported happiness. The size of the ethics effect is roughly similar to that of a modest increase in income, being married and attending church, while the effect is smaller than that of having poor health or being dissatisfied with oneâs personal finances. These results are robust across the four countries studied (the US, Canada, Mexico and Brazil), although there is variation in the ethics and happiness relationship across countries. One implication of this study is that a consideration of a societyâs ethical norms will improve our understanding of the subjective well-being of people.
    Keywords: Happiness, subjective well-being, ethics, World Values Survey, Labor and Human Capital, D63, D99, Z13,
    Date: 2009–12–02

This nep-ltv issue is ©2010 by Maximo Rossi. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at For comments please write to the director of NEP, Marco Novarese at <>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.