Yoram Wei
Biographic Data
| ID | 253394 |
|---|---|
| NAME | Yoram Wei |
| GIVEN NAMES | Yoram |
| FAMILY NAME | Wei |
| SIGNATURE | WEI Y |
| AFFILIATIONS | Tel Aviv University |
| ORCID | 0000-0002-5721-4136 |
| VERIFIED | Yes |
| TOTAL WORKS | 28 |
| TOTAL CITATIONS | 205 |
| AUTHOR COUNT | 28 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1971 |
| LATEST PUBLICATION YEAR | 2017 |
| H-INDEX | 8 |
Changing the Rules Midway: The Impact of Granting Alimony Rights on Existing and Newly Formed Partnerships
This article analyses the effect of a reform granting alimony rights to cohabiting couples in Canada. A collective household model with a matching framework predicts that changes in alimony laws would affect existing couples and couples‐to‐be differently. For existing couples, it benefits the intended beneficiary but, for couples not yet formed, it generates offsetting intra‐household transfers and lower intra‐marital allocations for the benefici…
Family Theory: Economics of Marriage and Divorce
Economics of the Family
The family is a complex decision unit in which partners with potentially different objectives make consumption, work and fertility decisions. Couples marry and divorce partly based on their ability to coordinate these activities, which in turn depends on how well they are matched. This book provides a comprehensive, modern and self-contained account of the research in the growing area of family economics. The first half of the book develops sever…
Immigration and Labor Market Mobility in Israel, 1990 to 2009
A study of the labor market integration of highly skilled Soviet immigrants to Israel that formulates dynamic models of job search and human capital investment. After the collapse of the Soviet Union in 1989, Soviet Jews emigrated in large numbers to Israel. Over the next ten years, Israel absorbed approximately 900,000 immigrants from the former Soviet Union, an influx that equaled about twenty percent of the Israeli population. Most of these ne…
Return migration, human capital accumulation and the brain drain
Investment in Schooling and the Marriage Market
We present a model in which investment in schooling generates two kinds of returns: the labor-market return, resulting from higher wages, and a marriage-market return, defined as the impact of schooling on the marital surplus share one can extract. Men and women may have different incentives to invest in schooling because of different market wages or household roles. This asymmetry can yield a mixed equilibrium with some educated individuals marr…
Return Migration: Theory and Empirical Evidence from the UK
In this article, we discuss forms of migration that are non‐permanent. We focus on temporary migrations where the decision to return is taken by the immigrant. These migrations are likely to be frequent, and we provide some evidence for the UK. We then develop a simple model that rationalizes the decision of a migrant to return to his/her home country, despite a persistently higher wage in the host country. We consider three motives for a tempora…
Social status and economic performance
Match Quality, New Information, and Marital Dissolution
"This article investigates the role of surprises in marital dissolution [in the United States]. Surprises consists of changes in the predicted earning capacity of either spouse. Data from the National Longitudinal Study of the High School Class of 1972 is used. We find that an unexpected increase in the husband's earning capacity reduces the divorce hazard, while an unexpected increase in the wife's earning capacity raises the divorce hazard. Cou…
Uncertain Health and Survival: Effects on End-of-Life Consumption
This article analyzes the impact of health and survival uncertainty on the saving and consumption decisions of retirees. A dynamic programming approach is used to model the household's planning problem. The utility parameters are estimated using panel data. We find that a fall into poor health raises the marginal utility from consumption. Simulations are used to indicate the effects of falling into poor health and loss of spouse. They reveal a la…
Social Status, Education, and Growth
This paper investigates the implications of social rewards on the allocation of talent in society and consequently on the process of economic growth. The authors consider two sources of heterogeneity among workers: nonwage income and innate ability. A greater emphasis on status may induce the 'wrong' individuals, that is, those with low ability and high wealth, to acquire schooling, causing workers with high ability and low wealth to leave the gr…
Les economistes et la formation des couples. Le fonctionnement du mariage et du marche matrimonial
Weiss (Yoram). - The Economists and the Formation of Couples: the Working of Marriage and of marriage market This survey summarizes the main ideas that economists bring to the analysis of marriage and divorce. The new perspective of economists is that marriage, when viewed as a voluntary union of rational individuals, is subject to the same tools of analysis as other economic phenomena. In particular, economists rely heavily on the similitary bet…
Les économistes et la formation des couples. Le fonctionnement du mariage et du marché matrimonial
Weiss (Yoram). - Les économistes et la formation des couples : le fonctionnement du mariage et du marché matrimonial Cette étude résume les apports essentiels des économistes à l'analyse du mariage. La nouvelle perspective des économistes est que le mariage, lorsqu'il est considéré comme une union volontaire d'individus rationnels, relève des mêmes outils d'analyse que n'importe quel autre phénomène économique. En particulier, les économistes se …
Social Status, Culture and Economic Performance
Journal Article Social Status, Culture and Economic Performance Get access Chaim Fershtman, Chaim Fershtman Tel-Aviv University and Northwestern University Search for other works by this author on: Oxford Academic Google Scholar Yoram Weiss Yoram Weiss Tel-Aviv University and University of Chicago Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 103, Issue 419, 1 July 1993, Pages 946–959, https…
On the Stability of Occupational Rankings
A major puzzle for sociologists is how it can be that societies that differ vastly in their culture and economic circumstances maintain a similar ranking of occupations. Economists have identified a similar stability in the wage structure. The difference in pay of skilled and unskilled workers has been stable over time and is surprisingly similar in developed and undeveloped countries. This article contends that these two phenomena reflect the sa…
Academic Labor Markets and Careers
Children as Collective Goods and Divorce Settlements
The failure of many divorced fathers to comply with court-mandated child support awards has been identified as a major reason why a growing number of children live in poverty in female-headed households. This paper presents a model that seeks to explain why so many divorced fathers allow their children's welfare to suffer as a consequence of divorce. The point of departure is the recognition that children are collective consumption goods from the…
The Effect of Labor Unions on Investment in Training: A Dynamic Model
Job Matching with Finite Horizon and Risk Aversion
The consequences of introducing risk-averse workers with a known, finite retirement age into a simple job-matching framework are explored. The job-matching model includes two jobs. In the "primary" job, workers and firms learn about the worker's productivity by observing his output over time. In the "secondary" job, productivity of any worker is known with certainty at the outset. Workers start off in the primary job but, based on their observed …
Land improvements projects and land values: An addendum
Inequality Within and Between Families
Between-family differences in expenditures and output reflect the effect of simultaneous increases in children's ability on the willingness of parents to transfer resources to them. Within-family differences also reflect the attitudes of parents toward disparity among children. In this paper we characterize the conditions on parents' preferences that determine whether between-family differences exceed within-family differences. For additive utili…
Experience, Vintage, and Time Effects in the Growth of Earnings: American Scientists, 1960-1970
This paper is concerned with the growth of individual earnings over time. Four aspects of time are distinguished: experience, age, vintage and calendar year. The first section of the paper provides a brief outline of a theory of planned growth in earnings. The second and main section of the paper is devoted to an empirical attempt to estimate the role of experience, vintage and age on the growth in earnings and to separate these effects from exog…
Land improvement projects and land values
Human Capital and Labor Supply: A Synthesis
The joint determination of work and investment in human capital over the life cycle is analyzed. At low rates of impatience investment is decreasing throughout life, as in simpler models which assume hours of work to be fixed. The demand for leisure over the life cycle is "U shaped." Wages rise to a single peak which occurs after the peak in hours of work. Distinctly different patterns arise when the rate of impatience is high. Such individuals m…
The Role of Absolute and Relative Wage Differentials in the Choice of a Work Activity
Return migration, human capital accumulation and the brain drain
Social status and economic performance
Social Status, Culture and Economic Performance
Journal Article Social Status, Culture and Economic Performance Get access Chaim Fershtman, Chaim Fershtman Tel-Aviv University and Northwestern University Search for other works by this author on: Oxford Academic Google Scholar Yoram Weiss Yoram Weiss Tel-Aviv University and University of Chicago Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 103, Issue 419, 1 July 1993, Pages 946–959, https…
Social Status, Education, and Growth
This paper investigates the implications of social rewards on the allocation of talent in society and consequently on the process of economic growth. The authors consider two sources of heterogeneity among workers: nonwage income and innate ability. A greater emphasis on status may induce the 'wrong' individuals, that is, those with low ability and high wealth, to acquire schooling, causing workers with high ability and low wealth to leave the gr…
Changing the Rules Midway: The Impact of Granting Alimony Rights on Existing and Newly Formed Partnerships
This article analyses the effect of a reform granting alimony rights to cohabiting couples in Canada. A collective household model with a matching framework predicts that changes in alimony laws would affect existing couples and couples‐to‐be differently. For existing couples, it benefits the intended beneficiary but, for couples not yet formed, it generates offsetting intra‐household transfers and lower intra‐marital allocations for the benefici…
Human Capital and Labor Supply: A Synthesis
The joint determination of work and investment in human capital over the life cycle is analyzed. At low rates of impatience investment is decreasing throughout life, as in simpler models which assume hours of work to be fixed. The demand for leisure over the life cycle is "U shaped." Wages rise to a single peak which occurs after the peak in hours of work. Distinctly different patterns arise when the rate of impatience is high. Such individuals m…
Job Matching with Finite Horizon and Risk Aversion
The consequences of introducing risk-averse workers with a known, finite retirement age into a simple job-matching framework are explored. The job-matching model includes two jobs. In the "primary" job, workers and firms learn about the worker's productivity by observing his output over time. In the "secondary" job, productivity of any worker is known with certainty at the outset. Workers start off in the primary job but, based on their observed …
Land improvement projects and land values
Inequality Within and Between Families
Between-family differences in expenditures and output reflect the effect of simultaneous increases in children's ability on the willingness of parents to transfer resources to them. Within-family differences also reflect the attitudes of parents toward disparity among children. In this paper we characterize the conditions on parents' preferences that determine whether between-family differences exceed within-family differences. For additive utili…
The Risk Element in Occupational and Educational Choices
Land improvements projects and land values: An addendum
Experience, Vintage, and Time Effects in the Growth of Earnings: American Scientists, 1960-1970
This paper is concerned with the growth of individual earnings over time. Four aspects of time are distinguished: experience, age, vintage and calendar year. The first section of the paper provides a brief outline of a theory of planned growth in earnings. The second and main section of the paper is devoted to an empirical attempt to estimate the role of experience, vintage and age on the growth in earnings and to separate these effects from exog…
On the Optimal Lifetime Pattern of Labour Supply
Journal Article On the Optimal Lifetime Pattern of Labour Supply Get access Yoram Weiss Yoram Weiss Tel-Aviv University Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 82, Issue 328, 1 December 1972, Pages 1293–1315, https://doi.org/10.2307/2231307 Published: 01 December 1972
The Effect of Labor Unions on Investment in Training: A Dynamic Model
D iscussion P aper S eries
We construct a model of household decision-making in which agents consume a private and a public good, interpreted as children's welfare. Children's utility depend on their human capital, which is produced from parental time and human capital. We first show that as returns to human capital increase, couples at the top of the income distribution should spend more time on children. This in turn should reinforce assortative matching, in a sense we p…
The Risk Element in Occupational and Educational Choices
On the Optimal Lifetime Pattern of Labour Supply
Journal Article On the Optimal Lifetime Pattern of Labour Supply Get access Yoram Weiss Yoram Weiss Tel-Aviv University Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 82, Issue 328, 1 December 1972, Pages 1293–1315, https://doi.org/10.2307/2231307 Published: 01 December 1972
The Role of Absolute and Relative Wage Differentials in the Choice of a Work Activity
Land improvement projects and land values
Human Capital and Labor Supply: A Synthesis
The joint determination of work and investment in human capital over the life cycle is analyzed. At low rates of impatience investment is decreasing throughout life, as in simpler models which assume hours of work to be fixed. The demand for leisure over the life cycle is "U shaped." Wages rise to a single peak which occurs after the peak in hours of work. Distinctly different patterns arise when the rate of impatience is high. Such individuals m…
Experience, Vintage, and Time Effects in the Growth of Earnings: American Scientists, 1960-1970
This paper is concerned with the growth of individual earnings over time. Four aspects of time are distinguished: experience, age, vintage and calendar year. The first section of the paper provides a brief outline of a theory of planned growth in earnings. The second and main section of the paper is devoted to an empirical attempt to estimate the role of experience, vintage and age on the growth in earnings and to separate these effects from exog…
Land improvements projects and land values: An addendum
Inequality Within and Between Families
Between-family differences in expenditures and output reflect the effect of simultaneous increases in children's ability on the willingness of parents to transfer resources to them. Within-family differences also reflect the attitudes of parents toward disparity among children. In this paper we characterize the conditions on parents' preferences that determine whether between-family differences exceed within-family differences. For additive utili…
Job Matching with Finite Horizon and Risk Aversion
The consequences of introducing risk-averse workers with a known, finite retirement age into a simple job-matching framework are explored. The job-matching model includes two jobs. In the "primary" job, workers and firms learn about the worker's productivity by observing his output over time. In the "secondary" job, productivity of any worker is known with certainty at the outset. Workers start off in the primary job but, based on their observed …
Children as Collective Goods and Divorce Settlements
The failure of many divorced fathers to comply with court-mandated child support awards has been identified as a major reason why a growing number of children live in poverty in female-headed households. This paper presents a model that seeks to explain why so many divorced fathers allow their children's welfare to suffer as a consequence of divorce. The point of departure is the recognition that children are collective consumption goods from the…
The Effect of Labor Unions on Investment in Training: A Dynamic Model
Academic Labor Markets and Careers
On the Stability of Occupational Rankings
A major puzzle for sociologists is how it can be that societies that differ vastly in their culture and economic circumstances maintain a similar ranking of occupations. Economists have identified a similar stability in the wage structure. The difference in pay of skilled and unskilled workers has been stable over time and is surprisingly similar in developed and undeveloped countries. This article contends that these two phenomena reflect the sa…
Social Status, Culture and Economic Performance
Journal Article Social Status, Culture and Economic Performance Get access Chaim Fershtman, Chaim Fershtman Tel-Aviv University and Northwestern University Search for other works by this author on: Oxford Academic Google Scholar Yoram Weiss Yoram Weiss Tel-Aviv University and University of Chicago Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 103, Issue 419, 1 July 1993, Pages 946–959, https…
Les economistes et la formation des couples. Le fonctionnement du mariage et du marche matrimonial
Weiss (Yoram). - The Economists and the Formation of Couples: the Working of Marriage and of marriage market This survey summarizes the main ideas that economists bring to the analysis of marriage and divorce. The new perspective of economists is that marriage, when viewed as a voluntary union of rational individuals, is subject to the same tools of analysis as other economic phenomena. In particular, economists rely heavily on the similitary bet…
Les économistes et la formation des couples. Le fonctionnement du mariage et du marché matrimonial
Weiss (Yoram). - Les économistes et la formation des couples : le fonctionnement du mariage et du marché matrimonial Cette étude résume les apports essentiels des économistes à l'analyse du mariage. La nouvelle perspective des économistes est que le mariage, lorsqu'il est considéré comme une union volontaire d'individus rationnels, relève des mêmes outils d'analyse que n'importe quel autre phénomène économique. En particulier, les économistes se …
Social Status, Education, and Growth
This paper investigates the implications of social rewards on the allocation of talent in society and consequently on the process of economic growth. The authors consider two sources of heterogeneity among workers: nonwage income and innate ability. A greater emphasis on status may induce the 'wrong' individuals, that is, those with low ability and high wealth, to acquire schooling, causing workers with high ability and low wealth to leave the gr…
Match Quality, New Information, and Marital Dissolution
"This article investigates the role of surprises in marital dissolution [in the United States]. Surprises consists of changes in the predicted earning capacity of either spouse. Data from the National Longitudinal Study of the High School Class of 1972 is used. We find that an unexpected increase in the husband's earning capacity reduces the divorce hazard, while an unexpected increase in the wife's earning capacity raises the divorce hazard. Cou…
Uncertain Health and Survival: Effects on End-of-Life Consumption
This article analyzes the impact of health and survival uncertainty on the saving and consumption decisions of retirees. A dynamic programming approach is used to model the household's planning problem. The utility parameters are estimated using panel data. We find that a fall into poor health raises the marginal utility from consumption. Simulations are used to indicate the effects of falling into poor health and loss of spouse. They reveal a la…
Social status and economic performance
Return Migration: Theory and Empirical Evidence from the UK
In this article, we discuss forms of migration that are non‐permanent. We focus on temporary migrations where the decision to return is taken by the immigrant. These migrations are likely to be frequent, and we provide some evidence for the UK. We then develop a simple model that rationalizes the decision of a migrant to return to his/her home country, despite a persistently higher wage in the host country. We consider three motives for a tempora…
Investment in Schooling and the Marriage Market
We present a model in which investment in schooling generates two kinds of returns: the labor-market return, resulting from higher wages, and a marriage-market return, defined as the impact of schooling on the marital surplus share one can extract. Men and women may have different incentives to invest in schooling because of different market wages or household roles. This asymmetry can yield a mixed equilibrium with some educated individuals marr…
Return migration, human capital accumulation and the brain drain
Immigration and Labor Market Mobility in Israel, 1990 to 2009
A study of the labor market integration of highly skilled Soviet immigrants to Israel that formulates dynamic models of job search and human capital investment. After the collapse of the Soviet Union in 1989, Soviet Jews emigrated in large numbers to Israel. Over the next ten years, Israel absorbed approximately 900,000 immigrants from the former Soviet Union, an influx that equaled about twenty percent of the Israeli population. Most of these ne…
Economics (22 works) · Labour economics (14 works) · Political science (13 works) · Gender, Labor, and Family Dynamics (11 works) · Demographic economics (10 works) · Sociology (9 works) · Computer Science (7 works) · Law (7 works) · Labor market dynamics and wage inequality (6 works) · Mathematics (6 works)