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Encyclopedia > David Card
Economist David Card
Economist David Card
For other uses, see David Card (disambiguation).

David Card is a labor economist and professor at the University of California, Berkeley. Image File history File links David_Card. ... Image File history File links David_Card. ... David Card could refer to: David Card - labor economist David Card - Oregon businessman Category: ... Paul Samuelson, Nobel Prize in Economics winner. ... A professor giving a lecture The meaning of the word professor (Latin: one who claims publicly to be an expert) varies. ... The University of California, Berkeley (also known as UC Berkeley, Berkeley, Cal, and by other names, see below) is the oldest and flagship campus of the ten-campus University of California system. ...


Card earned his B.A. from Queen's University in 1978 and his Ph.D. in Economics in 1983 from Princeton University. A Bachelor of Arts (B.A. or A.B.) is an undergraduate academic degree awarded for a course or program in the arts and/or sciences. ... Queens University, generally referred to simply as Queens, is a coeducational, non-sectarian, research-intensive university located in Kingston, Ontario, Canada. ... Doctor of Philosophy (Ph. ... Face-to-face trading interactions among on the New York Stock Exchange trading floor Economics or oeconomics is the study of human choice behaviour. ... Princeton University is a coeducational private university located in Princeton, New Jersey in the United States of America. ...


From 1988 to 1992, Card was Associate Editor of the Journal of Labor Economics and from 1993 to 1997, he was co-editor of Econometrica. He won the John Bates Clark Medal in 1995. Editing is the process of preparing language, images, or sound for presentation through correction, condensation, organization, and other modifications. ... Econometrica is a prestigious academic journal of economics, publishing articles in not only econometrics but in many areas of economics. ... The John Bates Clark Medal is awarded biannually by the American Economic Association to that American economist under the age of forty who is adjudged to have made a significant contribution to economic thought and knowledge. Named after the American Neoclassical economist John Bates Clark (1847-1938), it is considered...


In the early 1990s, Card received much attention for his finding, together with his then Princeton University colleague Alan Krueger that, contrary to widely accepted beliefs among economists, the minimum wage increase in New Jersey did not result in job reduction of fast food companies in that state[1]. While this claim has been disputed by some (see minimum wage for discussion), many economists, including Nobel prize winners, accept Card and Krueger's findings [2] Princeton University is a coeducational private university located in Princeton, New Jersey in the United States of America. ... The minimum wage is the minimum rate a worker can legally be paid (usually per hour) as opposed to wages that are determined by the forces of supply and demand in a free market. ... Official language(s) None, English de facto Capital Trenton Largest city Newark Area  Ranked 47th  - Total 8,729 sq mi (22,608 km²)  - Width 70 miles (110 km)  - Length 150 miles (240 km)  - % water 14. ... Fast food is food prepared and served quickly at a fast-food restaurant or shop at low cost. ... The minimum wage is the minimum rate a worker can legally be paid (usually per hour) as opposed to wages that are determined by the forces of supply and demand in a free market. ...


David Card has also made fundamental contributions to research on immigration[3], education[4], job training and inequality. Much of Card's work centers around a comparison between the United States and Canada in various situations. On immigration, Card's research has shown that the economic impact of new immigrants is minimal. Card has done several case studies on the rapid assimilation of immigrant groups, finding that they have little or no impact on wages. In an interview with the New York Times, Card said, "I honestly think the economic arguments [against immigration] are second order. They are almost irrelevant." [5] This does not imply, however, that Card believes immigration should be increased, merely that immigrants do not pose a threat to the labor market. The New York Times is an internationally known daily newspaper published in New York City and distributed in the United States and many other nations worldwide. ...


Despite the fact that Card sometimes researches issues with strong political implications, he does not publicly take a stand on political issues or make policy suggestions. Nevertheless, pundits and politicians on the left and right have cited him in support of increased immigration and a living wage. Living wage refers to the minimum hourly wage necessary for a person to achieve a basic standard of living. ...


References

  1. ^ Myth and Measurement: The New Economics of the Minimum Wage, with Alan B. Kruger, Princeton University Press, 1997. (ISBN 0-691-04823-1)
  2. ^ Jozeph Stiglitz (2002). Employment, social justice and societal well-being International Labour Review, 141 (1-2), p. 9 - 29.
  3. ^ Card, David. "Is the new immigration really so bad?", Federal Reserve Bank of Philadelphia.
  4. ^ Card, David. "Is it worth it to go to college?"
  5. ^ "The Immigration Equation" by Roger Lowenstein. The New York Times Magazine, July 9, 2006

External links


  Results from FactBites:
 
David Card (143 words)
David Card’s research activities over the past year can be divided into several areas.
In the immigration area, he completed a joint paper that compares the U.S. born adult children of immigrants in the mid-1990s with similar “second generation” individuals in 1940 and 1970.
In a chapter in the forthcoming Handbook of Economics, Professor Card presents a review of recent research on the payoffs to education, and proposes a series of economic models that are useful in interpreting and synthesizing this research.
  More results at FactBites »


 
 

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