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Name
Research Papers in Economics
Type
Thematic Repository
Items
775328 Publications
Compatibility
OpenAIRE Basic (DRIVER OA)
OAI-PMH
http://oai.repec.openlib.org/
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Detailed data provider information (OpenDOAR)

 

  • Wage discrimination and partial compliance with the minimum wage law

    Yang-Ming Chang; Bhavneet Walia (2007)
    This paper presents a simple model to characterize the discriminatory behavior of a non-complying firm in a minimum-wage economy. In the analysis, the violating firm pays one “favored†group of workers the statutory minimum and the other “non-favored†group of workers a sub-minimum. We find conditions under which law enforcement is ineffective in improving the between-group wage differentials. We show that an increase in the minimum wage raises the sub-minimum wage and employment of wor...

    Household Food Expenditures across Income Groups: Do Poor Households Spend Differently than Rich Ones?

    King, Robert P.; Damon, Amy L.; Leibtag, Ephraim S. (2006)
    The Life Cycle - Permanent Income Hypotheses (LCPIH) suggests that the timing of an income payment or government transfer should have no effect on the expenditures of the recipient. In this paper we test the LCPIH against a dynamic model of household consumption which predicts clustered food expenditure. We use data from 7,013 households in fifty-two urban and peri-urban markets throughout the United States containing detailed daily expenditure data collected by ACNielsen Homescan for 2003. S...

    VALUE OF SOCIAL CAPITAL TO MID-SIZED NORTHERN PLAINS FARMS

    Gustafson, Cole R. (2004)
    As farms increase in size, operators often face the difficult decision of remaining loyal to local merchants or obtaining volume discounts from more distant input suppliers. When farmers bypass local merchants and buy inputs in volume from a wholesaler, they often realize a price discount but forego many services including credit forebearance. In essence, when farmers buy locally, they pay higher prices, which decreases profits and increases financial risk, but generates social capital which ...

    Estimating the Costs of MPCI Under the 1994 Crop Insurance Reform Act

    Chad E. Hart; Darnell B. Smith (1996)
    The 1994 Crop Insurance Reform Act addressed two major problems of MPCI (multiple peril crop insurance): low participation and additional disaster assistance. In this study, total government costs for the FCIC (Federal Crop Insurance Corporation) and MPCI are estimated to be more than $2 billion, on average, from 1996 to 2003, with half of this amount being in the form of premium subsidies paid by the government.

    Inferring conduct under the threat of entry: the case of the Brazilian cement industry

    Alberto Salvo (2004)
    This paper demonstrates that when an industry faces potential entry and this threat of entry constrains pre-entry prices, cost and conduct are not identified from the comparative statics of equilibrium. In such a setting, the identifying assumption behind the well-established technique of relying on exogenous demand perturbations to empirically distinguish between alternative hypotheses of conduct is shown to fail. The Brazilian cement industry, where the threat of imports restrains market ou...
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