Estimating the Effects of Minimum Wage
|
|
- Ginger Gardner
- 5 years ago
- Views:
Transcription
1 Estimating the Effects of Minimum Wage on Employment and Inequality: Evidence from Taiwan Lu, Chyi-Horng Economics, NTU Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
2 1. Abstract 2. Literature and Contribution 3. Backgrounds and Data Source 4. Methods and Data Processing 5. Estimated Results 6. Transition 7. Firm Adjustments 8. Primary Conclusion and Future Work Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
3 1. Abstract Abstract Methods Using monthly administrative data from Taiwanese mandatory employment insurance. Combining RDD and DD to estimate the effect of minimum wage Results Why? increase in July Positive wage effect but no employment effect to full-time workers. Decreasing the wage gap but no evidence to prove wage spillover effect. Influence was moderate. Firms bore the cost and the higher occupational injury rate represents that firms may cut down other expenditure or raise labor productivity. Turnover rate was decreased, so the shock could be mitigated. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
4 2. Literature and Contribution Literature The Employment Effects Would be Small The reasons may be monopsony, shock effect, two-sector change, heterogeneous workers and lagged adjustment (Brown, Gilroy, and Kohen 1982). Effects Close to 0 or Really Small Doucouliagos and Stanley (2009) did meta-analysis by using 64 US empirical papers (39 of them focus on teenagers and others focus on specific groups of people). Existing publication selection bias for adverse employment effects. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
5 2. Literature and Contribution Literature Figure: Meta-Analysis of Estimated Employment Effects of Minimum Wage in US Source: Doucouliagos and Stanley (2009) Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
6 2. Literature and Contribution Literature Still Controversy The Approach: Using approach of difference-in-difference with controlling the state-specific trends leads to no effect (Arindrajit, Dube, Reich, and Zipperer 2017). But it may exclude the real effect (Neumark and Wascher 2017). The Target: Why Teenagers? The importance to study the effect on teenagers is decreasing (Manning 2016). Beyond The Employment Effect Reduceing the wage gap with possibly fewer spillover effects than the findings of Lee (1999) (Autor, Manning and Smith 2016) A conclusive answer would require better wage data, ideally administrative payroll data Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
7 2. Literature and Contribution Contribution Using administrative data of insured wage Estimating the effects on people who were actually affected by the minimum wage increase. Observing the wage spillover effects. Generating a matched employer-employee dataset to find the firm s adjustments. Combining the approaches of regression discontinuity design and difference-in-difference Avoiding endogenous problems and the controversy question raised by using DD. To my knowledge, it s the first study that used the RD approach to estimate the minimum wage effect. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
8 3. Backgrounds and Data Source Minimum Wage Increase in Taiwan Figure: The Minimum Wage Increase in Taiwan Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
9 3. Backgrounds and Data Source Minimum Wage Increase in Taiwan Minimum wage increase in July 2007 The hourly minimum wage was increased from NT. 66 to 95, which is about 44%. The monthly minimum wage was increased from NT. 15,840 to 17,280, which is about 9%. The previous time of change is in 1997 and the next time is in Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
10 3. Backgrounds and Data Source Data Source Employment Insurance It s operated by government. It is mandatory for employers to have their employees joined into the insurance. Monthly Insured wage set by levels Before July 2007: NT. (11,100, 12,300, 13,500), 15,840, 16,500, 17,400, 18,300, 19, After July 2007: NT. (11,100, 12,105, 12,300, 13,500), 17,280, 17,400, 18,300, 19, Insured wage is close to and not less to the actual wage. For example, if your actual wage is 17,000, then your insured wage should be 17,400. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
11 3. Backgrounds and Data Source Data Source Identify Full-Time Workers Were 15,840 or 16,500: Affected Were 17,400: Not Sure Were 18,300 or higher: Not Affected Difficulty for Identifying Part-Time Workers Can know who is part-time worker. But, no information of working hours or hourly wages. Risk Insured wage may be lower than the actual wage. Still have to pay more insurance fee and pension contribution for the full-time workers, which is about 15% of the increase amount ((17,280-15,840)*15%=216). Confirming by using the data from Survey of Family Income and Expenditure Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
12 3. Backgrounds and Data Source Data Source Monthly Insured File from 2004 to 2010: Variables include individual s insured wage, full-time or part-time, birth year, sex and the identification of their institution. However, there is no records of working hours or hourly wages. Institutional File: Variables include institution s category, industry, and area. Only keeping industrial workers, workers of commercial firms and shops, or employees in journalistic, cultural, nonprofit organizations or cooperative enterprises. Excluding employees in government agencies and schools, workers employed in fishing production, and the category of others. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
13 3. Backgrounds and Data Source Proportion of Workers Affected by Monthly Minimum Wage Increase (a) Male (b) Female Figure: Prop. of Full Time Workers Affected by Next Minimum Wage Increase Note: Prop. of the affected = Prop. of workers who have wages below the next minimum wage Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
14 3. Backgrounds and Data Source Proportion of Workers Affected by Hourly Minimum Wage Increase (a) Male (b) Female Figure: Prop. of Part Time Workers to Total Workers Note: Since we don t have information of working hours nor hourly wages, every part-time worker could be affected by the hourly minimum wage increase. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
15 3. Backgrounds and Data Source Distribution Around July 2007 Full-Time Workers (a) Male (b) Female Figure: Number of Full-Time Workers with Insured Wages not above 17,400 Note: Since the policy change would only raise lower wages to 17,280, so the number of employees with insured wage equal to and below 17,400 should have no change if the policy has no effect. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
16 3. Backgrounds and Data Source Distribution Around July 2007 Part-Time Workers (a) Male (b) Female Figure: Number of Part Time Workers with Insured Wages not above 17,400 Note: Due to the working hours regulation, which was 168 hours for 4 weeks, it s rare that part-time workers who earned hourly minimum wage can have a monthly wage higher than 15,960 which is less than 17,400. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
17 4. Methods and Data Processing Research Methods Question: Did the minimum wage increase in July 2007 have any employment or wage effect on low-paid, full-time workers? Was there any spillover effect? The ratio of minimum wage increase is obvious. The effects would be isolated from other minimum wage adjustments. Setting Low-Paid Group (Treatment): People who had insured wage lower than 17,280 in Jan Relatively High-Paid group (Control): People who had insured wage of Strategy 18,300 in Jan ,300 is the smallest level which would definitely not be affected by the minimum wage increase. First, using regression discontinuity design to see the employment change of the low-paid group by taking time as the running variable. Second, using the relatively high-paid group to fix unobservable trends. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
18 4. Methods and Data Processing Data Processing Individual Level Age limit for female is 22 to 54 and 24 to 54 for male in Jan By the definition above, the treatment group has 926 thousand people in it and the control group has 144 thousand people. The sex, age, area, and industry ratio are as follows: Treatment: more than 65% is female; Control: only 53% Treatment: 15% is less than aged 25; Control: only 8% Treatment: 65% is out of Taipei or New Taipei City; Control: only 60% Treatment: 55% is in service sector; Control: only 50% Balanced Panel: Tracing the employment and wage changes of the same Firm Level people in the treatment and control groups from 2004 to Observing the whole existing firms. There are 370 to 440 thousands of firms during 2004 to Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
19 4. Methods and Data Processing Model Regression Discontinuity Design y it = α 0 + α 1 D it + α 2 T ime t + α 3 (D it T ime t ) + θx i + ɛ it y it : Dummy variable of employment & nominal insured wage, which is equal to 0 if not being employed. D it : Dummy variable equal to 1 if observations is on the right hand side of 1/July/2007 and equal to 0 otherwise T ime t : Counted by the number of months before or after 1/July/2007. Since the data is from the end of the month, so the month of June 2007 is set as 0. X i : Other characteristics Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
20 4. Methods and Data Processing Model Regression Discontinuity Design & Difference-In-Difference y it = β 0 + β 1 (D it T reat i ) + β 2 D it + β 3 T reat i + β 4 T ime t + β 5 (D it T ime t ) + β 6 (T reat i T ime t ) + β 7 (D it T reat i T ime t ) + θx i + ɛ it T reat i : Dummy variable equal to 1 if observation is in the treatment group and equal to 0 otherwise Under the setting above, observations should include both treatment and control groups. Regression Discontinuity Design of Difference y control t y treat it = γ 0 + γ 1 D it + γ 2 T ime t + γ 3 (D it T ime t ) + θx i + ɛ it Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
21 4. Methods and Data Processing Expected Wage Effects The average nominal wage is equal to: w t = R R R R 3 wt h R 0 to R 3 are proportions of people with different insured wages. 0 means not being employed. wt h means the whole insured wages not less than the new minimum wage. Assume there s only time trend w t+1 w t = T rend = e T w t + (1 + e T ) w T e T : Employment changes caused by time trend; w T : Nominal wage changes caused by time trend. Assume the wage effects of time trend are proportionally distributed to every wage level, then w T = R 1 w T w t R 2 w T w t R 3 w T w t w h t Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
22 4. Methods and Data Processing Expected Wage Effects Assume there s only policy effect w t+1 w t = R [ e 1 R mw R 1+R e 2 R mw R 1+R ]+(R 1 + e 1 mw R 1+R 2 )(17280 R 15840) + (R 2 + e 2 mw R 1+R 2 )( ) + R 3 (wt h w h t ) e mw : Employment effect of minimum wage increase wt h : Wage of people not affected by minimum wage increase after July 2007 Combining the time trend and policy effect w t+1 w t = e T w t + (1 + e T ){[ e mw R 1 R 1+R e mw R 2 R 1+R ]+(R 1 + e mw R 1 R 1+R 2 ) max{( w T 15840)} + (R 2 + e mw R 2 R 1+R 2 ) max{( w T 16500)} + R 3 max{( w T w t w t 15840), (17280 w t 16500), (17280 wt h ), (wt h w h t )}} Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
23 4. Methods and Data Processing Expected Wage Effects The expected policy effect w mw = (1 + e T ){[ e mw 17280] + [R 1 ( w T w t 15840) + R 2 ( w T w t 16500)]+ [R 3 (wt h w h t w T w t wt h )]} Spillover or not If there re positive spillover effects, then the estimated wage effects should be larger than the summation of the employment (red) and the wage increase effect (blue) on the low-paid workers. Otherwise, if the estimated results are not larger, then there s no positive spillover effect. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
24 4. Methods and Data Processing Expected Wage Effects (Control-Treatment) Difference of wage change Assume there s small difference of employment change and wage change caused by time trend between the two group of people, then the difference of wage effect caused by minimum wage increase could be simplified to: wmw c wmw t (1 + e T ){[( e c mw e t mw) 17280] + [(R1 c R1)(17280 t ratio T 15840)] + [(R2 c R2)(17280 t ratio T 16500)] + [(R3 c R3(w t t h w h t ratio T wt h )]} Spillover or not Under the assumption of no spillover effect, the estimated effect should be negative (the wage gap decreases). If there re spillover effects, then the estimated effects should be larger (less negative) than expected results. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
25 5. Estimated Results Description Figure: Description of Variables in Treatment Group Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
26 5. Estimated Results Description Figure: Description of Dependent variables (Control-Treatment) Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
27 5. Estimated Results Trends of Variables(Treatment Group) (a) Male (b) Female Figure: Prop. of People with Insured Wages Not Less Than 17,280 in Treatment Group Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
28 5. Estimated Results Trends of Variables(Treatment Group) (a) Male (b) Female Figure: Employment Ratio in Treatment Group Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
29 5. Estimated Results Trends of Variables(Treatment Group) (a) Male (b) Female Figure: Average Nominal Wage in Treatment Group Note: Nominal wage is set as 0 if not being employed. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
30 5. Estimated Results Trends of Variables(Control Group) (a) Male (b) Female Figure: Prop. of People with Insured Wages Not Less Than 17,280 in Treatment Group Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
31 5. Estimated Results Trends of Variables(Treatment Group) (a) Male (b) Female Figure: Employment Ratio in Treatment Group Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
32 5. Estimated Results Trends of Variables(Treatment Group) (a) Male (b) Female Figure: Average Nominal Wage in Treatment Group Note: Nominal wage is set as 0 if not being employed. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
33 5. Estimated Results Trends of Variables (Control-Treatment) (a) Male (b) Female Figure: Difference of Prop. of Non-Binding between Two Groups Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
34 5. Estimated Results Trends of Variables (Control-Treatment) (a) Male (b) Female Figure: Difference of Employment Ratio between Two Groups Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
35 5. Estimated Results Trends of Variables (Control-Treatment) (a) Male (b) Female Figure: Difference of Average Nominal Wage between Two Groups Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
36 5. Estimated Results Estimated Results Figure: Estimated results of Male in the Treatment Group Note: MSE = Mean Square Error optimal bandwidth; CER = Coverage Error-Rate optimal bandwidths Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
37 5. Estimated Results Estimated Results Figure: Estimated results of Female in the Treatment Group Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
38 5. Estimated Results Estimated Results (Control-Treatment) Figure: Estimated results of Male Between the Two Groups Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
39 5. Estimated Results Estimated Results (Control-Treatment) Figure: Estimated results of Female Between the Two Groups Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
40 5. Estimated Results Heterogeneity and Robustness Heterogeneity Estimation: Scale: In firms with employment 100 no effect; with employment 30 wage effect. Industry: Wholesale and Retail, Non-Service Sector wage effect; Restaurant no effect to male but wage effect to female. Age: Age (in 2004) 30 or 50 wage effect. Area: Taipei, Non-Taipei wage effect. Robustness Check: Sample selection: using individuals having low wages during Jan to Mar The results are similar. No treatment effect? Survey of Family Income and Expenditure: In 2007, the lowest 3 deciles of household had increased disposable income relative to other deciles of households except for the highest one. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
41 5. Estimated Results Household Income Figure: Disposable Income of Households Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
42 6. Transition Transition Matrix 1 (Control-Treatment) (a) Male (b) Female Figure: Full-Time to Full-Time (Difference) Note: Increasing means probabilities in the control group are larger than ones in the treatment group. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
43 6. Transition Transition Matrix 2 (Control-Treatment) (a) Male (b) Female Figure: Full-Time to Part-Time (Difference) Note: Decreasing means probabilities in the treatment group are larger than ones in the control group. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
44 6. Transition Transition Matrix 3 (Control-Treatment) (a) Male (b) Female Figure: Full-Time to Unemployed (Difference) Note: Decreasing means probabilities in the treatment group are larger than ones in the control group. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
45 6. Transition Transition Matrix 4 (Control-Treatment) (a) Male (b) Female Figure: Part-Time to Full-Time (Difference) Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
46 6. Transition Transition Matrix 5 (Control-Treatment) (a) Male (b) Female Figure: Part-Time to Part-Time (Difference) Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
47 6. Transition Transition Matrix 6 (Control-Treatment) (a) Male (b) Female Figure: Part-Time to Unemployed (Difference) Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
48 6. Transition Transition Matrix 7 (Control-Treatment) (a) Male (b) Female Figure: Unemployed to Full-Time (Difference) Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
49 6. Transition Transition Matrix 8 (Control-Treatment) (a) Male (b) Female Figure: Unemployed to Part-Time (Difference) Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
50 6. Transition Transition Matrix 9 (Control-Treatment) (a) Male (b) Female Figure: Unemployed to Unemployed (Difference) Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
51 7. Firm Adjustments Description Figure: Description of Variables of Firms Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
52 7. Firm Adjustments Figure: Description of Small Firms (with Employees < 30 in the First Place during Sample Period) Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63 Description
53 7. Firm Adjustments Trends of Variables (Small Firms) Figure: Non-Binding Ratio of Firms Figure: Firms Density Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
54 7. Firm Adjustments Trends of Variables (Small Firms) Figure: Prop. of Firms in Service Sector Figure: Prop. of Firms in Taipei or New Taipei City Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
55 7. Firm Adjustments Trends of Variables (Small Firms) Figure: Full-Time Employment in A Firm Figure: Average Wage of Full-Time Workers in A Firm Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
56 7. Firm Adjustments Trends of Variables (Small Firms) Figure: Employment of Full-Time Figure: Average Wage of Full-Time Workers with Wage 18, 300 in A Firm Workers with Wage 18, 300 in A Firm Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
57 7. Firm Adjustments Trends of Variables (Small Firms) Figure: Total Insured Wages of Full-Time Workers in A Firm Figure: Total Insured Wages in A Firm Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
58 7. Firm Adjustments Trends of Variables (Small Firms) Figure: Separation Rate of Full-Time Workers in A Firm Figure: New Hiring Rate of Full-Time Workers in A Firm Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
59 7. Firm Adjustments Trends of Variables (Small Firms) Figure: Occupational Injury Rate in A Firm Figure: Ordinary Injury Rate in A Firm Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
60 7. Firm Adjustments Estimated Results (Small Firms without data in July & Aug.) Figure: Estimated Results of Small Firms Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
61 7. Firm Adjustments Estimated Results (Small Firms without data in July & Aug.) Figure: Estimated Results of Small Firms Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
62 7. Firm Adjustments Estimated Results (Small Firms without data in July & Aug.) Figure: Estimated Results of Small Firms Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
63 8. Primary Conclusion and Future Work Primary Conclusion and Future Work The effects of minimum wage increase in July 2007 Having positive wage effect but no significant employment effect to full-time workers. It decreased the wage gap, but no evidence proves spillover effects. Mechanism Low-paid, full-time, and female workers may lose jobs but the effect was too moderate. Firms bore the cost. Turnover rate was decreased. Firms may cut down other expenditure or push employees to work more which lead to higher occupational injury rate. Future Works The effects on part-time workers. Other firm s adjustments. Lu, Chyi-Horng (Economics, NTU) Estimating the Effects of Minimum Wage / 63
The Effect of Minimum Wages on Low-Wage Jobs: Evidence from the United States Using a Bunching Estimator
The Effect of Minimum Wages on Low-Wage Jobs: Evidence from the United States Using a Bunching Estimator Doruk Cengiz (Umass Amherst) Arindrajit Dube (Umass Amherst, IZA) Attila Lindner (UCL, CEP, IFS,
More informationDoes Minimum Wage Lower Employment for Teen Workers? Kevin Edwards. Abstract
Does Minimum Wage Lower Employment for Teen Workers? Kevin Edwards Abstract This paper will look at the effect that the state and federal minimum wage increases between 2006 and 2010 had on the employment
More informationThe Impact of a $15 Minimum Wage on Hunger in America
The Impact of a $15 Minimum Wage on Hunger in America Appendix A: Theoretical Model SEPTEMBER 1, 2016 WILLIAM M. RODGERS III Since I only observe the outcome of whether the household nutritional level
More informationNúria Rodríguez-Planas, City University of New York, Queens College, and IZA (with Daniel Fernández Kranz, IE Business School)
Núria Rodríguez-Planas, City University of New York, Queens College, and IZA (with Daniel Fernández Kranz, IE Business School) Aim at protecting and granting rights to working mothers (fathers) However,
More informationII. Labour Demand. 3. Effect of Minimum Wages on Employment. 1. Overview: Perfect Competition vs. Monopsony. 2. DID Estimates
II. Labour Demand 3. Effect of Minimum Wages on Employment. Overview: Perfect Competition vs. Monopsony 2. DID Estimates 3. Time-Series/Cross-Jurisdictional Studies (not covered, to be discussed in the
More informationFinancial Innovation and Borrowers: Evidence from Peer-to-Peer Lending
Financial Innovation and Borrowers: Evidence from Peer-to-Peer Lending Tetyana Balyuk BdF-TSE Conference November 12, 2018 Research Question Motivation Motivation Imperfections in consumer credit market
More informationAdjustment Costs and Incentives to Work: Evidence from a Disability Insurance Program
Adjustment Costs and Incentives to Work: Evidence from a Disability Insurance Program Arezou Zaresani Research Fellow Melbourne Institute of Applied Economics and Social Research University of Melbourne
More information1 Introduction. Domonkos F Vamossy. Whitworth University, United States
Proceedings of FIKUSZ 14 Symposium for Young Researchers, 2014, 285-292 pp The Author(s). Conference Proceedings compilation Obuda University Keleti Faculty of Business and Management 2014. Published by
More informationTHE IMPACT OF MINIMUM WAGE INCREASES BETWEEN 2007 AND 2009 ON TEEN EMPLOYMENT
THE IMPACT OF MINIMUM WAGE INCREASES BETWEEN 2007 AND 2009 ON TEEN EMPLOYMENT A Thesis submitted to the Faculty of the Graduate School of Arts and Sciences of Georgetown University in partial fulfillment
More informationThe Minimum Wage, Turnover, and the Shape of the Wage Distribution
The Minimum Wage, Turnover, and the Shape of the Wage Distribution Pierre Brochu David A. Green Thomas Lemieux James Townsend January 6 2018 Introduction In recent years, the minimum policy has played
More informationThe effects of minimum wage. policy on the long-term care. sector. Florin Vadean and Stephen Allan. Personal Social Services Research Unit
The effects of minimum wage policy on the long-term care sector Florin Vadean and Stephen Allan University of Kent Personal Social Services Research Unit University of Kent PSSRU Discussion Paper 2932
More informationII. Labour Demand. 2. Effect of Minimum Wages on Employment. 1. Overview: Perfect Competition vs. Monopsony. 2. DID Estimates
II. Labour Demand 2. Effect of Minimum Wages on Employment. Overview: Perfect Competition vs. Monopsony 2. DID Estimates 3. Time-Series/Cross-Jurisdictional Studies 3.. Overview The textbook model, due
More informationAre Early Stage Investors Biased Against Women?
Are Early Stage Investors Biased Against Women? Ewens & Townsend University of North Carolina at Chapel Hill & NBER NBER Entrepreneurship Working Group Meeting, December 2017 Discussion: Are Early Stage
More informationEffect of Minimum Wage on Household and Education
1 Effect of Minimum Wage on Household and Education 1. Research Question I am planning to investigate the potential effect of minimum wage policy on education, particularly through the perspective of household.
More informationSarah K. Burns James P. Ziliak. November 2013
Sarah K. Burns James P. Ziliak November 2013 Well known that policymakers face important tradeoffs between equity and efficiency in the design of the tax system The issue we address in this paper informs
More informationThe Effect of the Minimum Wage on the Employment Rate in Canada, by Eliana Shumakova ( ) Major Paper presented to the
The Effect of the Minimum Wage on the Employment Rate in Canada, 1979 2016 by Eliana Shumakova (8494088) Major Paper presented to the Department of Economics of the University of Ottawa in partial fulfillment
More informationBeyond Labor Market Outcomes: The Impact of the Minimum Wage on Nondurable Consumption
Beyond Labor Market Outcomes: The Impact of the Minimum Wage on Nondurable Consumption Cristian Alonso First Version: October 2015 This Version: June 2016 Abstract How effective is the minimum wage at
More informationEconomic Effects of a Minimum-Wage Increase in Japan: Panel Data Analysis Yoshio Higuchi, Kazuma Sato and Toru Kobayashi
Discussion Paper No. 2011-003 Economic Effects of a Minimum-Wage Increase in Japan: Panel Data Analysis Yoshio Higuchi, Kazuma Sato and Toru Kobayashi Economic Effects of a Minimum-Wage Increase in Japan:
More informationPrivate Pensions, Retirement Wealth and Lifetime Earnings FESAMES 2009
Private Pensions, Retirement Wealth and Lifetime Earnings Jim MacGee UWO Jie Zhou NTU FESAMES 2009 2 Question How do private pension plans impact the distribution of retirement wealth? Can incorporating
More informationThe Effect of the Minimum Wage on Hours of Work
The Effect of the Minimum Wage on Hours of Work Madeline Zavodny November 1996 Research Department Working Paper 96-14 Federal Reserve Bank of Dallas This publication was digitized and made available by
More informationFinancial Liberalization and Neighbor Coordination
Financial Liberalization and Neighbor Coordination Arvind Magesan and Jordi Mondria January 31, 2011 Abstract In this paper we study the economic and strategic incentives for a country to financially liberalize
More informationBakke & Whited [JF 2012] Threshold Events and Identification: A Study of Cash Shortfalls Discussion by Fabian Brunner & Nicolas Boob
Bakke & Whited [JF 2012] Threshold Events and Identification: A Study of Cash Shortfalls Discussion by Background and Motivation Rauh (2006): Financial constraints and real investment Endogeneity: Investment
More informationGovernment spending and firms dynamics
Government spending and firms dynamics Pedro Brinca Nova SBE Miguel Homem Ferreira Nova SBE December 2nd, 2016 Francesco Franco Nova SBE Abstract Using firm level data and government demand by firm we
More informationA New Look at Technical Progress and Early Retirement
A New Look at Technical Progress and Early Retirement Lorenzo Burlon* Bank of Italy Montserrat Vilalta-Bufí University of Barcelona IZA/RIETI Workshop Changing Demographics and the Labor Market May 25,
More informationCompetition and the pass-through of unconventional monetary policy: evidence from TLTROs
Competition and the pass-through of unconventional monetary policy: evidence from TLTROs M. Benetton 1 D. Fantino 2 1 London School of Economics and Political Science 2 Bank of Italy Boston Policy Workshop,
More informationFor One More Year with You : Changes in Compulsory Schooling, Education and the Distribution of Wages in Europe
For One More Year with You : Changes in Compulsory Schooling, Education and the Distribution of Wages in Europe Margherita Fort Giorgio Brunello and Guglielmo Weber PRELIMINARY WORK European University
More informationown working paper Minimum wage impacts on wages and hours worked of low-income workers in Ecuador Sara Wong March 2017 Universite Laval
! own working paper 2017-14 Minimum wage impacts on wages and hours worked of low-income workers in Ecuador Universite Laval Sara Wong March 2017 i Minimum wage impacts on wages and hours worked of low-income
More informationGender wage gaps in formal and informal jobs, evidence from Brazil.
Gender wage gaps in formal and informal jobs, evidence from Brazil. Sarra Ben Yahmed May, 2013 Very preliminary version, please do not circulate Keywords: Informality, Gender Wage gaps, Selection. JEL
More informationYour Name (Please print) Did you agree to take the optional portion of the final exam Yes No. Directions
Your Name (Please print) Did you agree to take the optional portion of the final exam Yes No (Your online answer will be used to verify your response.) Directions There are two parts to the final exam.
More informationThe impact of the work resumption program of the disability insurance scheme in the Netherlands
The impact of the work resumption program of the disability insurance scheme in the Netherlands Tunga Kantarci and Jan-Maarten van Sonsbeek DP 04/2018-025 The impact of the work resumption program of the
More informationOnline Appendix for The Interplay between Online Reviews and Physician Demand: An Empirical Investigation
Online Appendix for The Interplay between Online Reviews and Physician Demand: An Empirical Investigation Appendix A: Screen Shots of Original Data A typical interaction of a patient with our focal platform
More informationDepression Babies: Do Macroeconomic Experiences Affect Risk-Taking?
Depression Babies: Do Macroeconomic Experiences Affect Risk-Taking? October 19, 2009 Ulrike Malmendier, UC Berkeley (joint work with Stefan Nagel, Stanford) 1 The Tale of Depression Babies I don t know
More informationMigration Responses to Household Income Shocks: Evidence from Kyrgyzstan
Migration Responses to Household Income Shocks: Evidence from Kyrgyzstan Katrina Kosec Senior Research Fellow International Food Policy Research Institute Development Strategy and Governance Division Joint
More informationClosing routes to retirement: how do people respond? Johannes Geyer, Clara Welteke
Closing routes to retirement: how do people respond? Johannes Geyer, Clara Welteke DIW Berlin & IZA Research Affiliate, cwelteke@diw.de NETSPAR Workshop, January 20, 2017 Motivation: decreasing labor force
More informationUpward Nominal Wage Rigidity
Upward Nominal Wage Rigidity Paulo Guimarães (Banco de Portugal and Universidade do Porto) Fernando Martins (Banco de Portugal and Universidade Lusíada) Pedro Portugal (Banco de Portugal and NOVA SBE)
More informationSDT 466. The Effects of the Minimum Wage on Employment and Wages. Autores: Nicolás Grau Jorge Miranda Esteban Puentes
SDT 466 The Effects of the Minimum Wage on Employment and Wages Autores: Nicolás Grau Jorge Miranda Esteban Puentes Santiago, Junio de 218 The Effects of the Minimum Wage on Employment and Wages. Nicolás
More informationA Risk and Vulnerability Assessment
a This research has been possible by the financial support of the International Development Research Center (IDRC), provided through the Community Based Monitoring System (CBMS) initiative of the Partnership
More informationThe Economic Case for Raising the Minimum Wage. Council of Economic Advisers
The Economic Case for Raising the Minimum Wage Council of Economic Advisers February 12, 2014 The Inflation-Adjusted Value of the Minimum Wage Has Fallen by a Third From Its Peak Minimum Hourly Wage for
More informationDoes Extending Unemployment Benefits Improve Job Quality?
Does Extending Unemployment Benefits Improve Job Quality? Arash Nekoei IIES Stockholm Andrea Weber CEU Question Unemployment insurance (UI) increases unemployment duration Does UI also affect job quality?
More informationON THE ASSET ALLOCATION OF A DEFAULT PENSION FUND
ON THE ASSET ALLOCATION OF A DEFAULT PENSION FUND Magnus Dahlquist 1 Ofer Setty 2 Roine Vestman 3 1 Stockholm School of Economics and CEPR 2 Tel Aviv University 3 Stockholm University and Swedish House
More informationFiring Costs, Employment and Misallocation
Firing Costs, Employment and Misallocation Evidence from Randomly Assigned Judges Omar Bamieh University of Vienna November 13th 2018 1 / 27 Why should we care about firing costs? Firing costs make it
More informationTopic 11: Disability Insurance
Topic 11: Disability Insurance Nathaniel Hendren Harvard Spring, 2018 Nathaniel Hendren (Harvard) Disability Insurance Spring, 2018 1 / 63 Disability Insurance Disability insurance in the US is one of
More informationMinimum Wage as a Poverty Reducing Measure
Illinois State University ISU ReD: Research and edata Master's Theses - Economics Economics 5-2007 Minimum Wage as a Poverty Reducing Measure Kevin Souza Illinois State University Follow this and additional
More information35 years of reforms: a panel analysis of the incidence of, and employee and employer responses to, social security contributions in the UK
35 years of reforms: a panel analysis of the incidence of, and employee and employer responses to, social security contributions in the UK Stuart Adam, David Phillips, and Barra Roantree Paper summary
More informationNBER WORKING PAPER SERIES THE CONTRIBUTION OF THE MINIMUM WAGE TO U.S. WAGE INEQUALITY OVER THREE DECADES: A REASSESSMENT
NBER WORKING PAPER SERIES THE CONTRIBUTION OF THE MINIMUM WAGE TO U.S. WAGE INEQUALITY OVER THREE DECADES: A REASSESSMENT David H. Autor Alan Manning Christopher L. Smith Working Paper 16533 http://www.nber.org/papers/w16533
More informationThe Economic Impact of a 1.50/hour increase in the National Minimum Wage
6654_MinimumWageReport_A4_Final_Layout 1 24/09/2014 11:49 Page 1 The Economic Impact of a 1.50/hour increase in the National Minimum Wage A report for Unite by Howard Reed (Director, Landman Economics)
More informationIJSE 41,5. Abstract. The current issue and full text archive of this journal is available at
The current issue and full text archive of this journal is available at www.emeraldinsight.com/0306-8293.htm IJSE 41,5 362 Received 17 January 2013 Revised 8 July 2013 Accepted 16 July 2013 Does minimum
More informationA STUDY BY THE EMPLOYMENT POLICIES INSTITUTE
A STUDY BY THE EMPLOYMENT POLICIES INSTITUTE The Effect of Minimum Wages on the Labor Force Participation Rates of Teenagers Dr. Walter J. Wessels June 2001 North Carolina State University The Employment
More informationRuhm, C. (1991). Are Workers Permanently Scarred by Job Displacements? The American Economic Review, Vol. 81(1):
Are Workers Permanently Scarred by Job Displacements? By: Christopher J. Ruhm Ruhm, C. (1991). Are Workers Permanently Scarred by Job Displacements? The American Economic Review, Vol. 81(1): 319-324. Made
More informationMore than One in Five Louisville Workers Would Benefit from Proposed Minimum Wage Increase
September 23, 2014 By Jason Bailey More than One in Five Louisville Workers Would Benefit from Proposed Minimum Wage Increase The Louisville Metro Council is considering a proposal to raise the local minimum
More informationEmployment Effects of a Minimum Wage: A Density Discontinuity Design Revisited* Joseph J. Doyle Jr. MIT Sloan School of Management.
Employment Effects of a Minimum Wage: A Density Discontinuity Design Revisited* Joseph J. Doyle Jr. MIT Sloan School of Management April 005 Abstract: In a classic paper, Meyer and Wise (983) estimated
More informationThe Retirement-Consumption Puzzle and the German Pension System - A Regression Discontinuity Approach
The Retirement-Consumption Puzzle and the German Pension System - A Regression Discontinuity Approach Hermann Buslei, Peter Haan, Anna Hammerschmid and Pia John December 19, 2017 Preliminary Version In
More informationA SEEMINGLY UNRELATED REGRESSION ANALYSIS ON THE TRADING BEHAVIOR OF MUTUAL FUND INVESTORS
70 A SEEMINGLY UNRELATED REGRESSION ANALYSIS ON THE TRADING BEHAVIOR OF MUTUAL FUND INVESTORS A SEEMINGLY UNRELATED REGRESSION ANALYSIS ON THE TRADING BEHAVIOR OF MUTUAL FUND INVESTORS Nan-Yu Wang Associate
More informationNBER WORKING PAPER SERIES THE CONTRIBUTION OF THE MINIMUM WAGE TO U.S. WAGE INEQUALITY OVER THREE DECADES: A REASSESSMENT
NBER WORKING PAPER SERIES THE CONTRIBUTION OF THE MINIMUM WAGE TO U.S. WAGE INEQUALITY OVER THREE DECADES: A REASSESSMENT David H. Autor Alan Manning Christopher L. Smith Working Paper 16533 http://www.nber.org/papers/w16533
More informationRockefeller College University at Albany
Rockefeller College University at Albany Problem Set #1: Wo s Earnings In this assignt you will investigate the observation that on average wo earn less than. It is often noted that wo's hourly earnings
More informationEfficiency Wages and the Economic Effects of the Minimum Wage: Evidence from a Low-Wage Labour Market. Andreas Georgiadis
Efficiency Wages and the Economic Effects of the Minimum Wage: Evidence from a Low-Wage Labour Market Andreas Georgiadis What we do: Overview -We exploit a natural experiment provided by the 1999 introduction
More informationStress inducing or relieving? Retirement s causal effect on health
Stress inducing or relieving? Retirement s causal effect on health Peter Eibich 1 This Version: June 27, 2013 Abstract This paper estimates the causal effect of retirement on health using Regression Discontinuity
More informationState Minimum Wage Changes and Employment: Evidence from One Million Hourly Wage Workers
State Minimum Wage Changes and Employment: Evidence from One Million Hourly Wage Workers Radhakrishnan Gopalan Olin Business School Washington University in St. Louis gopalan@wustl.edu Barton Hamilton
More informationState Minimum Wage Changes and Employment: Evidence from. 2 Million Hourly Wage Workers
State Minimum Wage Changes and Employment: Evidence from 2 Million Hourly Wage Workers Radhakrishnan Gopalan, Barton Hamilton, Ankit Kalda, and David Sovich First Draft: November 15, 2016 Current Draft:
More informationHealth Expenditures and Life Expectancy Around the World: a Quantile Regression Approach
` DISCUSSION PAPER SERIES Health Expenditures and Life Expectancy Around the World: a Quantile Regression Approach Maksym Obrizan Kyiv School of Economics and Kyiv Economics Institute George L. Wehby University
More informationCREATIVE DESTRUCTION & JOB MOBILITY: FLEXICURITY IN THE LAND OF SCHUMPETER
CREATIVE DESTRUCTION & JOB MOBILITY: FLEXICURITY IN THE LAND OF SCHUMPETER Andreas Kettemann, University of Zurich Francis Kramarz, CREST-ENSAE Josef Zweimüller, University of Zurich OECD, Paris February
More informationFirm Manipulation and Take-up Rate of a 30 Percent. Temporary Corporate Income Tax Cut in Vietnam
Firm Manipulation and Take-up Rate of a 30 Percent Temporary Corporate Income Tax Cut in Vietnam Anh Pham June 3, 2015 Abstract This paper documents firm take-up rates and manipulation around the eligibility
More informationMINIMUM WAGE INCREASE COULD HELP CLOSE TO HALF A MILLION LOW-WAGE WORKERS Adults, Full-Time Workers Comprise Majority of Those Affected
MINIMUM WAGE INCREASE COULD HELP CLOSE TO HALF A MILLION LOW-WAGE WORKERS Adults, Full-Time Workers Comprise Majority of Those Affected March 20, 2006 A new analysis of Current Population Survey data by
More informationCash-on-hand in Developing Countries and the Value of Social Insurance: Evidence from Brazil
Cash-on-hand in Developing Countries and the Value of Social Insurance: Evidence from Brazil Diogo G. C. Britto October 30, 2016 Abstract This paper first exploits a bonus policy providing low-income workers
More informationUsing Federal Minimum Wages to Identify the Impact of Minimum Wages on Employment and Earnings Across the U.S. States
Using Federal Minimum Wages to Identify the Impact of Minimum Wages on Employment and Earnings Across the U.S. States Yusuf Soner Baskaya Yona Rubinstein October, 2011 Abstract The magnitude of the impact
More informationReally Uncertain Business Cycles
Really Uncertain Business Cycles Nick Bloom (Stanford & NBER) Max Floetotto (McKinsey) Nir Jaimovich (Duke & NBER) Itay Saporta-Eksten (Stanford) Stephen J. Terry (Stanford) SITE, August 31 st 2011 1 Uncertainty
More informationEffects of working part-time and full-time on physical and mental health in old age in Europe
Effects of working part-time and full-time on physical and mental health in old age in Europe Tunga Kantarcı Ingo Kolodziej Tilburg University and Netspar RWI - Leibniz Institute for Economic Research
More informationIRLE. Waiting for Change: Is it Time to Increase the $2.13 Subminimum Wage? IRLE WORKING PAPER # December Sylvia A.
IRLE IRLE WORKING PAPER #155-13 December 2013 Waiting for Change: Is it Time to Increase the $2.13 Subminimum Wage? Sylvia A. Allegretto Cite as: Sylvia A. Allegretto. (2013). Waiting for Change: Is it
More informationDiscussion of The International Transmission Channels of Monetary Policy Claudia Buch, Matthieu Bussiere, Linda Goldberg, and Robert Hills
Discussion of The International Transmission Channels of Monetary Policy Claudia Buch, Matthieu Bussiere, Linda Goldberg, and Robert Hills Jean Imbs June 2017 Imbs (2017) Banque de France - 30 June 2017
More informationOnline Appendix Long-Lasting Effects of Socialist Education
Online Appendix Long-Lasting Effects of Socialist Education Nicola Fuchs-Schündeln Goethe University Frankfurt, CEPR, and IZA Paolo Masella University of Sussex and IZA December 11, 2015 1 Temporary Disruptions
More informationPension Wealth and Household Saving in Europe: Evidence from SHARELIFE
Pension Wealth and Household Saving in Europe: Evidence from SHARELIFE Rob Alessie, Viola Angelini and Peter van Santen University of Groningen and Netspar PHF Conference 2012 12 July 2012 Motivation The
More informationGMM for Discrete Choice Models: A Capital Accumulation Application
GMM for Discrete Choice Models: A Capital Accumulation Application Russell Cooper, John Haltiwanger and Jonathan Willis January 2005 Abstract This paper studies capital adjustment costs. Our goal here
More informationAging and the Productivity Puzzle
Aging and the Productivity Puzzle Adam Ozimek 1, Dante DeAntonio 2, and Mark Zandi 3 1 Senior Economist, Moody s Analytics 2 Economist, Moody s Analytics 3 Chief Economist, Moody s Analytics September
More informationQuasi-Experimental Methods. Technical Track
Quasi-Experimental Methods Technical Track East Asia Regional Impact Evaluation Workshop Seoul, South Korea Joost de Laat, World Bank Randomized Assignment IE Methods Toolbox Discontinuity Design Difference-in-
More informationHeterogeneous Impacts of the Minimum Wage
Heterogeneous Impacts of the Minimum Wage Peter Brummund University of Alabama Michael R. Strain American Enterprise Institute October 31, 2015 [Preliminary Results. Do not cite] Abstract Two features
More informationThe Gender Earnings Gap: Evidence from the UK
Fiscal Studies (1996) vol. 17, no. 2, pp. 1-36 The Gender Earnings Gap: Evidence from the UK SUSAN HARKNESS 1 I. INTRODUCTION Rising female labour-force participation has been one of the most striking
More informationReview of Recent Evaluations of R&D Tax Credits in the UK. Mike King (Seconded from NPL to BEIS)
Review of Recent Evaluations of R&D Tax Credits in the UK Mike King (Seconded from NPL to BEIS) Introduction This presentation reviews three recent UK-based studies estimating the effect of R&D tax credits
More informationLabour Force Participation in the Euro Area: A Cohort Based Analysis
Labour Force Participation in the Euro Area: A Cohort Based Analysis Almut Balleer (University of Bonn) Ramon Gomez Salvador (European Central Bank) Jarkko Turunen (European Central Bank) ECB/CEPR LM workshop,
More informationHome Energy Reporting Program Evaluation Report. June 8, 2015
Home Energy Reporting Program Evaluation Report (1/1/2014 12/31/2014) Final Presented to Potomac Edison June 8, 2015 Prepared by: Kathleen Ward Dana Max Bill Provencher Brent Barkett Navigant Consulting
More informationDOES COMPENSATION AFFECT BANK PROFITABILITY? EVIDENCE FROM US BANKS
DOES COMPENSATION AFFECT BANK PROFITABILITY? EVIDENCE FROM US BANKS by PENGRU DONG Bachelor of Management and Organizational Studies University of Western Ontario, 2017 and NANXI ZHAO Bachelor of Commerce
More informationCROWE Policy Brief: Evidence on the Effects of Minnesota s Minimum Wage Increases
CROWE Policy Brief: Evidence on the Effects of Minnesota s Minimum Wage Increases Noah Williams Center for Research on the Wisconsin Economy, UW-Madison June 20, 2018 Summary Beginning in 2014, the state
More informationUsing Federal Minimum Wages to Identify the Impact of Minimum Wages on Employment and Earnings across the U.S. States
Using Federal Minimum Wages to Identify the Impact of Minimum Wages on Employment and Earnings across the U.S. States Yusuf Soner Baskaya Yona Rubinstein March, 2012 Abstract The magnitude of the impact
More informationThe Effect of Taxation on Informal Employment
The Effect of Taxation on Informal Employment Evidence from the Russian Flat Tax Reform Fabián Slonimczyk ICEF-Higher School of Economics, Moscow Joint CLMS-LIRT Seminar. November 2011. Informality and
More informationA Risk and Vulnerability Assessment
a This research has been possible by the financial support of the International Development Research Center (IDRC), provided through the Community Based Monitoring System (CBMS) initiative of the Partnership
More informationVolume 29, Issue 2. A note on finance, inflation, and economic growth
Volume 29, Issue 2 A note on finance, inflation, and economic growth Daniel Giedeman Grand Valley State University Ryan Compton University of Manitoba Abstract This paper examines the impact of inflation
More informationWorker Mobility in a Global Labor Market: Evidence from the UAE
Worker Mobility in a Global Labor Market: Evidence from the UAE Suresh Naidu, Yaw Nyarko, and Shing-Yi Wang December 2014 Berkeley Naidu, Nyarko and Wang () Worker Mobility in a Global Labor Market December
More informationRenegotiation of Trade Agreements and Firm Exporting Decisions: Evidence from the Impact of Brexit on UK Exports
Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence from the Impact of Brexit on UK Exports Meredith A. Crowley Oliver Exton Lu Han University of Cambridge July 2018 Disclaimer This
More informationStock price synchronicity and the role of analyst: Do analysts generate firm-specific vs. market-wide information?
Stock price synchronicity and the role of analyst: Do analysts generate firm-specific vs. market-wide information? Yongsik Kim * Abstract This paper provides empirical evidence that analysts generate firm-specific
More informationThe misplaced debate about job loss and a $15 minimum wage
Washington Center for Equitable Growth The misplaced debate about job loss and a $15 minimum wage By David R. Howell July 2016 Overview The leading criticism of the Fight for $15 campaign to raise the
More informationThe Persistent Effect of Temporary Affirmative Action: Online Appendix
The Persistent Effect of Temporary Affirmative Action: Online Appendix Conrad Miller Contents A Extensions and Robustness Checks 2 A. Heterogeneity by Employer Size.............................. 2 A.2
More informationFINAL EXAMINATION VERSION B
William M. Boal Signature: Printed name: FINAL EXAMINATION VERSION B INSTRUCTIONS: This exam is closed-book, closed-notes. Simple calculators are permitted, but graphing calculators, calculators with alphabetical
More informationAffordable Care Act Reporting Forms 1094 & February 2, 2016 Kathy D. Petrucci & Zachary Davis
Affordable Care Act Reporting Forms 1094 & 1095 February 2, 2016 Kathy D. Petrucci & Zachary Davis 614-586-7214 614-586-7235 Firm Overview Since 1956, & Co., Inc. provides accounting, tax, and business
More informationLifetime Income Inequality: quantile treatment effect of retirement on the distribution of lifetime income.
Lifetime Income Inequality: quantile treatment effect of retirement on the distribution of lifetime income. Małgorzata Karolina Kozłowska University of Rome "Tor Vergata" February 6, 26 Małgorzata Karolina
More informationAdditional Evidence and Replication Code for Analyzing the Effects of Minimum Wage Increases Enacted During the Great Recession
ESSPRI Working Paper Series Paper #20173 Additional Evidence and Replication Code for Analyzing the Effects of Minimum Wage Increases Enacted During the Great Recession Economic Self-Sufficiency Policy
More informationUnderstanding the underlying dynamics of the reservation wage for South African youth. Essa Conference 2013
_ 1 _ Poverty trends since the transition Poverty trends since the transition Understanding the underlying dynamics of the reservation wage for South African youth ASMUS ZOCH Essa Conference 2013 KEYWORDS:
More informationMANAGEMENT SCIENCE doi /mnsc ec
MANAGEMENT SCIENCE doi 10.1287/mnsc.1100.1159ec e-companion ONLY AVAILABLE IN ELECTRONIC FORM informs 2010 INFORMS Electronic Companion Quality Management and Job Quality: How the ISO 9001 Standard for
More informationSpatial Heterogeneity and Minimum Wages: Employment Estimates for Teens Using Cross-State Commuting Zones
IRLE IRLE WORKING PAPER #181-09 June 2009 Spatial Heterogeneity and Minimum Wages: Employment Estimates for Teens Using Cross-State Commuting Zones Sylvia Allegretto, Arindrajit Dube, Michael Reich Cite
More informationMinimum wages in formal and informal sectors: Evidence from the Colombian crisis
Minimum wages in formal and informal sectors: Evidence from the Colombian crisis Jorge Eduardo Pérez Pérez This draft: Oct 5 2015 For latest version, click here Abstract I estimate the effect of the minimum
More informationEmpirical Methods for Corporate Finance. Regression Discontinuity Design
Empirical Methods for Corporate Finance Regression Discontinuity Design Basic Idea of RDD Observations (e.g. firms, individuals, ) are treated based on cutoff rules that are known ex ante For instance,
More informationOnline Appendix (Not For Publication)
A Online Appendix (Not For Publication) Contents of the Appendix 1. The Village Democracy Survey (VDS) sample Figure A1: A map of counties where sample villages are located 2. Robustness checks for the
More information