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The United States economy, as well as the economies of several other highly industrialized nations, has experienced … significant changes in sector composition over the last fifty years. The United States economy has shifted from manufacturing to a … service based economy, where services represent almost eighty per cent of gross domestic product. An economy that is …
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In England, public sports facilities and libraries provided by local government are being transferred to management and delivery by volunteers. The catalyst for this development has been reductions in local government budgets. However, case studies explore if this asset transfer "offers a way of...
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British Master and Servant law made employee contract breach a criminal offense until 1875. We develop a contracting model generating equilibrium contract breach and prosecutions, then exploit exogenous changes in output prices to examine the effects of labor demand shocks on prosecutions....
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Naidu and Yuchtman (2013) find that labor demand shocks in 19th-century Britain had an impact on master and servant prosecutions, as breaking an employee contract was a criminal offense until 1875. We first reproduce all regression tables in Naidu and Yuchtman (2013) and then test for robustness...
Persistent link: https://www.econbiz.de/10014555738
British Master and Servant law made employee contract breach a criminal offense until 1875. We develop a contracting model generating equilibrium contract breach and prosecutions, then exploit exogenous changes in output prices to examine the effects of labor demand shocks on prosecutions....
Persistent link: https://www.econbiz.de/10012461607
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