The Clinton administration has claimed its proposal to increase the minimum wage would not affect employment; other research supports that a higher minimum wage means fewer jobs.

This paper studies the degree of integration of China's domestic market and investigates the determinants of inter-provincial trade barriers under the rubric endogenoustrade policy theory. I rely on industry-level trade flows extracted from provincial input-output tables to develop a model that...

This paper estimates treatment effects for back pain patients using observational data from a low-key social insurance reform in Norway. Using a latent variable model we estimate the average treatment effects (ATE), the average effect of treatment on the treated (TT), and the distribution of...

The starting point of this paper is a mixed oligopoly market consisting of n privately owned profit maximizing firms and 1 state-owned welfare maximizing firm. Motivated by the trend of mergers and acquisitions in the liberalized electricity markets, and by the debate about public or private...

This paper analyses the role of information and communication technology (ICT) in Australia, Japan, South Korea and Taiwan within a framework of endogenous growth theory. The focus of this study is ‘knowledge spillover' from ICT. The empirical results suggest that the knowledge spillover from...

The paper basically deals with two important concepts: security economy and economic security. The former is a relatively new term implying the way of building an entire system of protection by measures and activities to prevent deliberate actions affecting the quality of life and goods, while...

The author examines the structure of the corporate charter market, the impact of takeover regulation and federal securities law, and the spreading of criminalization of corporate duties.

In this volume, the author describes the changes in wages during the 1980s that led to increased rewards in schooling in the labor market.