-commerce firm's fulfillment centers reduces traditional retail workers' income in geographically proximate counties by 2.4%. Wages … (employment) at proximate stores decrease by 4% (2.1%). Exits, especially of young and small stores, increase, and entry decreases …

greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In …This paper argues that rigid wages cannot provide the underpinnings of a universally valid theory of the business cycle …, simply because wages are not universally rigid. Several different statistical techniques suggest that wage rates in the U …

of STEM worker growth on the wages and employment of college and non-college educated native workers in 219 U.S. cities … workers in a city were associated with significant increases in wages paid to college educated natives. Wage increases for non …-college educated natives are smaller but still significant. We do not find significant effects on employment. We also find that STEM …

Theoretically, wealthier people should buy less insurance, and should self-insure through saving instead, as insurance … wealthier have better life and property insurance coverage. Wealth-related differences in background risk, legal risk, liquidity … constraints, financial literacy, and pricing explain only a small fraction of the positive wealth-insurance correlation. This …