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Using data from a longitudinal survey of fast food restaurants in Texas, the authors examine the impact of recent changes in the federal minimum wage on a low-wage labor market The authors draw four main conclusions. First, the survey results indicate that less than 5 percent of fast food...
Persistent link: https://www.econbiz.de/10012474983
The question of how firms build market share matters for firm dynamics, business cycles, international trade, and industrial organization. Using Nielsen Retail Scanner data for the United States, we document that in the consumer food industry, brands experience substantial growth in market share...
Persistent link: https://www.econbiz.de/10012452927
Food manufacturing and processing is an important link between agricultural producers and consumers in the agricultural supply chain. The food manufacturing sector in the United States is both increasingly mechanized and increasingly concentrated. Consequently, labor risks in food manufacturing...
Persistent link: https://www.econbiz.de/10012585380
"Firms in Africa report "regulatory and economic policy uncertainty" as a top constraint to their growth. We argue that … often firms in Africa do not cope with policy rules, rather they face deals; firm-specific policy actions that can be … uncorrelated with ex-post firm-level responses, further evidence that deals rather than rules prevail in Africa. Strikingly, the …
Persistent link: https://www.econbiz.de/10011394615
This paper investigates the tradeoff between competition and financial inclusion resulting from the vertical integration between mobile network and money operators. Joining newly assembled data on mobile money fees through the WayBack machine, with sources on network coverage and financials, we...
Persistent link: https://www.econbiz.de/10014372453
prominent in Africa today, but do or can Africans respond to them with the same elasticity as in the days of 'free' migration …? Our new estimates of net migration and labor market performance for the countries of sub-Saharan Africa suggest that …. In Africa today, economic growth has faltered, its economies have fallen further behind the high-wage OECD leaders, and …
Persistent link: https://www.econbiz.de/10012470605
This paper documents and explains the near-permanent banking stress African countries have experienced during the last 20 years. The central hypothesis is that banking stress comes predominantly from unbooked losses and that the level of unbooked losses a banking system can accumulate depends on...
Persistent link: https://www.econbiz.de/10012470728
Various arguments have been used to explain Sub-Saharan Africa's economic decline. We find that a stress on investments … poverty alleviation; and that the constraints imposed by Sub-Saharan Africa's human and physical geography are not core …
Persistent link: https://www.econbiz.de/10012471865
There is considerable debate over the appropriate role for tax policy in developing economies. In one view, tax hikes reduce deficits and ease budgetary pressures, thereby encouraging long-term growth. An alternative view emphasizes the distortionary effects associated with increased taxation...
Persistent link: https://www.econbiz.de/10012476733
We examine intergenerational mobility (IM) in educational attainment in Africa since independence, using census data …
Persistent link: https://www.econbiz.de/10012479489