Showing 1 - 10 of 755
This paper studies how prices comove across products, firms and locations to gauge the relative importance of retailer …
Persistent link: https://www.econbiz.de/10012464684
The world's population is living longer but retiring earlier, and vast numbers of adults now spend as much as 1/3 of their lifetimes relying on public and private retirement benefits. Consequently, labor economists are interested in the forces driving retirement behavior, seeking to understand...
Persistent link: https://www.econbiz.de/10012472317
contracts. Belief in the effectiveness of courts has a significant positive effect on the level of trust shown in new …
Persistent link: https://www.econbiz.de/10012470146
We conduct the first field experiment of a performance-contingent microfinance contract. A large food multinational … Kenya, we compare asset financing under a traditional debt contract to three alternatives: (i) a novel equity-like financing … contract, (ii) a hybrid debt-equity contract, and (iii) an index-insurance financing contract. Experimental results reveal …
Persistent link: https://www.econbiz.de/10013388766
The rise in national industry concentration in the US between 1977 and 2013 is driven by a new industrial revolution in three broad non-traded sectors: services, retail, and wholesale. Sectors where national concentration is rising have increased their share of employment, and the expansion is...
Persistent link: https://www.econbiz.de/10012479917
We combine data on individual trade transactions from U.S. customs records with comprehensive information on firms' employment from the Census Bureau's business register to examine wholesalers and retailers in U.S. exports and imports. Exporters and importers with 100 percent employment in...
Persistent link: https://www.econbiz.de/10012462991
Adoption of real-time electricity pricing -- retail prices that vary hourly to reflect changing wholesale prices -- removes existing cross-subsidies to those customers that consume disproportionately more when wholesale prices are highest. If their losses are substantial, these customers are...
Persistent link: https://www.econbiz.de/10012467083
After outlining characteristics of Japan's distribution sector, a comprehensive international comparison of it to those of other nations is presented and analyzed for underlying differences. This leads to an explanation of Japan's retail store density, which is then related to the structure of...
Persistent link: https://www.econbiz.de/10012469253
The decline in the U.S. labor share is far from uniform across firms. While the aggregate labor share has declined, especially in manufacturing, retail, and wholesale, the labor share of a typical firm in these industries has risen. This paper studies the dynamics of the substitution of capital...
Persistent link: https://www.econbiz.de/10012496133
I examine the impact of the overtime provisions of the Fair Labor Standards on weekly hours worked between 1938 and 1950 by comparing workers in wholesale trade, a sector which was covered by the Act, with those in retail trade, a sector which was not. I find that the Act reduced hours worked,...
Persistent link: https://www.econbiz.de/10012471957