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The optimal minimum wage with regulatory uncertainty
Bennett, John; Chioveanu, Ioana - 2015
For two different regulatory standards, we examine the optimal minimum wage in a competitive labour market when the government is uncertain about supply and demand. Solutions are related to underlying supply and demand conditions, and the extent of uncertainty and of rationing efficiency. We...
Persistent link: https://www.econbiz.de/10011407940
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Nautical patrol and illegal fishing practices
Kastoryano, Stephen; Vollaard, Ben A. - 2022
We uncover a hidden illegal fishing practice: the use of fishing nets with illegally small mesh size. The small mesh prevents nearly all fish of saleable size from escaping the net, but also traps a large number of fish which are too small to be sold on the market and are therefore discarded at...
Persistent link: https://www.econbiz.de/10013368988
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A risk augmented mincer earnings equation? : taking stock
Hartog, Joop - 2009
We survey the literature on the Risk Augmented Mincer equation that seeks to estimate the compensation for uncertainty in the future wage to be earned after completing an education. There is wide empirical support for the predicted positive effect of wage variance and the negative effect of wage...
Persistent link: https://www.econbiz.de/10003900500
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Investment and subjective uncertainty
Bloom, Nicholas; Davis, Steven J.; Foster, Lucia; … - 2022
A longstanding challenge in evaluating the impact of uncertainty on investment is obtaining measures of managers' subjective uncertainty. We address this challenge by using a detailed new survey measure of subjective uncertainty collected by the U.S. Census Bureau for approximately 25,000...
Persistent link: https://www.econbiz.de/10013453943
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Three new empirical tests of the pollution haven hypothesis when environmental regulation is endogenous
Millimet, Daniel L.; Roy, Jayjit - 2011
two shortcomings. First, the issues of unobserved heterogeneity and measurement error in environmental regulation are …, we consistently find (i) evidence of environmental regulation being endogenous, (ii) a negative impact of own … environmental regulation on inbound FDI in pollution-intensive sectors, particularly when measured by employment, and (iii) larger …
Persistent link: https://www.econbiz.de/10009315496
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Hurricanes, climate change policies and electoral accountability
Gagliarducci, Stefano; Paserman, Marco Daniele; … - 2019
hit by a hurricane are more likely to support bills promoting more environmental regulation and control in the year after …
Persistent link: https://www.econbiz.de/10012006068
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Quasi-experimental methods in environmental economics : opportunities and challenges
Deschênes, Olivier; Meng, Kyle C. - 2018
This paper examines the application of quasi-experimental methods in environmental economics. We begin with two observations: i) standard quasi-experimental methods, first applied in other microeconomic fields, typically assume unit-level treatments that do not spill over across units; (ii)...
Persistent link: https://www.econbiz.de/10011906389
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Trade policy uncertainty, offshoring, and the environment : evidence from US manufacturing establishments
Choi, Jaerim; Hyun, Jay; Kim, Gueyon; Park, Ziho - 2023
We study long-run environmental impacts of trade liberalization on US manufacturing by exploiting a plausibly exogenous reduction in US trade policy uncertainty: the conferral of Permanent Normal Trade Relations (PNTR) to China. Using detailed data on establishment-level pollution emissions and...
Persistent link: https://www.econbiz.de/10013540780
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Politico-economic causes of labor regulation in the United States : rent seeking, alliances, raising Rivals' costs (even lowering one's own?), and interjurisdictional competition
Addison, John T. (contributor) - 2006
This paper offers an eclectic survey of the political economy of labor regulation in the United States at federal and …
Persistent link: https://www.econbiz.de/10003481858
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Analyzing the extent and influence of occupational licensing on the labor market
Kleiner, Morris M.; Krueger, Alan B. - 2011
This study examines the extent and influence of occupational licensing in the U.S. using a specially designed national labor force survey. Specifically, we provide new ways of measuring occupational licensing and consider what types of regulatory requirements and what level of government...
Persistent link: https://www.econbiz.de/10009230732