Showing 1 - 10 of 349
-2020, we find for manufacturing establishments a gas price elasticity of labor demand of -0.02, likely reflecting a scale … effect. We also show that a rise in the gas price leads to an increase in establishment closure. A negative impact of the gas … price on wages of 2 percent is consistent with rent-sharing. …
Persistent link: https://www.econbiz.de/10014247013
The United States experienced a considerable increase in oil and natural gas extraction in recent years due to technological advancements including horizontal drilling and hydraulic fracturing. Increased energy development likely creates both benefits and costs, but the net effects for local...
Persistent link: https://www.econbiz.de/10011455295
This paper examines local labor market outcomes from an oil and gas boom in Texas. We examine two main outcomes across gender, race, and ethnicity: the probability of employment in the oil and gas industry and the log wages of workers employed outside the oil and gas industry. We find that men...
Persistent link: https://www.econbiz.de/10012015844
This paper takes advantage of a natural experiment to examine the relationship between the price and saliency of health …
Persistent link: https://www.econbiz.de/10012314696
the minimum wage and to the micro patterns of price stickiness. For that purpose, we use a unique dataset of individual … price quotes collected to calculate the Consumer Price Index in France and we estimate a price rigidity model based on a … through to retail prices. -- Price stickiness ; minimum wage ; inflation ; restaurant prices …
Persistent link: https://www.econbiz.de/10003825142
the degree of price rigidity that is inherent to the price setting mechanism (intrinsic) and that which is due to the … price's driving variables (extrinsic). Using two data sets consisting of a large fraction of the price quotes used to … compute the Belgian and French CPI, we are able to assess the role of intrinsic and extrinsic price stickiness in explaining …
Persistent link: https://www.econbiz.de/10003595347
this issue by estimating crime-price elasticities from detailed data on criminal incidents in London between 2002 and 2012 … incidents and find evidence of significant positive price elasticities. We then study a particular group of crimes that have …
Persistent link: https://www.econbiz.de/10011283155
The consequences of tobacco control policies for individual welfare are difficult to assess. We therefore evaluate the impact of smoking bans and cigarette prices on subjective well-being by analyzing data for 40 European countries and regions between 1990 and 2011. We exploit the staggered...
Persistent link: https://www.econbiz.de/10009699319
analyze three therapeutic classes with different treatment durations and show that the reform led to substantial price … decreases for our lifelong treatment and to less substantial price reductions for our medium duration treatment while we do not …
Persistent link: https://www.econbiz.de/10010467805
at a fixed price before an auction. In the "Buy-It-Now" format, the seller has the bargaining power and offers a price …
Persistent link: https://www.econbiz.de/10011407823