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Minimum Wage Channels of Adjustment
Hirsch, Barry T. - 2011
precisely measure the MW compliance cost for each restaurant. We examine a broad range of adjustment channels in addition to … three years. Cost increases were instead absorbed through other channels of adjustment, including higher prices, lower …
Persistent link: https://www.econbiz.de/10013118045
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How Do Industries and Firms Respond to Changes in Local Labor Supply?
Dustmann, Christian - 2012
distinguish between three adjustment mechanisms: through factor prices, through an expansion in the size of those production units … supply shocks do not induce factor price changes in the tradable sector. In this sector, most of the adjustment to changes in … exit the market are an important additional channel of adjustment. Finally, we demonstrate that an industry level analysis …
Persistent link: https://www.econbiz.de/10013112767
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How Darwinian Should an Economy Be?
Saint-Paul, Gilles - 2014
This paper studies aggregate dynamics in a cobweb model where learning takes place through a selection mechanism, by which more successful firms are replicated at a higher rate. The structure of the model allows to characterize analytically the aggregate dynamics, and to compute the effect on...
Persistent link: https://www.econbiz.de/10013042991
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SISTA : Learning Optimal Transport Costs Under Sparsity Constraints
Carlier, Guillaume; Dupuy, Arnaud; Galichon, Alfred; … - 2021
In this paper, we describe a novel iterative procedure called SISTA to learn the underlying cost in optimal transport problems. SISTA is a hybrid between two classical methods, coordinate descent ("S"-inkhorn) and proximal gradient descent ("ISTA"). It alternates between a phase of exact...
Persistent link: https://www.econbiz.de/10013225545
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Combining Microsimulation and Optimization to Identify Optimal Flexible Tax-Transfer Rules
Colombino, Ugo - 2020
We use a behavioural microsimulation model embedded in a numerical optimization procedure in order to identify optimal (social welfare maximizing) tax-transfer rules. We consider the class of tax-transfer rules consisting of a universal basic income and a tax defined by a 4th degree polynomial....
Persistent link: https://www.econbiz.de/10012832584
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Strengthening Producer Organizations to Increase Market Access of Smallholder Farmers in Uganda
Vargas Hill, Ruth - 2020
Smallholder agriculture in Sub-Saharan Africa is largely exposed to pervasive market failures, translating into missed opportunities and sub-optimal economic behavior. These failures can partly be traced to the importance of economies of scale in procuring inputs and marketing produce, where...
Persistent link: https://www.econbiz.de/10012822850
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Pill Power : The Prequel
Edlund, Lena - 2011
Goldin and Katz [2002], in an influential paper, argued that the availability of the contraceptive Pill to unmarried minors was instrumental for women's professional advancements, by allowing marriage to be postponed, they argued. However, with low cost and effective birth control, it is not...
Persistent link: https://www.econbiz.de/10013130459
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Estimating Labor Supply Responses and Welfare Participation : Using a Natural Experiment to Validate a Structural Labor Supply Model
Hansen, Jorgen - 2011
In this paper, we formulate and estimate an economic model of labor supply and welfare participation. The model is estimated on data on single men from Quebec drawn from the 1986 Canadian Census. Budget sets for each work-welfare combination - accounting for income taxes, tax credits and welfare...
Persistent link: https://www.econbiz.de/10013124491
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Impact of Rural Employment Guarantee Schemes on Seasonal Labor Markets : Optimum Compensation and Workers' Welfare
Basu, Arnab K. - 2011
The recent enactment of the National Rural Employment Guarantee Act in India has been widely hailed a policy that provides a safety net for the rural poor with the potential to boost rural income, stabilize agricultural production and reduce rural-urban migration. This paper, models the impact...
Persistent link: https://www.econbiz.de/10013124790
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Aggregate Earnings and Macroeconomic Shocks : The Role of Labour Market Policies and Institutions
Bassanini, Andrea - 2012
I examine the effect of labour market policies and institutions on the transmission of macroeconomic shocks to the labour market, using both aggregate and industry-level annual data for 23 OECD countries, 23 business-sector industries and up to 29 years. I find that high and progressive labour...
Persistent link: https://www.econbiz.de/10013099104