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Understanding the sensitivity of gasoline demand to changes in prices and income has important implications for policies related to climate change, optimal taxation and national security, to name only a few. While the short-run price and income elasticities of gasoline demand in the United...
Persistent link: https://www.econbiz.de/10012760637
We estimate the elasticity of charitable giving with respect to its price and after-tax income using a panel of over 550,000 disproportionately high-income tax returns spanning the years 1979 through 2005. Improvements relative to the previous literature include: using state tax variation to...
Persistent link: https://www.econbiz.de/10012770674
Disability insurance take-up has expanded substantially in the past twenty years in the United States while shrinking in Canada. We empirically assess these trends by measuring the strength of the ‘push' from weak labor markets versus the ‘pull' of more generous benefits. Using an...
Persistent link: https://www.econbiz.de/10012956375
We examine local labor markets in the U.S. and Canada from 1990 to 2011 using comparable household and business data. Wage levels and inequality rise with city population in both countries, albeit less in Canada. Neither country saw wage levels converge despite contrasting migration patterns...
Persistent link: https://www.econbiz.de/10012889486
Recent literature on the labor-market effects of U.S. immigration tends to find little correlation between regional immigrant inflows and changes in relative regional wages. In this paper we examine whether immigration, or endowment shocks more generally, altered U.S. regional output mixes as...
Persistent link: https://www.econbiz.de/10013230370
The growth of American governments in the twentieth century included large increases in funds for social insurance and public assistance. Social insurance has increased far more than public assistance, so “rise in the social insurance state” is a far better description of the century than...
Persistent link: https://www.econbiz.de/10013306637
In this paper, we examine the impact of government enforcement of the U.S.-Mexican border on wages in the border regions of the United States and Mexico. The U.S. Border Patrol polices U.S. boundaries, seeking to apprehend any individual attempting to enter the United States illegally. These...
Persistent link: https://www.econbiz.de/10013324458
Residential natural gas customers in the United States face volumetric charges for natural gas that average about 30% more than marginal cost. The large markup on natural gas - which is used to cover the fixed infrastructure and operating costs of the local distribution companies - is widely...
Persistent link: https://www.econbiz.de/10013131987
It is well recognized by economists that long-term contracting under an array of price and non-price provisions may be an efficient response to small-numbers bargaining problems. Empirical work to distinguish such issues from predictions of models of market power and bargaining has been sparse,...
Persistent link: https://www.econbiz.de/10013217942
Using a unique dataset of insurance decisions by over 1,800 large U.S. corporations, this study provides the first empirical analysis of firm behavior that compares corporate demand for property and catastrophe insurance (here, terrorism). We combine demand and supply data and apply a...
Persistent link: https://www.econbiz.de/10013120307