Showing 1 - 10 of 335
discontinuity design to estimate the impact of unionization on business survival, employment, output, productivity, and wages …
Persistent link: https://www.econbiz.de/10013223179
We investigate how communication within banks affects small business lending. Using travel time between a bank's headquarters and its branches to proxy for the costs of communicating soft information, we exploit shocks to these travel times to evaluate the impact of within bank communication...
Persistent link: https://www.econbiz.de/10012869574
We analyze how increased access to financing affects firm total factor productivity (TFP) by exploiting a natural experiment following interstate banking deregulations which increased access to bank financing. We find that firms' TFP increases after their states implement these deregulations....
Persistent link: https://www.econbiz.de/10013053481
Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...
Persistent link: https://www.econbiz.de/10013046172
econometric methods based on the propensity score to estimate the causal effect of HIV status on employment outcomes in South …
Persistent link: https://www.econbiz.de/10013127983
the labor force participation of younger persons in twelve countries. We found no evidence that increasing the employment … of older persons will reduce the employment opportunities of youth and no evidence that increasing the employment of … employment circumstances of older workers. We find that these "exogenous" reforms can have a very large effect on the labor force …
Persistent link: https://www.econbiz.de/10013130978
This paper studies why the General Theory had so much impact on the economics profession through the 1960s, why that impact began to wane in the 1970s, and why many economic policymakers cling to many of the tenets of the General Theory. We discuss three key elements along these lines, including...
Persistent link: https://www.econbiz.de/10013131957
Between 1950 and 1970 the labor force participation rate of southern black males aged 16-19 declined by 27 percentage points. This decline has been attributed to two demand-side shocks: the mechanization of cotton agriculture in the 1950s and extensions in the coverage of the federal minimum...
Persistent link: https://www.econbiz.de/10013139248
There are large and important differences between blacks and whites in nearly every facet of life - earnings, unemployment, incarceration, health, and so on. This chapter contains three themes. First, relative to the 20th century, the significance of discrimination as an explanation for racial...
Persistent link: https://www.econbiz.de/10013139516
During the recession of 2008-9, labor hours fell sharply, while wages and output per hour rose. Some, but not all, of the productivity and wage increase can be attributed to changing quality of the workforce. The rest of the increase appears to be due to increases in production inputs other than...
Persistent link: https://www.econbiz.de/10013118424