Showing 1 - 10 of 58
Network, established in 2012, brings together researchers from around the world with access to micro-level data on individual … studies conducted in eleven countries to explore liquidity risk transmission. Among the main results is, first, that … explanatory power of the empirical model is higher for domestic lending than for international lending. Second, how liquidity risk …
Persistent link: https://www.econbiz.de/10012458364
We study how the employment effects of enterprise zones vary with their location, implementation, and administration, based on evidence from California. We use new establishment-level data and geographic mapping methods, coupled with a survey of enterprise zone administrators. Overall, the...
Persistent link: https://www.econbiz.de/10012463443
a sticky-price alternative to Lucas's (1982) exchage rate risk premium model. We show that the level risk premium' in …
Persistent link: https://www.econbiz.de/10012472119
-sectional differences in response to liquidity risk depend on the banks' shares of core deposit funding. By contrast, differences across …
Persistent link: https://www.econbiz.de/10012458381
offer to help students prepare for the world of work,' and an accompanying survey includes information on school …
Persistent link: https://www.econbiz.de/10012471042
This paper presents evidence on the employment effects of recent minimum wage increases from a pre-specified research design that entailed committing to a detailed set of statistical analyses prior to 'going to' the data. Despite the limited data to which the pre-specified research design can be...
Persistent link: https://www.econbiz.de/10012471616
A key goal of a higher minimum wage is income redistribution towards low-income families. Existing research on the minimum wage focuses on the impact on affected workers, but is silent on the incomes of the owners of businesses who pay for a higher minimum wage. Higher minimum wages will do more...
Persistent link: https://www.econbiz.de/10012480515
I discuss the econometrics and the economics of past research on the effects of minimum wages on employment in the United States. My intent is to try to identify key questions raised in the recent literature, and some from the earlier literature, which I think hold the most promise for...
Persistent link: https://www.econbiz.de/10012480696
We take up two questions that have not been explored in research on enterprise zones. First, does a considerably longer-run perspective on the effects of state enterprise zones lead to different answers? And second, are there heterogeneous effects of enterprise zones that depend on the set of...
Persistent link: https://www.econbiz.de/10012481400
I review evidence on alternative labor market policies that could potentially improve economic self-sufficiency via mandating higher wages, subsidizing employment, or increasing productivity. The evidence indicates that the minimum wage is an ineffective policy to promote economic...
Persistent link: https://www.econbiz.de/10012463840