Many countries have adopted energy policies that promote biofuels as a substitute for gasoline in transportation. For instance, 40% of U.S. grain is now used for energy and this share is expected to rise significantly under the current Renewable Fuels Mandate. This paper examines the...

This paper examines the impact of privatization on gender discrimination in China across firms with different technology intensities. Using a comprehensive firm-level survey, the paper identifies gender wage-productivity differentials by directly estimating the relative productivity levels of...

In the absence of discrimination, there should be no wage-productivity differentials as relative wages should be equal to the relative marginal productivity levels of workers. This paper investigates the role of globalization on the structure and evolution of gender differentials in China by...

This paper estimates the distribution of welfare gains due to the trade reforms in India by simultaneously considering the effect on prices of tradeable goods and wages. The cost of consumption for each household is affected by the domestic price changes, while wage incomes adjust to these price...

This paper estimates the effect of changes in maternal and paternal labor supply on the schooling rates of children in India using the variation in trade tariffs across a period of liberalization. The results suggest that increases in maternal labor supply raise the schooling probability of...

Our empirical analysis unveils a striking uniformity between the returns of Canadian federal and provincial bonds. Furthermore, the return spreads between these debt instruments are shown to be white noise. Relying on tests for mean-variance spanning, we also show that market participants are...

In the energy-rich provinces of Western Canada, inequality rose over the past two decades while poverty declined, begging the question of whether the recent energy boom was a contributing factor. This study uses local labor market variation in energy extraction intensity to identify these...

We develop a monopolistic competition model of urban service consumption and production that includes spatial structure and property values. The model shows that the introduction of a new professional sports facility and team generates agglomeration effects that change the mix of services and...

Fifty years on we examine two key propositions in Neale's (1964)"Peculiar Economics": the need for competitors in sport to have opponents of similar ability in order to earn large revenues and the effect of frequent changes sports leagues' standings on consumer demand. We develop a consumer...

Professional sports teams receive large public subsidies for new facility construction. Empirical research suggests that these subsidies cannot be justified by tangible or intangible economic benefits. We develop a model of bargaining between local governments and teams over subsidies that...