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Before 1996, households were typically ineligible for welfare if they had assets worth more than $1000, where $1500 from each vehicle's value was excluded from this determination. However, the 1996 welfare reform act began allowing states to increase their asset limits and vehicle exclusions....
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This paper examines the effects of salary caps on competitive balance in professional sports leagues in the United States. We find no evidence to suggest that salary caps improve competitive balance, as measured by the variation in wins between the best and worst teams in a league in a given...
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A minimum wage raises average wages along with modest increases in employees' average effort levels, generating a Pareto improvement in social welfare. The minimum wage reduces effort in the neighborhood of the minimum, but has no systematic effect on effort levels at higher wages. As a...
Persistent link: https://www.econbiz.de/10008507058
We examine how the decisions of churches are impacted by the decisions of rival churches. Using a novel dataset, we estimate a model of strategic interaction, which accounts for the location and denomination of churches. We focus on a church's decision of whether to provide a weekday child care...
Persistent link: https://www.econbiz.de/10010599050
We study racial discrimination by simultaneously selling identical products on eBay in pairs of auctions posted under different racially identifying names. We detect significant price differences, which are indicative of in-group biases. White names receive higher prices for distinctively white...
Persistent link: https://www.econbiz.de/10010573027
A series of laboratory experiments investigate potential differences in other-regarding behavior by age of participant. Specifically, a gift exchange experiment is conducted with eighth graders, high school seniors, undergraduates, and working adults, all with similar observable demographic...
Persistent link: https://www.econbiz.de/10010573918