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The North American Free Trade Agreement (NAFTA) was signed by President William Jefferson Clinton in 1992. Although NAFTA is a trade and tariff initiative it has profound consequences for labor and the U.S. economy. Since its implementation NAFTA has resulted in the permanent elimination of more...
Persistent link: https://www.econbiz.de/10014219755
Our analysis of the market for professional baseball players shows that domestic labor-market restrictions have reduced domestic employment, especially of African-Americans, with employers instead shifting employment overseas. Our theoretical model suggests that, in 1965, the imposition of both...
Persistent link: https://www.econbiz.de/10014093101
Risky health behaviors such as smoking, drinking alcohol, drug use, unprotected sex, and poor diets and sedentary lifestyles (leading to obesity) are a major source of preventable deaths. This chapter overviews the theoretical frameworks for, and empirical evidence on, the economics of risky...
Persistent link: https://www.econbiz.de/10009307506
This paper examines the effects of recent welfare reforms in the US and UK on the well-being of children in low-income families, looking specifically at the effects on poverty, family expenditures, and child health and development. The paper finds some commonalities but also some notable...
Persistent link: https://www.econbiz.de/10012758781
This paper provides a critique of the U.S. Health Care system compared to other OECD (Organization for Economic Co-operation and Development) nations and extends the work of previous research in four ways. First, we identify which OECD countries have better longevity outcomes than other OECD...
Persistent link: https://www.econbiz.de/10013313421
We hypothesize that the impact of antibiotics is moderated by a population's inherent (genetic) resistance to infectious disease. Using the introduction of sulfa drugs in 1937, we show that US states that are more genetically susceptible to infectious disease saw larger declines in their...
Persistent link: https://www.econbiz.de/10013334486
Temporary help services (THS) firms are increasing their hiring of disadvantaged individuals and claiming more subsidies for doing so. Do these subsidies—the Work Opportunity Tax Credit (WOTC) and Welfare-to-Work Tax Credit (WtW)—create incentives that improve employment outcomes for THS...
Persistent link: https://www.econbiz.de/10003633902
This paper examines the impact of downward wage rigidity (nominal and real) on optimal steady-state inflation. For this purpose, we extend the workhorse model of Erceg, Henderson and Levin (2000) by introducing asymmetric menu costs for wage setting. We estimate the key parameters by simulated...
Persistent link: https://www.econbiz.de/10003832636
While it is well known that some areas of the United States receive more immigrants than others, less is understood about the extent to which the character of immigration varies as well. There is much broader geographic variation in the skill and demographic composition of immigrants than...
Persistent link: https://www.econbiz.de/10003910738
Despite evidence that skilled labor is increasingly concentrated in cities, whether regional wage inequality is predominantly due to differences in skill levels or returns is unknown. We compare Appalachia, with its wide mix of urban and rural areas, to other parts of the U.S., and find that...
Persistent link: https://www.econbiz.de/10003858875