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The minimum wage has increased in multiple states over the past three decades. Research has focused on effects on labor supply, but very little is known about how the minimum wage affects health, including children's health. We address this knowledge gap and provide an investigation focused on...
Persistent link: https://www.econbiz.de/10011502545
While there is now something of a consensus in the literature on the economics of happiness that income comparisons to … others help determine subjective wellbeing, debate continues over the relative importance of own and reference-group income … regarding happiness analysis, and in particular with respect to the measurement of reference-group income. We here use data from …
Persistent link: https://www.econbiz.de/10011295515
positive average effects on employment, earnings, and income, and generally negative effects on poverty rates, although the …
Persistent link: https://www.econbiz.de/10003736742
The paper takes the Leibnitz Integral Rule (LIR) under variable integration limits and demonstrates how it can be applied to a business firm's dynamic problem of determining its optimum level of investment activity, when the longevity (life span) of the investment is itself a variable determined...
Persistent link: https://www.econbiz.de/10012150020
Preferences for transport activities are often considered only in terms of time and money. Whilst congestion in automobile traffic increases costs by raising trip durations, the same is less obvious in public transport (PT), especially rail-based. This has lead many economic analyses to conclude...
Persistent link: https://www.econbiz.de/10009735718
We analyze changes in lending by U.S. banks to businesses during 1994 – 2011. We find thatlending to businesses and, in particular, to small businesses, declined precipitously followingonset of the financial crisis. We also examine the relative changes in business lending by banksthat did, and...
Persistent link: https://www.econbiz.de/10012857401
Can government spending have a large effect on private consumption and income? This paper uses a novel dataset on … federal government disaster-relief spending, combined with both household and state-level consumption, income and employment …
Persistent link: https://www.econbiz.de/10012961537
Aggregate bank-loan data reported by the FDIC show that bank lending to small businesses plummeted during 2009-2011 following the collapse of Lehman Brothers in Sep. 2008 and the onset of the financial crisis, and continued to decline during the post-crisis years 2012-2015. However, the number...
Persistent link: https://www.econbiz.de/10012900554
The US Government is the largest purchaser of goods and services in the WORLD spending over $400 Billion annually. This figure does not take into consideration the 2009 American Reinvestment and Recovery Act/Stimulus Funding. The government purchases everything from products to services...
Persistent link: https://www.econbiz.de/10014197023
This paper examines the effect of firms' lobbying activities on US federal grants. For an average firm in terms of grant amount and lobbying expenditures, my model indicates that one additional dollar in lobbying to the granting agency yields to a minimum increase in the federal grant of 3.54...
Persistent link: https://www.econbiz.de/10013406458