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greater amount of crime than non-tourist ones in the short and long run. Following the literature of the economics of crime à … la Becker (Crime and Punishment: An Economic Approach, 1968) and Enrlich (Participation in Illegitimate Activities: A … test whether total crime in Italy is affected by the presence of tourists. Findings confirm the initial intuition of a …
Persistent link: https://www.econbiz.de/10010309603
's log wage is a function of education, experience, and race. We analyze this approach in a context where individuals live …
Persistent link: https://www.econbiz.de/10010331911
Pakistanis) who immigrated to the USA are compared to the corresponding majority groups from the same country (e.g., the British …
Persistent link: https://www.econbiz.de/10012012109
Proposition 209 banned the use of racial preferences in admissions at public colleges in California. We analyze unique data for all applicants and enrollees within the University of California (UC) system before and after Prop 209. After Prop 209, minority graduation rates increased by 4.35...
Persistent link: https://www.econbiz.de/10011603323
Persistent link: https://www.econbiz.de/10011696892
the 1930s and the 2000s, unemployment increased sharply, but crime and the severity of punishment, instead of rising …
Persistent link: https://www.econbiz.de/10011644576
I apply the Johansen and Swensen (1999, 2004) method of testing exact rational expectations within the cointegrated VAR (Vector Auto-Regressive) model, to testing the New Keynesian (NK) model. This method permits the testing of rational expectation systems, while allowing for non-stationary...
Persistent link: https://www.econbiz.de/10010295321
The CobbDouglas function is today one of the most widely adopted assumptions in economic modeling, yet both its theoretical and empirical bases have long been under question. This paper builds an alternative function on very different (albeit also neoclassical) microfoundations aimed at both...
Persistent link: https://www.econbiz.de/10010307562
Using microeconomic data sets from the United States and the Netherlands, this study considers how agents perceive characteristics that are discriminated against. It uses the examples of beauty and height to examine whether: 1) Absolute or relative differences in a characteristic affect...
Persistent link: https://www.econbiz.de/10010331913
A central issue in estimating the employment effects of minimum wages is the appropriate comparison group for states (or other regions) that adopt or increase the minimum wage. In recent research, Dube et al. (Rev Econ Stat 92:945-964, 2010) and Allegretto et al. (Ind Relat 50:205-240, 2011)...
Persistent link: https://www.econbiz.de/10011606558