The Department of Health and Human Services recently finalized a regulation requiring drug manufacturers to offer rebates directly to consumers rather than paying rebates to insurers providing benefits under Medicare Part D. Both the current and incoming administrations support tying Medicare...

This paper develops a theory of the unemployed individual's choice of how much effort to devote to search. The term effort involves two choice variables, time and money. Specific attention is given to the role of unemployment contingent income and the probability of obtaining employment without...

I argue against the popular view that young Black men experience more joblessness than their White counterparts because they have priced themselves out of the labor market. The seemingly excessive reservation wages of jobless young Black men, what they ...

This study investigates determinants of the male-female unionization differential. Logit analysis is used to estimate three union membership equations, using data taken from the May 1976 Current Population Survey. Standard human capital measures, plus location, race, and sex, are first included...

Investigates the male labor supply function based on individual household data. Factors that determine wages; Effect of education level on market work; Description of labor supply function; Regression analysis of a labor supply model; Results. (Abstract copyright EBSCO.)