This study uses a computable partial-equilibrium model of the U.S. energy industry to evaluate sulfur dioxide concentrations under two environmental policies. The policies, generator-level emission caps and tradable allowances, are selected to yield identical aggregate emissions. Regional...

Introductions of nonindigenous organisms into the United States have been linked to international trade. The individual contributions of imports, immigration, and international travel, however, are poorly understood because introduction dates are unavailable. We examine relationships between...

Causes and consequences of policy reform in utility industries continue to draw debate in US state legislatures. State commissions approve various deregulatory mechanisms in different industries at different times. In the telecommunications market state commissions adopted retail restructuring...

The central hypothesis of this study is that relationships develop systematically between referees and teams, and affect referees’ decisions. Referees’ travel distance to respective stadiums and count of matches refereed for respective teams are used to measure long-term relationships. We...

This study evaluates employers’ motives for screening job applicants’ personal characteristics and investigates implications of this practice for applicants using the Korean Human Capital Corporate Panel for 568 firms and five biannual periods, 2004-2012. The number of stages in recruiting,...

The Arab region’s notoriously high inequality of wealth stands in stark contrast to the unrelenting poverty aggravated by the onslaught of COVID. In a global perspective, one-third of the 20 most unequal countries today are Arab countries. Since the pre-COVID times, one-half of the 16...

Following Russia’s February invasion of Ukraine and the imposition of sanctions by countries worldwide, Russian population faces a crisis with deep but differentiated consequences across socioeconomic groups. We examine the evolution of earnings and societal earnings gaps throughout Vladimir...

Korean employers notoriously practice seniority-based personnel management, rather than one prioritizing workers’ skills or performance, and this has changed only slowly amid the evolving business landscape and advancing labor standards. This study contributes to understanding this phenomenon...

Recruitment at Chinese firms involves extensive screening of job applicants’ personal backgrounds in order to hire the most desirable workers. The exact rationale and nature of this practice is unclear. This study evaluates the market and regulatory conditions in which employers make their...

This study evaluates the role of reelection motives of state public service commissioners in the recent trend of deregulation in the gas distribution market. Competing-risk hazard models are used to explain when and which regulatory regime – retail restructuring, price cap or sliding-scale...