The signing of the Food Security Act of 1985 (FSA 85), by President Reagan in December 1985 culminated a lengthy deliberation process involving food producing and consuming groups throughout the United States. During the debate, an analysis of a wide range of policy options for the 1985 Farm...

On July 27, 1993 a multidisciplinary committee was formed at Iowa State University to provide preliminary estimates for the economic effects of the 1993 floods on Iowa's agricultural enterprises. This report summarizes the committee's initial estimates of the losses by broad economic category;...

A better understanding of the relationship between a state's agricultural sector and the national agricultural economy increases the ability of agricultural interest groups to anticipate and understand policy developments. This paper develops and documents a state-level model of the Iowa...

By allowing agents to switch from entrepreneurship to wage work and vice versa over the life cycle, this study proposes a dynamic Jacks-of-All-Trades (JAT) model where entrepreneurs invest in highly varied skills to manage their business. We simultaneously endogenize human capital investment and...

This study examines long-term effects of a minimum wage increase using an innovative identification strategy based on categorising workers according to their predicted marginal revenue products. It finds that the increase had a large and persistent disemployment effects on low-paid workers and...

Sri Lanka's Termination of Employment of Workmen Act (TEWA) requires that firms with 15 or more workers justify layoffs and provide generous severance pay to displaced workers, with smaller firms being exempted. Although formally subject to TEWA, firms in Export Promotion Zones (EPZs) do not...