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Springing from a once vacant neighborhood plot are neatly combed rows of crops planted by local residents. They meticulously care for this small piece of land, and soon enough, patches of green sprout...
This paper was funded by the Labor Project for Working Families through a grant from the David and Lucile Packard Foundation. Michael Reich, Ph.D., Professor of Economics at University of California...
Outsourcing, Wages and Benefits     Outsourcing  Wages  Benefits       2015/9/21
Outsourcing of labor services grew substantially during the 1980s and 1990s and was associated with lower wages, fewer benefits, and lower rates of unionization. The authors focus on two occupations ...
Concerns about nutrient pollution in the Chesapeake Bay have led to the establishment of pollution limits—total maximum daily loads (TMDLs)—which, by 2025, are expected to reduce nitrogen loadings t...
The investment approach says that, as long as the rate of return to investment is positive, we need to invest less than a dollar today to obtain a dollar of benefi ts in the future. Under the inve...
Recent turmoil in the financial markets raises questions about whether and by how much monetary policy should deviate from its regular, more systematic, responses to economic conditions. Whether it ...
The first luncheon was held in 1948 in Cleveland.2 Winthrop Aldrich spoke. He was President of Chase National Bank, then the largest bank in the United States. Aldrich called his talk “The Managem...
This paper quantifies the economic benefits associated with the introduction of greater spatial granularity in short-term pricing in the California wholesale electricity market. On April 1, 2009...
All wholesale electricity markets currently operating in the United States are unlikely to yield significant consumer benefits relative to the former vertically-integrated monopoly regime because of...
The assumption of expected profit-maximizing bidding behavior in a multi-unit, multi-period auction with step-function supply curves is used to estimate cost functions for electricity generatio...
My name is Frank Wolak and I am the Holbrook Working Professor of Commodity Price Studies in Department of Economics and the Director of Stanford’s Program on Energy and Sustainable Development at Sta...
The Determination of Unemployment Benefits.
Unemployment Benefits As a Substitute for a Conservative Central Banker.
The price indexation of Social Security benefit payments has emerged in recent years as a flashpoint of debate in the United States. I characterize the direct effects that changes in that price index ...
I investigate an unexplored benefit of being privately-held: Non-SEC-filing private firms' ability to disclose confidential information to selected investors minimizes the scope for information asymme...

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