Minimum wage. Michael Kevane Dept of Economics Santa Clara University
|
|
- Neil Gaines
- 5 years ago
- Views:
Transcription
1 Minimum wage Michael Kevane Dept of Economics Santa Clara University
2
3
4
5 Goals Listen and learn from each other about an important policy issue Be open to modify our stance in response to well-reasoned arguments, but also acknowledge that emotional responses are significant in how our brains arrive at preferences Agree that this issue, like many public policy issues, is extremely complex, and we should draw conclusions on the issue with humility rather than certainty Easier to agree that some outcome is probably not likely, than to agree that some outcome probably is likely Example: A modest rise in minimum wage is not likely to plunge an economy into significant recession. Why can we agree on this? Because in the history of reasonable minimum wage increases, this has never happened. The United States and California are huge, dynamic, and complex economies. A change in one sector typically cannot have large effects across the economy.
6
7 Goals Listen and learn from each other about an important policy issue Be open to modify our stance in response to well-reasoned arguments, but also acknowledge that emotional responses are significant in how our brains arrive at preferences Agree that this issue, like many public policy issues, is extremely complex, and we should draw conclusions on the issue with humility rather than certainty Easier to agree that some outcome is probably not likely, than to agree that some outcome probably is likely Example: A modest rise in minimum wage is not likely to plunge an economy into significant recession. Why can we agree on this? Because in the history of reasonable minimum wage increases, this has never happened. The United States and California are huge, dynamic, and complex economies. A change in one sector typically cannot have large effects across the economy.
8 A little math U.S. labor force about 155 million In 2014, 77.2 million workers age 16 and older in were paid at hourly rates, representing 58.7 percent of all wage and salary workers. Among those paid by the hour, 1.3 million earned exactly the prevailing federal minimum wage of $7.25 per hour. About 1.7 million had wages below the federal minimum. Together, these 3.0 million workers with wages at or below the federal minimum made up 3.9 percent of all hourly paid workers. At minimum wage of $7.25 and working 50 weeks times 40 hours = $14,500 year If the annual income of 3 million people went up by $5,500 a year, this is $16.5 billion a year Apple: The Company posted quarterly revenue of $46.9 billion and quarterly net income of $9 billion... These results compare to revenue of $51.5 billion and net income of $11.1 billion in the year-ago quarter
9 What are the questions up for discussion and action? Do we support a higher minimum wage? in our region in other regions for whole nation for some groups of workers (teens, sheepherders) Do we also want to consider other price-fixing laws? What criteria do we use to decide what prices need to be regulated, generally? Philosophical consistency guides political preferences, versus pragmatism? What evidence and methods of inference should be used to evaluate? Whose well-being matters? Should we argue from a self-interest perspective, a benevolent superior perspective, a tactical perspective, or a behind the veil perspective? How to add up welfare? How should we value divergent opinions about what matters?
10
11 What are the questions up for discussion and action? Do we support a higher minimum wage? in our region in other regions for whole nation for some groups of workers (teens, sheepherders) Do we also want to consider other price-fixing laws? What criteria do we use to decide what prices need to be regulated, generally? Philosophical consistency guides political preferences, versus pragmatism? What evidence and methods of inference should be used to evaluate? Whose well-being matters? Should we argue from a self-interest perspective, a benevolent superior perspective, a tactical perspective, or a behind the veil perspective? How to add up well-being? How should we value divergent opinions about what matters?
12
13 Objections to raising the minimum wage Businesses will respond by: cutting jobs raising prices investing more heavily in labor-saving technology leaving the state And so low-wage employment will be lower Low-wage earners might earn lower incomes, or distribution of incomes might become more unequal See, for example, James Shirk, californias-unprecedented-minimum-wage-increase-will-hurt-vulnerable-workers, accessed Oct 28, 2016
14 An ideal empirical study Different geographic regions in the United States would randomly be assigned to different minimum wages In some regions no inter-region migration would be permitted, in other regions migration would be as normal Any major changes occurring in regions after the minimum wage changes would be measured (e.g. hurricane destroying the city) Several years later, outcomes would be measured Controlling for other major events, differences between treatment and control groups would be «effect» of minimum wage External validity remains an issue: Experience in one five year period (of general growth, say, might not be experience in a five year period of recession) Varied effects might important: the average effect may not be that interesting if effects vary widely across regions
15 Note: migration and turnover matter for outcomes Imagine San Francisco county raises minimum wage to $14 500,000 workers in labor force Unemployment rate of about 3% (so 15,000 workers unemployed, suppose all unemployment among higher wage earners) Suppose 20% of workers earning less than $14 (suppose all earn $10 now) Suppose minimum wage has no effect on aboveminimum wages or jobs, suppose minimum wage causes low wage employment to decline by 5% (workers given more hours, labor-saving machinery used)
16 Migration and turnover So effects might be: Wages for the working poor rise by 40% (from 10 to 14) Unemployment rate goes up from 3% to 4% (now 20,000 total unemployed: add 5,000 newly unemployed low wage earners) So 95,000 workers see incomes rise by 40% 5,000 workers see incomes go to zero? If low-wage turnover means typical worker works 70% of the year, then on average all workers expected to be at least as well off But note- turnover may be a response to minimum wage Suppose rise in wage causes 30,000 low-wage workers to migrate in so now there are 130,000 low-wage workers, and 95,000 jobs so if work spread out equally, on average are getting $10 an hour
17 An ideal empirical study Different geographic regions in the United States would randomly be assigned to different minimum wages In some regions no inter-region migration would be permitted, in other regions migration would be as normal Any major changes occurring in regions after the minimum wage changes would be measured (e.g. hurricane destroying the city) Several years later, outcomes would be measured Controlling for other major events, differences between treatment and control groups would be «effect» of minimum wage External validity remains an issue: Experience in one five year period (of general growth, say, might not be experience in a five year period of recession) Varied effects might important: the average effect may not be that interesting if effects vary widely across regions So even our ideal empirical study is tremendously complex And since we cannot randomly assign minimum wages, have to further take into account that minimum wage law changes respond to labor market conditions
18 Consensus opinion amongst economists In recent years there have been important developments in the academic literature on the effect of increases in the minimum wage on employment, with the weight of evidence now showing that increases in the minimum wage have had little or no negative effect on the employment of minimum-wage workers, even during times of weakness in the labor market. Research suggests that a minimum-wage increase could have a small stimulative effect on the economy as low-wage workers spend their additional earnings, raising demand and job growth, and providing some help on the jobs front.
19 Seattle study of early effects of going from $9.50 to $11 After Seattle raised its minimum wage, lowwage workers employment, hours and wages all rose substantially. Neighboring areas that had similar trends in these variables before the increase and that, by the way, were also bound by the highest state minimum wage in the country when the increase took effect saw even larger employment and hours gains. (But quite a flawed study)
THE STATE OF THE UNIONS IN 2011: A PROFILE OF UNION MEMBERSHIP IN LOS ANGELES, CALIFORNIA AND THE NATION 1
THE STATE OF THE UNIONS IN 2011: A PROFILE OF UNION MEMBERSHIP IN LOS ANGELES, CALIFORNIA AND THE NATION 1 Lauren D. Appelbaum UCLA Institute for Research on Labor and Employment 2 Ben Zipperer University
More informationIMMIGRATION AND THE LABOUR MARKET
Briefing Paper 1.6 www.migrationwatchuk.org IMMIGRATION AND THE LABOUR MARKET Summary 1 The Government assert that the existence of 600,000 vacancies justifies the present very large scale immigration
More informationImmigrants are playing an increasingly
Trends in the Low-Wage Immigrant Labor Force, 2000 2005 THE URBAN INSTITUTE March 2007 Randy Capps, Karina Fortuny The Urban Institute Immigrants are playing an increasingly important role in the U.S.
More informationGlobal Employment Trends for Women
December 12 Global Employment Trends for Women Executive summary International Labour Organization Geneva Global Employment Trends for Women 2012 Executive summary 1 Executive summary An analysis of five
More informationThe Impact of Ireland s Recession on the Labour Market Outcomes of its Immigrants
The Impact of Ireland s Recession on the Labour Market Outcomes of its Immigrants Alan Barrett and Elish Kelly Economic and Social Research Institute October 2010 Structure of the talk Some pictures of
More informationQuarterly Labour Market Report. February 2017
Quarterly Labour Market Report February 2017 MB14052 Feb 2017 Ministry of Business, Innovation and Employment (MBIE) Hikina Whakatutuki - Lifting to make successful MBIE develops and delivers policy, services,
More informationCURRENT ANALYSIS. Growth in our own backyard... March 2014
93619 CURRENT ANALYSIS March 14 Composition of the Canadian population % of total adult population 15+ 8 6 4 2 14.1.9 14.9 42.5 * Labour Force Participation Rate % of Population in the Labour Force 69
More informationLatino Workers in the Ongoing Recession: 2007 to 2008
Report December 15, 2008 Latino Workers in the Ongoing Recession: 2007 to 2008 Rakesh Kochhar Associate Director for Research, Pew Hispanic Center The Pew Hispanic Center is a nonpartisan research organization
More informationDocumentation and methodology...1
Table of contents Documentation and methodology...1 Chapter 1 Overview: Policy-driven inequality blocks living-standards growth for low- and middle-income Americans...5 America s vast middle class has
More informationTHE STATE OF THE UNIONS IN 2009: A PROFILE OF UNION MEMBERSHIP IN LOS ANGELES, CALIFORNIA AND THE NATION 1
THE STATE OF THE UNIONS IN 2009: A PROFILE OF UNION MEMBERSHIP IN LOS ANGELES, CALIFORNIA AND THE NATION 1 Lauren D. Appelbaum UCLA Institute for Research on Labor and Employment Ben Zipperer University
More informationSTATE OF WORKING FLORIDA
STATE OF WORKING FLORIDA 2017 The State of Working Florida 2017 analyzes the period from 2005 through 2016 and finds that while Florida s economic and employment levels have recovered from the Great Recession
More informationTHE STATE OF THE UNIONS IN 2007: A PROFILE OF UNION MEMBERSHIP IN LOS ANGELES, CALIFORNIA AND THE NATION 1
THE STATE OF THE UNIONS IN 2007: A PROFILE OF UNION MEMBERSHIP IN LOS ANGELES, CALIFORNIA AND THE NATION 1 Ruth Milkman and Bongoh Kye UCLA Institute for Research on Labor and Employment September 2007
More informationREPORT. Third Anniversary of the Recovery Shows Job Growth for Women Slowed by Public Sector Job Losses. (July 2012)
Third Anniversary of the Recovery REPORT PAGE 1 UNEMPLOYMENT REPORT Third Anniversary of the Recovery Shows Job Growth for Women Slowed by Public Sector Job Losses (July 2012) The deep recession that began
More informationGROWTH AMID DYSFUNCTION An Analysis of Trends in Housing, Migration, and Employment SOLD
GROWTH AMID DYSFUNCTION An Analysis of Trends in Housing, Migration, and Employment SOLD PRODUCED BY Next 10 F. Noel Perry Colleen Kredell Marcia E. Perry Stephanie Leonard PREPARED BY Beacon Economics
More information$15. Bigger paychecks, more good jobs, & thriving communities. Why raising the minimum wage is good for everyone in North Carolina.
Bigger paychecks, more good jobs, & thriving communities March 2019 Why raising the minimum wage is good for everyone in North Carolina By ALLAN FREYER, DIRECTOR A FOUR-PART SERIES FROM $15 per hour by
More informationModule 5 Review Guide
Module 5 1 of 5 Module 5 Review Guide Economist Adam Smith Karl Marx John Maynard Keynes Beliefs/Ideologies... o Laissez-faire No government intervention. o Let the market work on its own. o Individuals
More informationMADE IN THE U.S.A. The U.S. Manufacturing Sector is Poised for Growth
MADE IN THE U.S.A. The U.S. Manufacturing Sector is Poised for Growth For at least the last century, manufacturing has been one of the most important sectors of the U.S. economy. Even as we move increasingly
More informationCH 19. Name: Class: Date: Multiple Choice Identify the choice that best completes the statement or answers the question.
Class: Date: CH 19 Multiple Choice Identify the choice that best completes the statement or answers the question. 1. In the United States, the poorest 20 percent of the household receive approximately
More informationPopulation growth and economic growth: a tidy knot? Herb Emery, Vaughan Chair in Regional Economics
Population growth and economic growth: a tidy knot? Herb Emery, Vaughan Chair in Regional Economics Does the regional economy have a population growth problem or Does the population have an economic growth
More informationPost-Secondary Education, Training and Labour September Profile of the New Brunswick Labour Force
Post-Secondary Education, Training and Labour September 2018 Profile of the New Brunswick Labour Force Contents Population Trends... 2 Key Labour Force Statistics... 5 New Brunswick Overview... 5 Sub-Regional
More informationFISCAL POLICY INSTITUTE
FISCAL POLICY INSTITUTE Learning from the 90s How poor public choices contributed to income erosion in New York City, and what we can do to chart an effective course out of the current downturn Labor Day,
More informationLesson 10 What Is Economic Justice?
Lesson 10 What Is Economic Justice? The students play the Veil of Ignorance game to reveal how altering people s selfinterest transforms their vision of economic justice. OVERVIEW Economics Economics has
More informationREMITTANCE TRANSFERS TO ARMENIA: PRELIMINARY SURVEY DATA ANALYSIS
REMITTANCE TRANSFERS TO ARMENIA: PRELIMINARY SURVEY DATA ANALYSIS microreport# 117 SEPTEMBER 2008 This publication was produced for review by the United States Agency for International Development. It
More informationIMMIGRATION AND THE UK S PRODUCTIVITY CHALLENGE
Date: 6 July 2015 Author: Jonathan Portes IMMIGRATION AND THE UK S PRODUCTIVITY CHALLENGE This article is the second in a series of articles commissioned by NASSCOM, the premier trade body and the chamber
More informationMacroeconomic Implications of Shifts in the Relative Demand for Skills
Macroeconomic Implications of Shifts in the Relative Demand for Skills Olivier Blanchard* The views expressed in this article are those of the authors and do not necessarily reflect the position of the
More informationThe U.S. Economy and Alaska Migration
The U.S. Economy and Alaska Migration By Neal Fried, Economist A historical connection between the two orth to Alaska N Way up north, (North to Alaska.) Way up north, (North to Alaska.) North to Alaska,
More informationAnswer THREE questions, ONE from each section. Each section has equal weighting.
UNIVERSITY OF EAST ANGLIA School of Economics Main Series UG Examination 2016-17 GOVERNMENT, WELFARE AND POLICY ECO-6006Y Time allowed: 2 hours Answer THREE questions, ONE from each section. Each section
More informationFOR IMMEDIATE RELEASE
! FOR IMMEDIATE RELEASE May 3, 2018 Contact: Sage Welch 415.453.0430 New studies track low-wage earners fleeing California, even as the number of low-paying jobs increase High-wage earners continue to
More informationPromoting Work in Public Housing
Promoting Work in Public Housing The Effectiveness of Jobs-Plus Final Report Howard S. Bloom, James A. Riccio, Nandita Verma, with Johanna Walter Can a multicomponent employment initiative that is located
More informationGone to Texas: Migration Vital to Growth in the Lone Star State. Pia Orrenius Federal Reserve Bank of Dallas June 27, 2018
Gone to Texas: Migration Vital to Growth in the Lone Star State Pia Orrenius Federal Reserve Bank of Dallas June 27, 2018 Roadmap History/Trends in migration to Texas Role in economic growth Domestic migration
More information3Demographic Drivers. The State of the Nation s Housing 2007
3Demographic Drivers The demographic underpinnings of long-run housing demand remain solid. Net household growth should climb from an average 1.26 million annual pace in 1995 25 to 1.46 million in 25 215.
More informationPatrick Adler and Chris Tilly Institute for Research on Labor and Employment, UCLA. Ben Zipperer University of Massachusetts, Amherst
THE STATE OF THE UNIONS IN 2013 A PROFILE OF UNION MEMBERSHIP IN LOS ANGELES, CALIFORNIA AND THE NATION 1 Patrick Adler and Chris Tilly Institute for Research on Labor and Employment, UCLA Ben Zipperer
More informationOlder Immigrants in the United States By Aaron Terrazas Migration Policy Institute
Older Immigrants in the United States By Aaron Terrazas Migration Policy Institute May 2009 After declining steadily between 1960 and 1990, the number of older immigrants (those age 65 and over) in the
More informationThe textile industry in Ukraine
The textile industry in Ukraine Introduction International competition and globalisation constantly makes it necessary for companies in any line of business to seek minimisation of production costs. However,
More informationThe task-specialization hypothesis and possible productivity effects of immigration
The task-specialization hypothesis and possible productivity effects of immigration 1. Purpose The purpose of this project is to investigate the task-specialization hypothesis and possible productivity
More informationIncreasing the Minimum Wage in Miami Beach
TESTIMONY Testimony of Laura Huizar National Employment Law Project Increasing the Minimum Wage in Miami Beach Hearing before the City of Miami Beach Finance and Citywide Projects Committee June 3, 2016
More informationCross-State Differences in the Minimum Wage and Out-of-state Commuting by Low-Wage Workers* Terra McKinnish University of Colorado Boulder and IZA
Cross-State Differences in the Minimum Wage and Out-of-state Commuting by Low-Wage Workers* Terra McKinnish University of Colorado Boulder and IZA Abstract The 2009 federal minimum wage increase, which
More information10/11/2017. Chapter 6. The graph shows that average hourly earnings for employees (and selfemployed people) doubled since 1960
Chapter 6 1. Discuss three US labor market trends since 1960 2. Use supply and demand to explain the labor market 3. Use supply and demand to explain employment and real wage trends since 1960 4. Define
More informationNBER WORKING PAPER SERIES WHY DON T MORE PUERTO RICAN MEN WORK? THE RICH UNCLE (SAM) HYPOTHESIS. María E. Enchautegui Richard B.
NBER WORKING PAPER SERIES WHY DON T MORE PUERTO RICAN MEN WORK? THE RICH UNCLE (SAM) HYPOTHESIS María E. Enchautegui Richard B. Freeman Working Paper 11751 http://www.nber.org/papers/w11751 NATIONAL BUREAU
More information6/4/2009. The Labor Market, Income, and Poverty. Microeconomics: Principles, Applications, and Tools O Sullivan, Sheffrin, Perez 6/e.
1 of 37 2 of 37 Income, and Poverty Recent reports on the earnings of college graduates have made the jobs of college recruiters easier. P R E P A R E D B Y FERNANDO QUIJANO, YVONN QUIJANO, AND XIAO XUAN
More informationA Really Bad Idea. Figure 1. February 11, Exports as % of World GDP, : 32% 1989: 19% By William W. Priest, CEO 30% 15% 0% 1999
February 11, 2009 By William W. Priest, CEO A Really Bad Idea A recent article in the Wall Street Journal entitled Crisis Fuels Backlash on Trade described how the Buy American drive in the U.S. has led
More informationInequality in the Labor Market for Native American Women and the Great Recession
Inequality in the Labor Market for Native American Women and the Great Recession Jeffrey D. Burnette Assistant Professor of Economics, Department of Sociology and Anthropology Co-Director, Native American
More informationMonthly Census Bureau data show that the number of less-educated young Hispanic immigrants in the
Backgrounder Center for Immigration Studies July 2009 A Shifting Tide Recent Trends in the Illegal Immigrant Population By Steven A. Camarota and Karen Jensenius Monthly Census Bureau data show that the
More informationGlobalisation of Markets
Globalisation of Markets Definition of globalisation (1) The geographic dispersion of industrial and service activities, for example research and development, sourcing of inputs, production and distribution,
More informationImmigrant Employment and Earnings Growth in Canada and the U.S.: Evidence from Longitudinal data
Immigrant Employment and Earnings Growth in Canada and the U.S.: Evidence from Longitudinal data Neeraj Kaushal, Columbia University Yao Lu, Columbia University Nicole Denier, McGill University Julia Wang,
More informationThe ten years since the start of the Great Recession have done little to address
BUDGET & TAX CENTER December 2017 ENJOY READING THESE REPORTS? Please consider making a donation to support the Budget & tax Center at www.ncjustice.org MEDIA CONTACT: PATRICK McHUGH 919/856-2183 patrick.mchugh@ncjustice.org
More informationHas Globalization Helped or Hindered Economic Development? (EA)
Has Globalization Helped or Hindered Economic Development? (EA) Most economists believe that globalization contributes to economic development by increasing trade and investment across borders. Economic
More informationUnemployment Rises Sharply Among Latino Immigrants in 2008
Report February 12, 2009 Unemployment Rises Sharply Among Latino Immigrants in 2008 Rakesh Kochhar Associate Director for Research, Pew Hispanic Center The Pew Hispanic Center is a nonpartisan research
More informationWorld of Labor. John V. Winters Oklahoma State University, USA, and IZA, Germany. Cons. Pros
John V. Winters Oklahoma State University, USA, and IZA, Germany Do higher levels of education and skills in an area benefit wider society? Education benefits individuals, but the societal benefits are
More informationNAWS Research. Jeff Perloff
NAWS Research Jeff Perloff The Advantage of the NAWS Dataset In contrast to previously available datasets, the NAWS covers much of the seasonal agricultural parts of the country uses random sampling covers
More informationDuring the early 1990s, recession
Employment Transitions in Oregon s Wood Products Sector During the 1990s Ted L. Helvoigt, Darius M. Adams, and Art L. Ayre ABSTRACT New data indicate that only 51 percent of workers displaced from the
More informationINTERNATIONAL MIGRATION IN THE AMERICAS
INTERNATIONAL MIGRATION IN THE AMERICAS SICREMI 2012 EXECUTIVE SUMMARY Organization of American States Organization of American States INTERNATIONAL MIGRATION IN THE AMERICAS Second Report of the Continuous
More informationPhoenix from the Ashes: The Recovery of the Baltics from the 2008/09 Crisis
Phoenix from the Ashes: The Recovery of the Baltics from the 2008/09 Crisis Baltic International Centre for Economic Policy Studies and Stockholm School of Economics Riga Seminar, 29 May 2018 Bas B. Bakker
More informationWage Gap Widens as Wages Fail to Keep Pace with Productivity
Index: 2000 = 100 Wage Gap Widens as Wages Fail to Keep Pace with Productivity Michael Renner January 30, 2013 T he economic crisis in 2008 was one of the harsher signs that economic globalization has
More informationTHE PORTUGUESE ORGANIZATION FOR SOCIAL SERVICES AND OPPORTUNITIES SAN JOSE, CALIFORNIA EVALUATION OF THE 2008 ELECTIONS
The Portuguese American Citizenship Project A non-partisan initiative to promote citizenship and civic involvement THE PORTUGUESE ORGANIZATION FOR SOCIAL SERVICES AND OPPORTUNITIES SAN JOSE, CALIFORNIA
More informationFourth High Level Dialogue on Financing for Development. United Nations, New York, March 2010.
The impact of the current financial and economic crisis on foreign direct investment and other private flows, external debt and international trade in emerging market economies Fourth High Level Dialogue
More informationRural Poverty in Canada. Robert Annis and Lonnie Patterson Rural Development Institute Brandon University
Rural Poverty in Canada Robert Annis and Lonnie Patterson Rural Development Institute Brandon University Presentation Overview Poverty as a Human Rights Issue Poverty in Canada Poverty in Rural Canada
More informationThe New Geography of Jobs. Enrico Moretti University of California at Berkeley
1 The New Geography of Jobs Enrico Moretti University of California at Berkeley The Labor Market is Improving 2 3 The Improvement is Uneven Unemployment rate in Austin, TX: 3.3% San Francisco, CA: 3.5%
More informationChapter 4 Specific Factors and Income Distribution
Chapter 4 Specific Factors and Income Distribution Chapter Organization Introduction The Specific Factors Model International Trade in the Specific Factors Model Income Distribution and the Gains from
More informationARTICLES. Poverty and prosperity among Britain s ethnic minorities. Richard Berthoud
Poverty and prosperity among Britain s ethnic minorities Richard Berthoud ARTICLES Recent research provides evidence of continuing economic disadvantage among minority groups. But the wide variation between
More informationWage Rigidity and Spatial Misallocation: Evidence from Italy and Germany
Wage Rigidity and Spatial Misallocation: Evidence from Italy and Germany Tito Boeri 1 Andrea Ichino 2 Enrico Moretti 3 Johanna Posch 2 1 Bocconi 2 European University Institute 3 Berkeley 10 April 2018
More informationFRBSF ECONOMIC LETTER
FRBSF ECONOMIC LETTER 212-1 April 2, 212 Why Has Wage Growth Stayed Strong? BY MARY DALY, BART HOBIJN, AND BRIAN LUCKING Despite a severe recession and modest recovery, real wage growth has stayed relatively
More informationInternational Trade Theory College of International Studies University of Tsukuba Hisahiro Naito
International Trade Theory College of International Studies University of Tsukuba Hisahiro Naito The specific factors model allows trade to affect income distribution as in H-O model. Assumptions of the
More information1 of 5 17.04.2009 15:10 Version A Name Date Listening: Cities and Growth You will hear a 15-minute report on the benefits and problems of urbanisation. First, listen to each of the three parts and do true/false
More informationNFU Seasonal Labour Survey: Results & Analysis
NFU Seasonal Labour Survey: Results & Analysis Report contributors: Author, Hayley Campbell-Gibbons, NFU Chief Horticulture & Potatoes Adviser Data collection and analysis, David Clifford, NFU Research
More informationVista. The Texas Mexico border is a fast-growing region, a complex blend of U.S. and Mexican cultures, languages and customs.
Federal Reserve Bank of Dallas San Antonio Branch South Economic Trends and Issues Issue 2, 2005 Cyclical Differences Emerge in Border City Economies S Vista ince the implementation of NAFTA, the South
More informationThe State of. Working Wisconsin. Update September Center on Wisconsin Strategy
The State of Working Wisconsin Update 2005 September 2005 Center on Wisconsin Strategy About COWS The Center on Wisconsin Strategy (COWS), based at the University of Wisconsin-Madison, is a research center
More informationWHAT THIS NOTICE CONTAINS. BASIC INFORMATION... Page 2. WHO IS IN THE CLASS SETTLEMENT... Page 2. THE SETTLEMENT BENEFITS WHAT YOU GET...
NOTICE OF PENDENCY OF CLASS ACTION SETTLEMENT AND FINAL APPROVAL HEARING Frank Ortegon-Ramirez v. Cedar Fair, L.P., et al. SUPERIOR COURT OF CALIFORNIA, COUNTY OF SANTA CLARA (CASE NO. 1-13-CV-254098)
More informationCommunicating a Systematic Monetary Policy
Communicating a Systematic Monetary Policy Society of American Business Editors and Writers Fall Conference City University of New York (CUNY) Graduate School of Journalism New York, NY October 10, 2014
More informationThe State of Working Connecticut 2011: Wages, Job Sector Changes, and the Great Recession
The State of Working Connecticut 2011: Wages, Job Sector Changes, and the Great Recession Sarah Esty Orlando Rodriguez, M.A. December 2011 Produced with the generous support of the Melville Charitable
More informationThe New Geography of Jobs. Enrico Moretti University of California at Berkeley
1 The New Geography of Jobs Enrico Moretti University of California at Berkeley 2 Outline 1. Document growing differences in economic success of cities and regions 2. What explains these growing differences?
More informationThe Road to Hell. The effectiveness of international aid to Africa and an exploration of alternatives for the future. Tami Fawcett
The Road to Hell The effectiveness of international aid to Africa and an exploration of alternatives for the future Tami Fawcett 10/8/2012 Global Studies 322 Professor Naseem Badiey Introduction Over the
More informationLabour migration after EU enlargement ESTONIA. Siiri Otsmann Labour Policy Information and Analysis Department Ministry of Social Affairs
Labour migration after EU enlargement ESTONIA Siiri Otsmann Labour Policy Information and Analysis Department Ministry of Social Affairs Contents Background information Research and statistics Main features
More informationPennsylvania Population on the Move:
Center for Economic and Community Development Penn State University Park, PA December 2018 Pennsylvania Population on the Move: 2000-17 A Graphic Update 2000-17 Population Labor Force Household Income
More informationStudy Questions for George Reisman's Capitalism: A Treatise on Economics
Study Questions for George Reisman's Capitalism: A Treatise on Economics Copyright 1998 by George Reisman. All rights reserved. May not be reproduced in any form without written permission of the author,
More informationChapter 10 Worker Mobility: Migration, Immigration, and Turnover
Chapter 10 Worker Mobility: Migration, Immigration, and Turnover Summary Chapter 9 introduced the human capital investment framework and applied it to a wide variety of issues related to education and
More informationIncome Inequality in the United States Through the Lens of Other Advanced Economies
Mia DeSanzo Wealth & Power Major Writing Assignment 3/3/16 Income Inequality in the United States Through the Lens of Other Advanced Economies Income inequality in the United States has become a political
More informationSUMMARY LABOUR MARKET CONDITIONS POPULATION AND LABOUR FORCE. UNRWA PO Box Sheikh Jarrah East Jerusalem
UNRWA PO Box 19149 Sheikh Jarrah East Jerusalem +97225890400 SUMMARY The Gaza labour market in secondhalf 2010 (H2 2010) showed growth in employment and unemployment relative to H2 2009. Comparing H1 and
More informationRecruiting Computer & Network Operators and Web Technicians in Canada, the United States, the United Kingdom and Ireland
Recruiting Computer & Network Operators and Web Technicians in Canada, the United States, the United Kingdom and Ireland Demand for Computer & Network Operators in Calgary Computer and Network Operators
More informationCase Evidence: Blacks, Hispanics, and Immigrants
Case Evidence: Blacks, Hispanics, and Immigrants Spring 2010 Rosburg (ISU) Case Evidence: Blacks, Hispanics, and Immigrants Spring 2010 1 / 48 Blacks CASE EVIDENCE: BLACKS Rosburg (ISU) Case Evidence:
More informationI AIMS AND BACKGROUND
The Economic and Social Review, pp xxx xxx To Weight or Not To Weight? A Statistical Analysis of How Weights Affect the Reliability of the Quarterly National Household Survey for Immigration Research in
More informationWhat are the impacts of an international migration quota? Third Prize 1 st Year Undergraduate Category JOSH MCINTYRE*
What are the impacts of an international migration quota? Third Prize 1 st Year Undergraduate Category JOSH MCINTYRE* Abstract The UK already has strict migration guidelines in place, but with the Conservative
More information"How can Social Innovation contribute to reaching the poverty reduction target of Europe 2020" hosted by Hon. Lope Fontagné MEP (ES, EPP) 3 March 2016
"How can Social Innovation contribute to reaching the poverty reduction target of Europe 2020" hosted by Hon. Lope Fontagné MEP (ES, EPP) 3 March 2016 Speaking points for Manuela Geleng, Acting Director,
More informationREGIONAL DISPARITIES IN EMPLOYMENT STRUCTURES AND PRODUCTIVITY IN ROMANIA 1. Anca Dachin*, Raluca Popa
REGIONAL DISPARITIES IN EMPLOYMENT STRUCTURES AND PRODUCTIVITY IN ROMANIA 1 Anca Dachin*, Raluca Popa Academy of Economic Studies of Bucharest Piata Romana, No. 6, Bucharest, e-mail: ancadachin@yahoo.com
More informationHow Immigration Affects Workers: Two Wrong Models and a Right One
How Immigration Affects Workers: Two Wrong Models and a Right One Ethan Lewis Immigration has been in the news a lot recently, along with many strong claims about how it harms workers. This article reviews
More informationRural and Urban Migrants in India:
Rural and Urban Migrants in India: 1983-2008 Viktoria Hnatkovska and Amartya Lahiri July 2014 Abstract This paper characterizes the gross and net migration flows between rural and urban areas in India
More informationWhat is a paragraph? A group of sentences that form. The purpose of a paragraph is to ILLUMINIATE, explain, or illustrate the thesis.
What is a paragraph? A group of sentences that form a unit of thought, ONE BRIGHT IDEA The purpose of a paragraph is to ILLUMINIATE, explain, or illustrate the thesis. Unity: the state of being ONE Single
More informationCHAPTER 2: SECTION 1. Economic Systems
Three Economic Questions CHAPTER 2: SECTION 1 Economic Systems All nations in the world must decide how to answer three economic questions about the production and distribution of goods. (See Transparency
More informationWhat are the potential benefits and pitfalls of a free trade area in the Southern African region
Development Policy Research Unit University of Cape Town What are the potential benefits and pitfalls of a free trade area in the Southern African region DPRU Policy Brief No. 01/P8 February 2001 DPRU
More informationFor the First Time, More Poor People Live in the Suburbs than in Cities * : Suburban Poverty in America
For the First Time, More Poor People Live in the Suburbs than in Cities * : Suburban Poverty in America While poverty in general is a huge debate in America the country of endless opportunities suburban
More informationA Barometer of the Economic Recovery in Our State
THE WELL-BEING OF NORTH CAROLINA S WORKERS IN 2012: A Barometer of the Economic Recovery in Our State By ALEXANDRA FORTER SIROTA Director, BUDGET & TAX CENTER. a project of the NORTH CAROLINA JUSTICE CENTER
More informationThe impact of Chinese import competition on the local structure of employment and wages in France
No. 57 February 218 The impact of Chinese import competition on the local structure of employment and wages in France Clément Malgouyres External Trade and Structural Policies Research Division This Rue
More informationDoes Immigration Harm Native-Born Workers? A Citizen's Guide
Does Immigration Harm Native-Born Workers? A Citizen's Guide Don Mathews, Director, Reg Murphy Center and Professor of Economics, College of Coastal Georgia* April 17, 2016 *School of Business and Public
More informationExecutive Summary. Figures provided by the U.S. Census Bureau 1 demonstrate that teen employment prospects are dismal:
Executive Summary As the Great Recession persists, unemployment remains a key concern in Montana and the nation as a whole. Although the jobs situation in Montana is somewhat better than the national average,
More informationWho is Leaving the Food Stamp Program? An Analysis of Caseload Changes from 1994 to 1997
Who is Leaving the Food Stamp Program? An Analysis of Caseload s from 1994 to 1997 United States Department of Agriculture Office of Analysis, Nutrition, and Evaluation Food and Nutrition Service March
More informationPolicy brief ARE WE RECOVERING YET? JOBS AND WAGES IN CALIFORNIA OVER THE PERIOD ARINDRAJIT DUBE, PH.D. Executive Summary AUGUST 31, 2005
Policy brief ARE WE RECOVERING YET? JOBS AND WAGES IN CALIFORNIA OVER THE 2000-2005 PERIOD ARINDRAJIT DUBE, PH.D. AUGUST 31, 2005 Executive Summary This study uses household survey data and payroll data
More informationStudy Questions (with Answers) Lecture 18 Preferential Trading Arrangements
Study Questions (with Answers) Page 1 of 6(7) Study Questions (with Answers) Lecture 18 Preferential Trading Arrangements Part 1: Multiple Choice Select the best answer of those given. 1. Which of the
More informationSince this chapter looks at economics systems and globalization, we will also be adding Chapter 15 which deals with international trade.
Monday, January 30 Tuesday, January 31 Since this chapter looks at economics systems and globalization, we will also be adding Chapter 15 which deals with international trade. Three Economic Questions
More informationYouth unemployment in South Africa: causes and counter-measures
Youth unemployment in South Africa: causes and counter-measures South Africa is currently struggling with large unemployment amongst the youth. The National Development Plan has identified a number of
More informationAn Overview of the Atlantic Canadian Economy
An Overview of the Atlantic Canadian Economy A presentation to the 16 th Annual Conference of The Food Industry Credit Bureau Presentation by Wade Locke, Department of Economics, Memorial University Sheraton
More information