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作者:Scheve, KF; Slaughter, MJ
作者单位:Yale University; Dartmouth College; National Bureau of Economic Research
摘要:This paper uses three years of individual-level data to analyze the determinants of individual preferences over immigration policy in the United States. We have two main empirical results. First, less-skilled workers are significantly more likely to prefer limiting immigrant inflows into the United States. Our finding suggests that, over the time horizons that are relevant to individuals when evaluating immigration policy, individuals think that the U.S, economy absorbs immigrant inflows at le...
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作者:Aaronson, D
作者单位:Federal Reserve System - USA; Federal Reserve Bank - Chicago
摘要:This paper tests a textbook consequence of competitive markets: that an industry-wide increase in the price of labor is passed on to consumers through an increase in prices. Using several data sources on restaurant prices, I explore the price impact of minimum-wage hikes in Canada and the United States. Particular attention is paid to the timing of the-se price responses to gauge the stickiness of minimum-wage cost shocks. I find that restaurant prices generally rise with changes in the wage b...
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作者:Snyder, CM; Trost, RP; Trunkey, RD
作者单位:George Washington University
摘要:In a privatization competition, private contractors bid against an in-house team to perform a governmental function that is currently performed by the in-house team. The Department of Defense initiated 3,500 privatization competitions from 1978 to 1994, generating estimated annual savings of $1.46 billion. We estimate a reduced-form model of the savings from these competitions that takes into account the premature cancellation of some competitions and the censoring of the in-house bid at curre...
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作者:Holtz-Eakin, D; Phillips, JWR; Rosen, HS
作者单位:Syracuse University; University of Pennsylvania; Princeton University
摘要:Critics argue that the estate tax prevents the owners of family businesses from passing their enterprises to heirs because it is difficult to pay estate taxes without liquidating the business. Why don't owners purchase enough life insurance to meet their estate tax liabilities? We examine whether and how people use life insurance to deaf with the estate tax. We find that, ceteris paribus, business owners purchase more life insurance than do other individuals. However, on the margin, their insu...