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This paper examines tax return-generated data on the labor force behavior of people
before and after they receive inheritances. The results are consistent with Andrew Camegie’s
century-old assertion that large inheritances decrease a person's labor force participation. For
example, a…

This paper examines the determinants of wages and fringe benefits in the fast
food industry- The focus of the paper is on exploring differences between
company-owned and franchised restaurants because agency problems are likely to
affect the management and operation…

This paper uses two data sets to examine the impact of the potential
duration of unemployment insurance (UI) benefits on the duration of
unemployment and the time pattern of the escape rate from unemployment in the
United States. The first…

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