This paper studies the effect of labor relations on product quality. We consider whether a
long, contentious strike and the hiring of permanent replacement workers by
Bridgestone/Firestone in the mid-1990s contributed to the production of an excess
number of defective…

In 1987 the federal government permitted states to raise the speed limit on their rural interstate roads, but not on their urban interstate roads, from 55 mph to 65 mph for the first time in over a decade. Since the…

Descripción completa.

Descripción completa.

This paper reviews and interprets the literature on the effect of
school resources on students‘ eventual earnings and educational
attainment. In addition, new evidence is presented on the impact
of the great disparity in school resources between black and white

The paper studies the determination of wages in the British coal
industry. A utility—maximising model of a trade union is used to
represent the behaviour of the National Union of Mineworkers. A non-
linear structural model is derived and is…

Unlike existing models which rely heavily on assumptions regarding unions’
distributional preferences, we present a very simple model in which union
seniority-layoff rules and rising seniority-wage profiles result from
optimal price discrimination against the firm. Surprisingly, even when
cash transfers…

The labor supply of female household heads is distributed across a wide
variety of hours and weeks choices. This papers explores the differential
nature of the weeks per year and hours per week decisions among female heads.
A model of…

In this paper we set out a simple model of optimal schooling investments that
emphasizes the interaction between schooling choices and income determination; and
estimate it using a fresh sample of data on over 700 identical twins. According to the…

The US unemployment insurance system is financed by an experience-rated
payroll tax. The system imposes a layoff or firing cost on employers, leading
them to fire fewer workers in a downturn and hire fewer workers in an upturn.
Increases in…