Business Commons^™

Workers’ Rights: Rethinking Protective Labor Legislation, Ronald G. Ehrenberg

Ronald G. Ehrenberg

This paper focuses on a few directions in which protective labor legislation might be expanded in the United States over the next decade and the implications of expansion in each area for labor markets. Specifically, it addresses the areas of hours of work, unjust dismissal, comparable worth, and plant closings. In each case, the discussion stresses the need to be explicit about how private markets have failed, the need for empirical evidence to test such market failure claims, the need for economic analysis of potential unintended side effects of policy changes, and the existing empirical estimates of the likely magnitudes …

Oportunidades De Desarrollo Productivo De La Población De Afectación Prioritaria En La Operación Estratégica Fontibón – Aeropuerto Eldorado – Engativá, Iván A. Rojas V

Iván Rojas V

The book analyzes the case of Operation Strategic Fontibón - Eldorado Airport - Engativa (OEFAE) and the implications on the urban economy of the city and potential opportunities for productive development for the population affected by the project in 2010 in Bogotá DC. El libro analiza el caso de la Operación Estrategica Fontibón - Aeropuerto ElDorado - Engativa (OEFAE) y las implicaciones sobre la economía urbana de la ciudad y las posibles oportunidades de desarrollo productivo para la población afectada por el proyecto en el 2010 en la ciudad de Bogotá DC.

Poverty Measures And Anti-Poverty Policy, Francois Bourguignon, Gary S. Fields

Gary S Fields

[Excerpt] Amartya Sen has made fundamental contributions to the study of distributional aspects of economic growth and decline. Among his pathbreaking works are his lectures on the economics of inequality (Sen, 1973), his article on the axiomatics of poverty measurement (Sen, 1976), and his book on anti-poverty policy in the context of famines (Sen, 1981). This paper is concerned with one of these areas, namely, the measurement of poverty and the implications for anti-poverty policy. In the 1960's and 1970's those who were working in the poverty field held a number of somewhat incompletely articulated views as to the extent …

Estimating The Effects Of Changing Social Security Benefit Formulas, Gary S. Fields, Olivia S. Mitchell

Gary S Fields

[Excerpt] The U.S. Social Security system faces serious financial difficulties in both the short and the long run. The short-run problem is that the system has very meager financial reserves. In the long run—after the year 2010, when the post-World-War-II baby-boom generation reaches retirement age—the financial problems of Social Security will intensify because of population aging and the consequent decline in the ratio of workers to retirees.

These problems have led to proposed reforms aimed at assuring the financial stability of the system. The question addressed here is: what effects would these reforms have on three variables—retirement ages, retirement incomes, …

The Impact Of Government Policies On Urban Employment In Small Economies, Gary S. Fields

Gary S Fields

[Excerpt] Most of the policies intended to affect urban employment are not specifically employment policies nor are they specifically urban. Rather, the amount of urban employment, the composition of that employment, and the returns from it are determined by a whole host of policies. To review them all in a short paper is an impossible undertaking. The criterion by which I decided which policies to consider is policy-relevance, asking which set of policies is apt to have the largest impact on employment.

Recent Legislation To Promote Wind Energy In Nebraska, Ryan Lemke

Department of Environmental Studies: Undergraduate Student Theses

Nebraska is currently ranked 4th in the nation for wind energy potential, but ranks low in actual wind power production. The lack of wind energy production could be the result of Nebraska’s unique public power districts that have eminent domain of distribution and retail sales of electricity in the State. Public Power districts are prohibited from receiving benefits of state and federal tax incentives for the development of wind farms, however some Nebraska power districts still pursue wind energy as a renewable source of energy.

Recent legislation changes, including the passing of laws LB629 and LB1048, have provided the State …

Employment In Construction And Distribution Industries: The Impact Of The New Jobs Tax Credit, John H. Bishop

John H Bishop

Excerpt] The New Jobs Tax Credit (NJTC) offers a tax credit of fifty percent of the first $4200 of wages per employee for increases in employment of more than two percent over the previous year. Economic theory predicts that such a tax credit should stimulate employment, decrease hours worked per week, and reduce product prices of the subsidized industries. A time series analysis of the construction, retailing, and wholesaling industries finds strong support for these hypotheses. Our results suggest that the NJTC was responsible for 150,000-670,000 of the more than 1-million increase in employment that occurred between mid-1977 and mid-1978 …

Holding The Line: Labor’S Safety & Health Movement, Lance A. Compa

Lance A Compa

[Excerpt] Is OSHA finally enforcing the law after years of laxity? Or, as most activists and analysts involved in safety and health believe, do the high-profile penalties constitute an attempt by OSHA to shore up its reputation? A recent independent federal study, the conclusions of which were confirmed by the agency's own consultants, found OSHA in a state of "total paralysis." Another, private, study by the National Safe Workplace Institute showed that OSHA's inspections are inadequate and untimely, that the agency consistently fails to insure that what hazards it does uncover are corrected, and that it often and unjustifiably reduces …

Job Loss: Causes, Consequences, And Policy Responses, Kristin F. Butcher, Kevin F. Hallock

Kevin F Hallock

From 2001 to 2003, 5.3 million workers were displaced. Beyond quantifying the numbers of jobs lost lie important questions about gains and losses from these changes and what policies may affect them. These questions will be addressed at an upcoming Chicago Fed conference.

Assessing The Impact Of Job Loss On Workers And Firms, Kristin F. Butcher, Kevin F. Hallock

Kevin F Hallock

Many economists agree that the United States’ openness to competition and technological change raises our living standards, but sometimes results in job losses. This article summarizes “Job Loss: Causes Consequences, and Policy Responses,” a conference which was cosponsored by the Federal Reserve Bank Chicago and the Joyce Foundation.

A System Dynamics Approach To Assessing Public Policy Impact On The Sustainable Growth Rate Of New Ventures, Jeff W. Trailer, Kuau Garsson

New England Journal of Entrepreneurship

The growth of firms is fundamentally based on self-reinforcing feedback loops, one of the most important of which involves cash flow. When profit margin is positive, sales generate cash, which may then be reinvested to finance the operating cash cycle. We analyze simulations of a sustainable growth model of a generic new venture to assess the importance of taxes, and regulatory costs in determining growth. The results suggest that new ventures are particularly vulnerable to public policy effects, since their working capital resource levels are minimal, and they have few options to raise external funds necessary to fuel their initial …

An Empirical Investigation Of A Model Of Environmentally Concerned Consumer Behavior And Its Determinants: The Moderating Role Of Market Mavenship And Product Involvement, Kishwar A. Joonas

Doctoral Dissertations

Extant literature offers incomplete explanations of environmentally concerned consumer behavior (ECCB), based on subsets of determinants. In this study, I have presented an integrated model of ECCB, and examined the main effects of three key psychological determinants (environmentally concerned beliefs and attitudes, personal norm, and perceived consumer effectiveness) and two key socio-cultural determinants (injunctive norm and collectivist orientation), on four dimensions of ECCB, namely purchase behavior, search for information, conserving behavior, and supporting intent. The study also examined the interactional effects of market mavenship and involvement on these direct linkages.

I conducted a national online survey among members of environmental …

On Students, Standards, Employers And Jobs, Chester Smolski

Smolski Texts

"The recent an first national census survey on hiring, training and management practices in business in this country statistically reaffirmed the complaints of business leaders made a decade ago--young people coming out of our schools are not ready nor qualified for the workplace."

New Development Is In For A Difficult Decade, Chester Smolski

Smolski Texts

"There is little question that during 1990s, proposed new development--whether residential, commercial or office--is going to be in for some rough going. Community aversion to development and what is perceived to be the resulting overcrowding, traffic and extra budget for schools, roads, water and sewage lines and other items pose major obstacles that developers are not encountering. It will likely worsen in the years ahead."

Looking To Suburban Malls For Lesson On Envisaged Providence Company, Chester Smolski

Smolski Texts

"During next month, some major decisions must be made that will have long-term effects on the future health and prosperity of our capital city's central business district. One of these decisions relates to the proposed establishment of a 'Providence Company,' a management and marketing organization for the downtown, recommended in the recently completed Carr, Lynch and Levine report on downtown Development."

Toward Optimal Utilization Of Water Resources: The “Physical Solution", Harrison C. Dunning

Western Water: Expanding Uses/Finite Supplies (Summer Conference, June 2-4)

18 pages.

Meeting Colorado’S Water Requirements: An Overview Of The Issues, David H. Getches

Colorado Water Issues and Options: The 90's and Beyond: Toward Maximum Beneficial Use of Colorado's Water Resources (October 8)

43 pages (includes tables and map).

Includes 3 pages of footnotes.

Key Factor To A Better City, Chester Smolski

Smolski Texts

"The Providence Charter Commission is now moving into the homestretch. After a full nine-month period in which more than 60 meetings were held, culminating in three public hearings in late June, the nine-member commission has gone back to the drawing board to review ideas, revise where deemed appropriate, and have a completed document ready in September. Voter acceptance in November, with General Assembly validation of certain provisions in 1981, will allow home rule for the state's capital city to become fully operational in January of 1983.

Role For Business Leaders In A Cleaner Downtown, Chester Smolski

Smolski Texts

"The recent sales promotion by the Providence Intown Merchants Association proved quite successful. Five-cent bus rides and bargain sales generated considerable business, especially on Saturday, normally a quiet day for retail sales in the downtown. This well illustrates what is possible when salesmanship and cooperation among downtown merchants are used to full advantage."