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Articles 1 - 10 of 10
Full-Text Articles in Economics
Worker Overconfidence: Field Evidence And Implications For Employee Turnover And Firm Profits, Mitchell Hoffman, Stephen Burks
Worker Overconfidence: Field Evidence And Implications For Employee Turnover And Firm Profits, Mitchell Hoffman, Stephen Burks
Economics & Management Publications
Combining weekly productivity data with weekly productivity beliefs for a large sample of truckers over 2 years, we show that workers tend to systematically and persistently overpredict their productivity. If workers are overconfident about their own productivity at the current firm relative to their outside option, they should be less likely to quit. Empirically, all else equal, having higher productivity beliefs is associated with an employee being less likely to quit. To study the implications of overconfidence for worker welfare and firm profits, we estimate a structural learning model with biased beliefs that accounts for many key features of the …
Jobs Don’T Grow On Trees, Nicholas Johnson
Jobs Don’T Grow On Trees, Nicholas Johnson
Undergraduate Research Symposium 2013
Most contemporary macroeconomic models account for unemployment by making the simplifying assumptions that 1) there is an equilibrium level of unemployment and that 2) when the economy is not at that level it will tend towards equilibrium. Implicit in these models is also the assumption that the actual behavior of unemployment does not affect the equilibrium level. This paper joins a growing number of economists pointing out that such assumptions are false: the equilibrium does depend on past behavior, a trait called hysteresis. This paper considers the hysteresis hypothesis by using an iterated version of OLS to construct a series …
Renegotiating Gender And Class In The Berry Fields Of Michoacán, Mexico, Donna Chollett
Renegotiating Gender And Class In The Berry Fields Of Michoacán, Mexico, Donna Chollett
Anthropology Publications
This article examines the renegotiation of gender and class in a rural Mexican community where economic crisis in the sugar industry led foreign agribusinesses to promote blackberry and raspberry production for export and hire primarily women as berry pickers. Analysis focuses on the transition from a sugar economy where mostly men worked in the cane fields to non-traditional agricultural exports when women entered agricultural waged labor in unprecedented numbers. This restructuring of the regional economy raises important questions regarding the marginalization of differentiated subaltern groups and the nature of new sets of power relations between transnational agribusinesses, berry growers, and …
From Sugar To Blackberries: Restructuring Agro-Export Production In Michoacán, Mexico, Donna Chollett
From Sugar To Blackberries: Restructuring Agro-Export Production In Michoacán, Mexico, Donna Chollett
Anthropology Publications
In recent years, economic crisis in the sugar industry and the closure of an important sugar mill in Michoacán, Mexico, have fostered the entry of transnational agribusinesses that contract with local growers for blackberry production. Land concentration is under way as wealthy growers rent ejido (agrarian-reform) land to grow berries and small-scale growers shift to less capitalized berry production or migrate out of the region. An analysis of the impact of this transition, part of the globalization of the agro-food system, on campesinos, workers, and their communities reveals that a general improvement in the economy has been accompanied by increased …
Culture, Ideology, And Community: The Dynamics Of Accommodation And Resistance To Restructuring Of The Mexican Sugar Sector, Donna Chollett
Culture, Ideology, And Community: The Dynamics Of Accommodation And Resistance To Restructuring Of The Mexican Sugar Sector, Donna Chollett
Anthropology Publications
Neoliberalism has provoked profound and diverse consequences for rural Mexico, escalating the agricultural crisis for producers and workers in various sectors. Against this context, recent improvements in the sugar sector raise interesting questions about its relative economic success under the neoliberal paradigm. This article contrasts two cane zones--one that experienced economic recovery and another affected by abandonment of the sugar mill--to argue that in the interstices of modernizing neoliberalism, cane growers and mill workers who were subjected to politics of exclusion struggle to ensure the survival of their culture, community, and economic livelihood.
Restructuring The Mexican Sugar Industry: Campesinos, The State, And Private Capital, Donna Chollett
Restructuring The Mexican Sugar Industry: Campesinos, The State, And Private Capital, Donna Chollett
Anthropology Publications
Under the new agrarian policies and economic rules of Article 27, implemented in January 1992, the customary patters of political patronage and loyalty in the countryside no longer operate as before. Campesions now are challenged to think and act like entrepreneurs who assume investment risks in order to successfully participate in competitive markets. But most possess neither the economic resources nor worldviews to be the “campesino entrepreneurs” sought by the government or by the leaders of the Confederación Nacional Campesina (CNC) and the Confederación Nacional de Productores Rurales (CNPR), the two campesino confederations affiliated to the ruling PRI. This contradiction …
State Divestment, Reprivatization, And Peasants: Dialectical Transformations Within The Mexican Sugar Sector, Donna Chollett
State Divestment, Reprivatization, And Peasants: Dialectical Transformations Within The Mexican Sugar Sector, Donna Chollett
Anthropology Publications
The last decade has seen a critical reassessment of the role of the state in economic development, accompanied by substantial economic restructuring of Third World economies. One of the most profound manifestations of this transformation is the process of privatization. The sale of Mexico's state-owned sugar mills to private capital marks a historical turning point for the sugar sector and provides an opportunity to analyze the impact of privatization on rural communities, as peasants adjust to the changing structure of production and renegotiate their relationship with the Mexican state and the reprivatized sugar mill. The research examines reprivatization through a …
Economic Linkages: Greater Minnesota And The Twin Cities, Kathy Novak
Economic Linkages: Greater Minnesota And The Twin Cities, Kathy Novak
Journal of the Minnesota Academy of Science
No abstract provided.
The Change In Factors Affecting Physician Choice Of Practice Location: A Comparison Of Younger And Older Rural And Metropolitan Physicians, Theodore M. Breu
The Change In Factors Affecting Physician Choice Of Practice Location: A Comparison Of Younger And Older Rural And Metropolitan Physicians, Theodore M. Breu
Journal of the Minnesota Academy of Science
This study uses multiple discriminant analysis to derive the factors that physicians deem important in their decisions about where to locate their medical practices. Older physicians are compared to younger physicians both within rural areas and within metropolitan areas. Three of the top four discriminating variables for the youngest doctors were influence of the preceptorship period, preference of the spouse, and the repayment of a forgiveness loan. For the oldest group of doctors, two of the top three discriminating variables were the opportunity to join a desirable two-person partnership, and the perception of a high medical need in the area.
Regional Variations In The Utilization Of Labor: Analysis Of Employment-Population Ratios For Selected Years, 1970-1984, A. Maureen O'Brien
Regional Variations In The Utilization Of Labor: Analysis Of Employment-Population Ratios For Selected Years, 1970-1984, A. Maureen O'Brien
Journal of the Minnesota Academy of Science
Consideration of the movement of jobs and people can highlight regional variations in economic performance. The employment-population ratio reflects these movements and measures the success of the economy at providing jobs. To investigate the uneven inter- and intraregional distribution of the effects of recession and recovery, this study compares employment-population ratios in the major regions of the nation, the state of Minnesota, and northeastern Minnesota with national trends. The results indicate that, relative to developments in the nation and the state, the recent recession of 1980-1982 was more severe and the recovery has been slower m northeastern Minnesota. The ability …