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Full-Text Articles in Economics

Cornering The Black Market: A Role For The Corner Store In Community Development, Seneca Vaught Sep 2012

Cornering The Black Market: A Role For The Corner Store In Community Development, Seneca Vaught

Seneca Vaught

This paper addresses these important themes by examining the impact of corner stores in two American cities: Buffalo, New York and Atlanta, Georgia. The paper illustrates how corner stores can effectively address unique demands in urban niche markets and the problems and possibilities these approaches present. The paper puts these developments into a historical, economic and spatial context that illustrates how neighborhood stores emerge and the dynamics of race, economics, and geography that they engage. Finally, the paper illustrates several models for effective small propriety grocers that specifically address issues of economic disparity and racial divisions, illustrating how these examples …


The Changing Distributions Of New Ph.D. Economists And Their Employment: Implications For The Future, Ronald Ehrenberg Aug 2012

The Changing Distributions Of New Ph.D. Economists And Their Employment: Implications For The Future, Ronald Ehrenberg

Ronald G. Ehrenberg

[Excerpt] Academic careers are no longer the be-all and end-all for economics Ph.D. students, and the findings and background provided by Siegfried and Stock help to explain why this is so. The median age at which individuals receive economics Ph.D.'s in the Siegfried and Stock sample is 32. While they are somewhat surprised at this finding, it parallels the experiences of many other fields. Increasingly, students are working before proceeding to doctoral studies. Often Ph.D. students in economics enter their programs after having spent several years working for government agencies or research consulting companies—work that has whetted their appetites for …


Do Economics Departments With Lower Tenure Probabilities Pay Higher Faculty Salaries?, Ronald Ehrenberg, Paul Pieper, Rachel Willis Aug 2012

Do Economics Departments With Lower Tenure Probabilities Pay Higher Faculty Salaries?, Ronald Ehrenberg, Paul Pieper, Rachel Willis

Ronald G. Ehrenberg

The simplest competitive labor market model asserts that if tenure is a desirable job characteristic for professors, they should be willing to pay for it by accepting lower salaries. Conversely, if an institution unilaterally reduces the probability that its assistant professors receive tenure, it will have to pay higher salaries to attract new faculty. Our paper tests this theory using data on salary offers accepted by new assistant professors at economics departments in the United States during the 1974-75 to 1980-81 period, along with data on the proportion of new Ph.D.s hired by each department between 1970 and 1980 that …