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Full-Text Articles in Income Distribution
Income Inequality In American Professional Sports Leagues, Joshua S. Thurman
Income Inequality In American Professional Sports Leagues, Joshua S. Thurman
Economics Undergraduate Honors Theses
Sports leagues provide an interesting window to view issues that larger economies face that are much harder to measure due to their complexity. These leagues have many policy tools similar to those used in major world economies such as minimum wage, price ceilings, labor unions, and revenue sharing, although the impact of these policies are much easier to measure in the closed economy model of a sports league because the income and output of every player in a given year is known. In this paper, I measure the level and trend of income inequality in the NBA, NFL, and MLB, …
Are Music Streaming Services Healthy For The Recorded Music Industry?, Elizabeth W. Pittman
Are Music Streaming Services Healthy For The Recorded Music Industry?, Elizabeth W. Pittman
Economics Undergraduate Honors Theses
To listen to music just a few hundred years ago would require hundreds of miles of travel, tons of wood and metal and ivory and copper strings, construction of a stage and audience platforms, human capital to perform the music of course, and lots of money. All of these variables would combine to produce an auditory experience of approximately 45 minutes total. Today, a single musician can produce the sound of dozens with just a laptop, and it can be consumed relatively cheaply with the click of a button. Digital services such as iTunes or Spotify give listeners access to …