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Full-Text Articles in Labor Economics

Professor Seeborg Says Covid Drives Retirements, But It's Not Best Time For Everyone, Dana Vollmer Dec 2020

Professor Seeborg Says Covid Drives Retirements, But It's Not Best Time For Everyone, Dana Vollmer

Interviews for WGLT

On average, about 2 million people retire annually, but the Pew Research Center reports for 2020 that figure is already more than 3.2 million. Emeritus Professor of Ecconomics Mike Seeborg said that's a major reversal in the prior trend of delaying retirement, and talks about what's driving this change with WGLT's Dana Vollmer.


Affirmative Action And Mismatch: Evidence From Statewide Affirmative Action Bans, Leon Ren Oct 2020

Affirmative Action And Mismatch: Evidence From Statewide Affirmative Action Bans, Leon Ren

Undergraduate Economic Review

This paper empirically evaluates the mismatch hypothesis by exploiting the quasi-experimental variation in the adoption of statewide affirmative action bans. Specifically, this paper examines the effect of such bans on minority graduation rates using a difference-in-difference, synthetic control, and triple-difference approach. My results suggest that statewide affirmative action bans are associated with an increase in minority graduation rates, consistent with the mismatch hypothesis, at highly selective institutions. Moreover, mismatch effects are not confined to science, technology, engineering, and math (STEM) majors. JEL Codes: I28, J15


Effects Of Minimum Wage Increase On Employment In Small And Medium-Sized Enterprises In Korea, Hyunah Kim Jul 2020

Effects Of Minimum Wage Increase On Employment In Small And Medium-Sized Enterprises In Korea, Hyunah Kim

Undergraduate Economic Review

In Korea, where SMEs dominantly provide most of the jobs in labor market, how SMEs respond to an increase in the minimum wage in terms of employment can be a critical factor of job provision in Korean labor market. This paper mainly examines the effect of the minimum wage increase on employment in SMEs in Korea by using a difference-in-differences methodology, and finds that raising the minimum wage has on average significantly reduced total employment in all sizes of SMEs relative to large enterprises. The finding in this paper suggests that raising the minimum wage rate may incur loss of …


Effect Of Unemployment Length On Employment Expectations, Kamyar Kamyar May 2020

Effect Of Unemployment Length On Employment Expectations, Kamyar Kamyar

Undergraduate Economic Review

Unemployment often has devastating effects on individuals -- both in financial and psychological terms. Depending on the type and category of unemployment, its length varies; and as its length increases it may implement biased thought in individuals’ predictions regarding future employment. This paper’s primary purpose is to measure and discuss how the time length that one has been unemployed for affects his or her expectations on his or her own short-term possibility of employment. The results suggest a strong opposite link between one’s prediction of future employment and the same person’s prior unemployment period. This paper was originally written in …


Effects Of Relative Position On Success In Dancing Competitions - Lessons For Discrimination In Recruitment Processes, Jan P. Ringling Mar 2020

Effects Of Relative Position On Success In Dancing Competitions - Lessons For Discrimination In Recruitment Processes, Jan P. Ringling

Undergraduate Economic Review

This article argues that there exists a further reason for discrimination beside taste and statistics, based on cognitive bias in the human thought process. The order in which one appears to recruiters in the hiring process also influences the chances of being hired in a non-linear way. When the characteristics of particular groups of people correlate with their order in which they appear in the hiring process, they stand a higher or lower chance of being hired. Preliminary evidence based on the results of the United Kingdoms largest student dancing competition supports this hypothesis, but finds only a …


Poverty And Labor Force Participation Across Metropolitan Philadelphia, Zachary J. Porreca Feb 2020

Poverty And Labor Force Participation Across Metropolitan Philadelphia, Zachary J. Porreca

Undergraduate Economic Review

This study utilizes data drawn from municipalities across the Philadelphia metropolitan area to examine trends in poverty amongst communities.While some research has been done on urban and rural poverty, this paper seeks to fill the gap in literature regarding poverty across the subksnurban and metropolitan landscape. A multiple regression model is specified, so as to provide an in depth analysis of observed trends. The central hypothesis that a relationship exists between poverty and labor force participation is tested and affirmed. The implication of this finding, as well as auxiliary findings, are explored and expanded upon. Recommendations are made for more …