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The Effect Of Low Skill Job Opportunities On Postsecondary Enrollment, Mallory Radesic 2021 The University of Akron

The Effect Of Low Skill Job Opportunities On Postsecondary Enrollment, Mallory Radesic

Williams Honors College, Honors Research Projects

This research examines the effect that low skill job opportunities have on the probability of enrollment in postsecondary institutions between men and women, namely the construction and manufacturing industries. The research is based on the human capital investment theory, which states that individuals will enroll in postsecondary institutions when the perceived benefits outweigh the costs. More job opportunity heightens the opportunity cost of enrollment, hence lowering the probability of enrollment. After running a probit model, there is evidence that enrollment is countercyclical and that enrollment decisions do not vary significantly between men and women. I find that a 1 percent ...


Impact Of Unemployment Insurance Benefit Generosity On Re-Employment Wages During The Great Recession, Hayden Cobb 2021 The University of Akron

Impact Of Unemployment Insurance Benefit Generosity On Re-Employment Wages During The Great Recession, Hayden Cobb

Williams Honors College, Honors Research Projects

This paper examines the impact of the replacement ratio on re-employment wages during the great recession. This is done using a data set from IPUMS CPS displaced workers supplement between 2005 and 2012. Using OLS analysis, I estimated the impacts of the replacement ratio on the ratio of re-employment wages to pre-unemployment wages. I found that a replacement ratio of one would lead to a 77.6% increase in the ratio of re-employment wages to pre-unemployment wages, without the consideration of any other variables. The findings of the replacement ratio support economic theory and contradict the findings of some major ...


Bringing Jobs To People: Improving Local Economic Development Policies, Timothy J. Bartik 2020 W.E. Upjohn Institute for Employment Research

Bringing Jobs To People: Improving Local Economic Development Policies, Timothy J. Bartik

Upjohn Institute Policy Papers

Many local labor markets in the United States suffer from low employment rates, but getting people to move out of these distressed areas is difficult. Moreover, moving people to job-rich regions does not help those left behind, as out-migration destroys jobs in distressed areas. A better way to help the residents of distressed areas is through local economic development policies that boost job growth and employment rates in a sustained fashion. Such policies can successfully encourage local business and job growth through business tax incentives, cash grants, or customized public services, such as advice to small businesses, job training, infrastructure ...


Tax Credits For Child Care Increase Take Up And May Help More Mothers Work, Gabrielle Pepin 2020 W.E. Upjohn Institute for Employment Research

Tax Credits For Child Care Increase Take Up And May Help More Mothers Work, Gabrielle Pepin

Upjohn Institute Policy Briefs

No abstract provided.


The Effects Of Child Care Subsidies On Paid Child Care Participation And Labor Market Outcomes: Evidence From The Child And Dependent Care Credit, Gabrielle Pepin 2020 W.E. Upjohn Institute for Employment Research

The Effects Of Child Care Subsidies On Paid Child Care Participation And Labor Market Outcomes: Evidence From The Child And Dependent Care Credit, Gabrielle Pepin

Upjohn Institute Working Papers

The Child and Dependent Care Credit (CDCC), a tax credit based on taxpayers’ income and child care expenses, reduces families’ child care costs. The nonrefundable federal CDCC is available to working families with children younger than 13 years old in all states, and nearly half of states supplement the federal credit with their own child care credits. The Economic Growth and Tax Relief Reconciliation Act expanded the federal CDCC in 2003, which led to differential increases in CDCC generosity across states and family sizes. I document CDCC eligibility and expenditures over time and across income and demographic groups. Using data ...


The Aftermath Of The Pandemic Recession: The Role Of Economic Development Policy, Timothy J. Bartik 2020 W.E. Upjohn Institute for Employment Research

The Aftermath Of The Pandemic Recession: The Role Of Economic Development Policy, Timothy J. Bartik

Presentations

No abstract provided.


Effects Of Minimum Wage Increase On Employment In Small And Medium-Sized Enterprises In Korea, Hyunah Kim 2020 University of California, Berkeley

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 ...


Hoop Dreams: An Empirical Analysis Of The Gender Wage Gap In Professional Basketball, Hailey DiCicco 2020 Ursinus College

Hoop Dreams: An Empirical Analysis Of The Gender Wage Gap In Professional Basketball, Hailey Dicicco

Business and Economics Summer Fellows

The gender wage gap is a very prominent point of discussion in the professional world, but in the sports world, it has taken the spotlight in recent years. One sport that has seen discussion and debate over salary differences is the National Basketball Association and Women’s National Basketball Association. In 2018, the average salary in the NBA was 6.4 million dollars, while the average salary in the WNBA was 71,635 dollars. A reason why these salaries are so differently is due to the amount of revenue that each league brings in. The NBA brings in roughly 7 ...


The Enduring Local Harm From Recessions, Brad J. Hershbein, Bryan A. Stuart 2020 W.E. Upjohn Institute for Employment Research

The Enduring Local Harm From Recessions, Brad J. Hershbein, Bryan A. Stuart

Employment Research Newsletter

No abstract provided.


Workforce Data (And Knowledge) Under Pressure, Joshua D. Hawley 2020 The Ohio State University

Workforce Data (And Knowledge) Under Pressure, Joshua D. Hawley

Employment Research Newsletter

No abstract provided.


Hoop Dreams: An Empirical Analysis Of The Gender Wage Gap In Professional Basketball, Hailey DiCicco 2020 Ursinus College

Hoop Dreams: An Empirical Analysis Of The Gender Wage Gap In Professional Basketball, Hailey Dicicco

Business and Economics Presentations

The gender wage gap is a very prominent point of discussion in the professional world, but in the sports world, it has taken the spotlight in recent years. One sport that has seen discussion and debate over salary differences is the National Basketball Association and Women’s National Basketball Association. In 2018, the average salary in the NBA was 6.4 million dollars, while the average salary in the WNBA was 71,635 dollars. A reason why these salaries are so differently is due to the amount of revenue that each league brings in. The NBA brings in roughly 7 ...


Estimating The Economic Impacts Of Gull Lake View Golf Club And Resort, Jim Robey, Stephen Biddle, Claudette Robey, Marie Holler, Brian Pittelko, Kathleen Bolter 2020 W.E. Upjohn Institute for Employment Research

Estimating The Economic Impacts Of Gull Lake View Golf Club And Resort, Jim Robey, Stephen Biddle, Claudette Robey, Marie Holler, Brian Pittelko, Kathleen Bolter

Reports

Gull Lake View Golf Club and Resort, located in Augusta, Michigan, operates several golf courses in the greater Kalamazoo region. A significant portion of its clients is not only from outside the region, but also outside the state of Michigan. Along with golf operations, Gull Lake View offers lodging, spa services, eating and drinking establishments, and meetings, weddings, and other events. The Resort wanted to better understand from where outside the region its patrons come and the economic impact resulting from the activities generated by these patrons.


Cost Estimations Of Potential Scholarship Programs For The Rockford Promise, George Erickcek 2020 W.E. Upjohn Institute for Employment Research

Cost Estimations Of Potential Scholarship Programs For The Rockford Promise, George Erickcek

Reports

This brief report presents a 10-year cost forecast for three possible Rockford Promise Scholarship programs: (1) A program that provides full, two-year, tuition scholarships for all Rockford Public School graduates who select to attend the Rock Valley College; (2) The scholarship is available for eligible students who enroll full-time at a partnering college or university in the fall following their high school graduation; and (3) The provision of an annual $4,000 scholarship for all Rockford Public School high school graduates for up to 4 years of college. The report concludes with comments on how the Rockford Promise may best ...


Economic Conditions In Fostoria, Ohio, Jim Robey, Claudette Robey, Marie Holler, Kathleen Bolter, Brian Pittelko 2020 W.E. Upjohn Institute for Employment Research

Economic Conditions In Fostoria, Ohio, Jim Robey, Claudette Robey, Marie Holler, Kathleen Bolter, Brian Pittelko

Reports

No abstract provided.


Assessing Community Needs: City Of Toledo And Lucas County, Ohio, Jim Robey, Stephen Biddle, Don Edgerly, Marie Holler, Brian Pittelko, Claudette Robey, Kathleen Bolter, Tom Schorgl 2020 W.E. Upjohn Institute for Employment Research

Assessing Community Needs: City Of Toledo And Lucas County, Ohio, Jim Robey, Stephen Biddle, Don Edgerly, Marie Holler, Brian Pittelko, Claudette Robey, Kathleen Bolter, Tom Schorgl

Reports

At the core of issues in Lucas County and, in particular, the City of Toledo is poverty. While this does not necessarily provide an “Aha!” moment, current conditions that contribute to being economically disadvantaged in many areas of the city and county affect not only current residents but will also affect future residents—without meaningful and targeted interventions. It is beyond the scope of the Toledo Community Foundation, or any single institution for that matter, to unilaterally address the range of issues presented in this study. Remedying these issues must be accomplished through the coordination and leveraging of resources, including ...


Socioeconomic Indicators And Economic Impact Analysis Of Firekeepers Casino And Hotel, Jim Robey 2020 W.E. Upjohn Institute for Employment Research

Socioeconomic Indicators And Economic Impact Analysis Of Firekeepers Casino And Hotel, Jim Robey

Reports

No abstract provided.


The Economic Impact Of The Manufacturing Extension Partnership (Mep), 2018, Jim Robey, Kathleen Bolter 2020 W.E. Upjohn Institute for Employment Research

The Economic Impact Of The Manufacturing Extension Partnership (Mep), 2018, Jim Robey, Kathleen Bolter

Reports

Analyses of the overall effect of individual state Manufacturing Extension Partnership (MEP) projects on corresponding states' economies for the year 2018.


Lessons Learned: A Conversation With Paul A. Volcker, Andrew Metrick, Rosalind Z. Wiggins, Kaleb B. Nygaard 2020 Yale University

Lessons Learned: A Conversation With Paul A. Volcker, Andrew Metrick, Rosalind Z. Wiggins, Kaleb B. Nygaard

Journal of Financial Crises

On March 26, 2019, Andrew Metrick, the Janet Yellen Professor of Finance at the Yale School of Management and Founder and Director of the Yale Program on Financial Stabilitysat down with Paul A. Volcker to discuss his perspectives on the Federal Reserve, central banking autonomy, “too big to fail,” and how his perspectives on these topics have changed over the decades.It turned out to be one of the last interviews given by the former Chairman of the Federal Reserve System who passed away on December 8, 2019, at the age of 92.


Warding Off Development Local Control, Housing Supply, And Nimbys, Evan Mast 2020 W.E. Upjohn Institute for Employment Research

Warding Off Development Local Control, Housing Supply, And Nimbys, Evan Mast

Upjohn Institute Policy Briefs

No abstract provided.


Warding Off Development: Local Control, Housing Supply, And Nimbys, Evan Mast 2020 W.E. Upjohn Institute for Employment Research

Warding Off Development: Local Control, Housing Supply, And Nimbys, Evan Mast

Upjohn Institute Working Papers

Local control of land-use regulation creates a not-in-my-backyard (NIMBY) problem that can suppress housing construction, contributing to rising prices and potentially slowing economic growth. I study how increased local control affects housing production by exploiting a common electoral reform—changing from “at-large” to “ward” elections for town council. These reforms, which are not typically motivated by housing markets, shrink each representative’s constituency from the entire town to one ward. Difference-in-differences estimates show that this decentralization decreases housing units permitted by 24 percent, with 47 percent and 12 percent effects on multi- and single-family units. The effect on multifamily is ...


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