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2003

Labor Economics

Articles 1 - 11 of 11

Full-Text Articles in Business

Estimating Auction Revenues For The Proposed Fcc Sale Of 3g Spectrum For Broadband And Advanced Wireless Services, Peter Cramton Dec 2003

Estimating Auction Revenues For The Proposed Fcc Sale Of 3g Spectrum For Broadband And Advanced Wireless Services, Peter Cramton

Peter Cramton

No abstract provided.

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Benchmarking Study Of The Small Business Environment In Saginaw County, George A. Erickcek, Brad R. Watts Nov 2003

Benchmarking Study Of The Small Business Environment In Saginaw County, George A. Erickcek, Brad R. Watts

Reports

No abstract provided.

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A Meta-Analysis Of Government-Sponsored Training Programs, David H. Greenberg, Charles Michalopoulos, Philip K. Robins Oct 2003

A Meta-Analysis Of Government-Sponsored Training Programs, David H. Greenberg, Charles Michalopoulos, Philip K. Robins

Economics Articles and Papers

This study uses meta-analysis to synthesize findings from 31 evaluations of 15 voluntary government-funded training programs for the disadvantaged that operated between 1964 and 1998. On average, the earnings effects of the evaluated programs seem to have been largest for women, quite modest for men, and negligible for youths. For men and women, the earnings effects of training appear to have persisted for at least several years after the training was complete. Classroom skills training was apparently effective in increasing earnings, but basic education was not. There is no evidence that more expensive training programs performed better than less expensive …

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Hot Jobs Or Not So Hot? Outlook For Maine's Women Workers, Bureau Of Labor Education. University Of Maine Apr 2003

Hot Jobs Or Not So Hot? Outlook For Maine's Women Workers, Bureau Of Labor Education. University Of Maine

Bureau of Labor Education

There are currently many upbeat analyses of the best and highest paying “hot new jobs” available to women workers in the first decade of the 21st century. Presumably, these career choices will offer such desirable things as good wages, decent benefits, creative and interesting work, and opportunities for advancement. However, while many individual women may benefit from such career advice, the sad fact is that the largest occupations available to women workers in Maine will continue to be pathways primarily to low wages, disappearing benefits, and dismal economic security. This briefing paper focuses on four basic questions concerning Maine’s women …

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Upset Pricing In Auction Markets: An Overview, Peter Cramton, Susan Athey, Allan Ingraham Mar 2003

Upset Pricing In Auction Markets: An Overview, Peter Cramton, Susan Athey, Allan Ingraham

Peter Cramton

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.

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Competitive Bidding Behavior In Uniform-Price Auction Markets, Peter Cramton Mar 2003

Competitive Bidding Behavior In Uniform-Price Auction Markets, Peter Cramton

Peter Cramton

For Duke Energy.

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Rebuttal Addendum: Assessment Of Submissions Of The California Parties, Peter Cramton Mar 2003

Rebuttal Addendum: Assessment Of Submissions Of The California Parties, Peter Cramton

Peter Cramton

No abstract provided.

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Competitive Bidding Behavior In Uniform-Price Auction Markets, Peter Cramton Mar 2003

Competitive Bidding Behavior In Uniform-Price Auction Markets, Peter Cramton

Peter Cramton

Profit-maximizing bidding in uniform price auction markets involves bidding above marginal cost. It therefore is not surprising that such behavior is observed in electricity markets. Common bidding behavior such as “hockey stick” bids easily are explained by suppliers determining their supply offers to maximize profits. This incentive to bid above marginal cost is not the result of coordinated action among the bidders. Rather, each bidder is independently selecting its bid to maximize profits based on its estimate of the residual demand curve it faces. Profit-maximizing bidding does not mean that “the sky’s the limit.” Typically, bidders are limited in how …

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Class Distinctions For The Global Economy, Aaron W. Hughey Feb 2003

Class Distinctions For The Global Economy, Aaron W. Hughey

Counseling & Student Affairs Faculty Publications

No abstract provided.

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Electricity Market Design: The Good, The Bad, And The Ugly, Peter Cramton Jan 2003

Electricity Market Design: The Good, The Bad, And The Ugly, Peter Cramton

Peter Cramton

This paper examines principles of market design as applied to electricity markets. I illustrate the principles with examples of both good and bad designs. I discuss one of the main design challenges—dealing with market power. I then discuss FERC’s choice of a standard market design.

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Bargaining For Competitiveness: Law, Research, And Case Studies, Richard N. Block Editor Jan 2003

Bargaining For Competitiveness: Law, Research, And Case Studies, Richard N. Block Editor

Upjohn Press

This book offers an analysis of the relationship among collective bargaining, firm competitiveness, and employment protections and creation in the United States. The contributors provide an overview of the legal framework and the economic and industrial relations research on collective bargaining, competitiveness, and employment, then follow with four case studies that provide insights into the process of collective bargaining and its current status in the evolving U.S. labor-management system.

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