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Labor Economics

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2001

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Full-Text Articles in Social and Behavioral Sciences

Employee Ownership After Privatization: Governance Institutions And Firm Performance In Romania, John S. Earle, ÁLmos Telegdy Dec 2001

Employee Ownership After Privatization: Governance Institutions And Firm Performance In Romania, John S. Earle, ÁLmos Telegdy

Reports

This paper studies the governance institutions and performance consequences of privatization through management-employee buyout (MEBO) in Romania. Detailed firm-level survey data are used to analyze ownership rights practices concerning voting, dividend payment, and sales of shares, and to study the continued role of the state through restructuring restrictions in the privatization contracts, difficulties in installment payment, and possible renationalization of shares. Comprehensive privatization and registry data are used to estimate the productivity performance of industrial MEBOs, compared with mass transfers to dispersed individuals, sales to domestic and foreign blockholders, and continued ownership by the state. We find that the ownership …

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Nonstandard Work And Child Care Choices Of Married Mothers, Jean Kimmel, Lisa M. Powell Dec 2001

Nonstandard Work And Child Care Choices Of Married Mothers, Jean Kimmel, Lisa M. Powell

Upjohn Institute Working Papers

The focus of this paper is to examine the interplay between nonstandard employment and child care choice decisions of married mothers with young children. We draw on the 1992/93 Survey of Income and Program Participation to estimate two related econometric models of child care choice that include the choice among center, sitter, relative and parental care. First, controlling for the potential endogeneity of the nonstandard work decision, we find that being a nonstandard worker significantly reduces the likelihood of using formal modes of child care such as center and sitter care. In our second model, where we jointly estimate the …

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Ex Parte Declaration Of Peter Cramton, Peter Cramton Oct 2001

Ex Parte Declaration Of Peter Cramton, Peter Cramton

Peter Cramton

Further comments on the CMRS spectrum cap. For Leap Wireless.

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Rural Community Economic Leadership By People With Disabilities, Tom Seekins Ph.D., University Of Montana Rural Institute Oct 2001

Rural Community Economic Leadership By People With Disabilities, Tom Seekins Ph.D., University Of Montana Rural Institute

Employment

The lack of employment opportunities for people with disabilities is a major problem according to vocational rehabilitation (VR) service providers, American Indian Section 121 employment programs, and people with disabilities (Arnold, Seekins, & Nelson, 1997). This is particularly true in rural areas where local businesses struggle to create enough quality jobs for community members, including people with disabilities. In the face of this challenge, rural residents with and without disabilities frequently opt to pursue self-employment. Yet, VR and Section 121 programs are often confused about existing business opportunities and their potential for success. There are established procedures to analyze markets …

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Risk Sharing Through Social Security Retirement Income Systems: A Comparison Of Canada And The United States, John A. Turner Oct 2001

Risk Sharing Through Social Security Retirement Income Systems: A Comparison Of Canada And The United States, John A. Turner

Employment Research Newsletter

No abstract provided.

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Targeting Welfare-To-Work Services Using Statistical Tools, Randall W. Eberts Oct 2001

Targeting Welfare-To-Work Services Using Statistical Tools, Randall W. Eberts

Employment Research Newsletter

No abstract provided.

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St. Joseph County Benchmarking Study, George A. Erickcek, Brad R. Watts Sep 2001

St. Joseph County Benchmarking Study, George A. Erickcek, Brad R. Watts

Reports

No abstract provided.

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Financing And Promoting Small-Scale Industries. Concept, Issues And Prospects., C. M. Anyanwu Sep 2001

Financing And Promoting Small-Scale Industries. Concept, Issues And Prospects., C. M. Anyanwu

Bullion

The importance of small-scale industries in promoting industrialization and economic growth has been recognized globally. This paper discusses the concepts and issues that are associated with the financing and promoting of small scale industries. Nigeria is blessed with vast natural resources, including oil, gas and solid minerals, already confirmed to exist in commercial quantities. Small-scale industries development can be used for achieving the objectives of the poverty alleviation programme of the Government, given that they are highly labour intensive. Nigeria is blessed with vast natural resources, including oil, gas and solid minerals, already confirmed to exist in commercial quantities. She …

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The Returns To Education And Basic Skills Training For Individuals With Poor Health Or Disability, Kevin M. Hollenbeck, Jean Kimmel Aug 2001

The Returns To Education And Basic Skills Training For Individuals With Poor Health Or Disability, Kevin M. Hollenbeck, Jean Kimmel

Upjohn Institute Working Papers

This paper examines linkages between disability and health status and the returns to education and basic skills training. It bases analyses on two separate data sources: wave 3 from the 1993 panel of the Survey of Income and Program Participation (SIPP) and the 1992 National Adult Literacy Survey (NALS). The data sets have been used to estimate standard wage equations with education and basic skills training among the independent variables. The NALS data set allows us to control for prose, quantitative, and document literacy. The wage equations rely on Heckit corrections for labor force participation, and we stratify by sex. …

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The Benefits Implications Of Recent Trends In Flexible Staff Arrangements, Susan N. Houseman Aug 2001

The Benefits Implications Of Recent Trends In Flexible Staff Arrangements, Susan N. Houseman

Upjohn Institute Working Papers

Workers in flexible staffing arrangements - including temporary agency, direct-hire temporary, on-call, and contract workers - are much less likely than regular, direct-hire employees to be covered by laws mandating or regulating workplace benefits. Workers in such arrangements, in turn, are much less likely to receive pension, health insurance, and other benefits on the job. This paper documents these differences in coverage by benefits regulations and differences in benefits receipt. The paper also reviews evidence on the incentives employers have to use workers in these various flexible staffing arrangements. Although reducing benefits costs is not the only reason employers use …

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Assessment Of Kalamazoo County's Education For Employment (Efe) Programs Using 2001 Survey Data, Kevin M. Hollenbeck, Noyna Debburman Aug 2001

Assessment Of Kalamazoo County's Education For Employment (Efe) Programs Using 2001 Survey Data, Kevin M. Hollenbeck, Noyna Debburman

Reports

No abstract provided.

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The U.S. Health Care System: Best In The World, Or Just The Most Expensive?, Bureau Of Labor Education. University Of Maine Jul 2001

The U.S. Health Care System: Best In The World, Or Just The Most Expensive?, Bureau Of Labor Education. University Of Maine

Bureau of Labor Education

For many years, politicians and insurance companies could blithely proclaim that the U.S. had the best health care system in the world, but as its major shortcomings become more visible, Americans are finding it harder to accept this assertion. The 42.6 million people in the U.S. currently without health insurance are acutely aware that our health care system is not working for everyone, and there is growing recognition that the major problems of rising costs and lack of access constitute a real crisis. However, the search for solutions has not been easy or clear cut. Policymakers often attempt to address …

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Fighting Poverty With Labor Demand Policies, Timothy J. Bartik Jul 2001

Fighting Poverty With Labor Demand Policies, Timothy J. Bartik

Employment Research Newsletter

No abstract provided.

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Uniform Pricing Or Pay-As-Bid Pricing: A Dilemma For California And Beyond, Peter Cramton, Alfred E. Kahn, Robert H. Porter, Richard D. Tabors Jun 2001

Uniform Pricing Or Pay-As-Bid Pricing: A Dilemma For California And Beyond, Peter Cramton, Alfred E. Kahn, Robert H. Porter, Richard D. Tabors

Peter Cramton

Any belief that a shift from uniform to as-bid pricing would provide power purchasers substantial relief from soaring prices is simply mistaken. The immediate consequence of its introduction would be a radical change in bidding behavior that would introduce new inefficiencies, weaken competition in new generation, and impede expansion of capacity.

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Affidavit Of Peter Cramton, Peter Cramton Jun 2001

Affidavit Of Peter Cramton, Peter Cramton

Peter Cramton

Comment on modifications to installed capability market. For ISO New England.

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David Brian Robertson. Capital, Labor, And State: The Battle For American Labor Markets From The Civil War To The New Deal. Lanham, Md: Rowman & Littlefield, 2000. Pp. Xxii, 297. $22.95, Paper., Joshua L. Rosenbloom Jun 2001

David Brian Robertson. Capital, Labor, And State: The Battle For American Labor Markets From The Civil War To The New Deal. Lanham, Md: Rowman & Littlefield, 2000. Pp. Xxii, 297. $22.95, Paper., Joshua L. Rosenbloom

Joshua L. Rosenbloom

American employers today enjoy considerably greater latitude in the labor market than do employers in other industrialized economies. Laws protecting unions are weaker, employers can more easily hire and fire workers, minimum-wage laws are less binding, the government plays a smaller role in managing the labor market through public employment offices, and work and unemployment insurance programs are smaller and less costly to employers in the United States than elsewhere. In this book David Brian Robertson, Associate Professor of Political Science at the University of Missouri, St. Louis, offers an explanation for the unique pattern of labor-market governance that has …

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From Plant Closure To Reemployment In The New Economy: Risks To Workers Dislocated From The Declining Garment Manufacturing Industry, Cynthia Rocha Jun 2001

From Plant Closure To Reemployment In The New Economy: Risks To Workers Dislocated From The Declining Garment Manufacturing Industry, Cynthia Rocha

The Journal of Sociology & Social Welfare

The current study investigates financial and emotional consequences to workers as the U.S. economy continues to shift from a manufacturing to a service economy. One hundred eighty-eight garment workers were surveyed before their plant closed in 1998 and six months later to assess reemployment opportunities, financial difficulty and emotional well-being. All workers experienced some financial difficulty after the plant closed, with single parents reporting the greatest financial difficulty. Workers who became immediately reemployed lost an average of $2.41 in wages per hour. Sixteen percent of the sample lost their health insurance. Overall depression and anxiety scores declined over six months, …

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The Incidence And Cost Of Wrongfully Denied Unemployment Benefits, Stephen A. Woodbury, Wayne Vroman Jun 2001

The Incidence And Cost Of Wrongfully Denied Unemployment Benefits, Stephen A. Woodbury, Wayne Vroman

Reports

Since 1987, the U.S. Department of Labor has performed random audits of Unemployment Insurance (UI) payments in order to estimate the extent of benefit payment errors—particularly overpayments. However, the accuracy of the process that determines benefit eligibility is not currently assessed. In particular, the extent to which eligible claimants for UI are wrongfully denied benefits is not known. This paper reports the results of the Denied Claims Accuracy (DCA) Pilot Project, a five-state pilot conducted by the Department of Labor during 1997–98, in which random samples of monetary, separation, and nonseparation denials were subjected to intensive field investigation in order …

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Lessons Learned From The Uk 3g Spectrum Auction, Peter Cramton May 2001

Lessons Learned From The Uk 3g Spectrum Auction, Peter Cramton

Peter Cramton

No abstract provided.

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Market Effectiveness Assessment, Peter Cramton, Jeffrey Lien May 2001

Market Effectiveness Assessment, Peter Cramton, Jeffrey Lien

Peter Cramton

No abstract provided.

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Rural Economic Development: Worker Cooperatives And Employment Of People With Disabilities Part Three, Charles Sperry, Joyce Brusin, Tom Seekins Ph.D., University Of Montana Rural Institute May 2001

Rural Economic Development: Worker Cooperatives And Employment Of People With Disabilities Part Three, Charles Sperry, Joyce Brusin, Tom Seekins Ph.D., University Of Montana Rural Institute

Employment

The opportunities for self-empowerment and economic justice found in the worker cooperative structure may be especially relevant for people with disabilities, who as a population tend to experience extraordinarily high rates of unemployment. People with disabilities already successfully engage in a wide range of employment and self-employment situations (Seekins & Arnold, 1996; Shelley, 1999). Employment within a worker cooperative structure carries many benefits for people with disabilities and requires only a few carefully structured adaptations. Benefits include fair wages and an equitable share of profits; authority to manage the business in the best interest of the worker-members; a community-friendly business …

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Labor's Demographics Report For 2001, Bureau Of Labor Education. University Of Maine Apr 2001

Labor's Demographics Report For 2001, Bureau Of Labor Education. University Of Maine

Bureau of Labor Education

According to the U.S. Department of Labor, in 2000 the actual number of union members in the U.S. declined by 219,000 from the previous year. The percentage of U.S. wage and salary workers who were unionized dropped from 13.9 percent in 1999 to 13.5 percent in 2000. In comparison, during 1999 the number of union members increased by 266,000. Historically, this increase comprised the largest annual growth in union membership in twenty years. Not since 1979, did a larger increase occur with workers joining unions.2 The decrease in the number and percent of union members in 2000 reflects the continued …

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2000 Biennial Regulatory Review Spectrum Aggregation Limits For Commercial Mobile Radio Services, Wt Docket No. 01-14, Federal Communications Commission, "Declaration Of Peter Cramton,", Peter Cramton Apr 2001

2000 Biennial Regulatory Review Spectrum Aggregation Limits For Commercial Mobile Radio Services, Wt Docket No. 01-14, Federal Communications Commission, "Declaration Of Peter Cramton,", Peter Cramton

Peter Cramton

No abstract provided.

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Reply Declaration Of Peter Cramton, Peter Cramton Apr 2001

Reply Declaration Of Peter Cramton, Peter Cramton

Peter Cramton

Further comments on the impact of a delayed sale of spectrum license by Pacific Communication. For American Wireless.

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Rural Economic Development: A Stewardship Model For Organizing Worker Cooperatives Part Two, Charles Sperry, Joyce Brusin, Tom Seekins Ph.D., University Of Montana Rural Institute Apr 2001

Rural Economic Development: A Stewardship Model For Organizing Worker Cooperatives Part Two, Charles Sperry, Joyce Brusin, Tom Seekins Ph.D., University Of Montana Rural Institute

Employment

Worker cooperative corporations are a particular way of organizing business and employment opportunities. They usually involve a for-profit business that is owned by the worker-members who are employed there. A worker cooperative must perform the same major functions as any other organized business. It must obtain sufficient financing, manage its personnel, and produce and market its product or service. Its staff engage in the same management activities as any other business: planning, staffing, controlling, organizing, and leading.

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Rural Economic Development: Worker Cooperatives And Employment Of People With Disabilities Part One, Charles Sperry, Joyce Brusin, Tom Seekins Ph.D., University Of Montana Rural Institute Apr 2001

Rural Economic Development: Worker Cooperatives And Employment Of People With Disabilities Part One, Charles Sperry, Joyce Brusin, Tom Seekins Ph.D., University Of Montana Rural Institute

Employment

Across America, rural communities are looking for vibrant and stable local economies that will allow them to preserve the best qualities of their rural life in the face of rapid and relentless global economic change. The impacts of economic decline in rural America over the last two decades have been worsened by multiplier effects. Lost income has led to lost purchasing power, which has led to business closures; population loss has followed, resulting in downsizing of schools and hospitals and ultimately, in disintegration of communities themselves (Magdoff 1993; The Futurist, 1989).

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Social Work And Labor: A Look At The North American Agreement On Labor Cooperation, Constance Phelps Mar 2001

Social Work And Labor: A Look At The North American Agreement On Labor Cooperation, Constance Phelps

The Journal of Sociology & Social Welfare

The North American Agreement on Labor Cooperation (NAALC), a side agreement to NAFTA, provides an instructive example of an attempt to link global trade to labor standards. While this side agreement was created in order to bolster the internationalization of trade, it has brought Labor, human rights groups and governments together to scrutinize and challenge the ways that each NAFTA member country ensures the provision of basic health, safety, and human rights on the job. Effective enforcement of the Agreement will come only with political pressure from a wide variety of groups interested in improving quality of life for workers …

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Bargaining With Incomplete Information, Peter Cramton, Lawrence M. Ausubel, Raymond J. Deneckere Mar 2001

Bargaining With Incomplete Information, Peter Cramton, Lawrence M. Ausubel, Raymond J. Deneckere

Peter Cramton

A central question in economics is understanding the difficulties that parties have in reaching mutually beneficial agreements. Informational differences provide an appealing explanation for bargaining inefficiencies. This chapter provides an overview of the theoretical and empirical literature on bargaining with incomplete information. The chapter begins with an analysis of bargaining within a mechanism design framework. A modern development is provided of the classic result that, given two parties with independent private valuations, ex post efficiency is attainable if and only if it is common knowledge that gains from trade exist. The classic problems of efficient trade with one-sided incomplete information …

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Declaration Of Peter Cramton, Peter Cramton Mar 2001

Declaration Of Peter Cramton, Peter Cramton

Peter Cramton

Comments on the impact of fronts in the C and F Block Broadband PCS auction.

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The Optimality Of Being Efficient, Peter Cramton, Lawrence M. Ausubel Mar 2001

The Optimality Of Being Efficient, Peter Cramton, Lawrence M. Ausubel

Peter Cramton

In an optimal auction, a revenue-optimizing seller often awards goods inefficiently, either by placing them in the wrong hands or by withholding goods from the market. This conclusion rests on two assumptions: (1) the seller can prevent resale among bidders after the auction; and (2) the seller can commit to not sell the withheld goods after the auction. We examine how the optimal auction problem changes when these assumptions are relaxed. In sharp contrast to the no resale assumption, we assume perfect resale: all gains from trade are exhausted in resale. In a multiple object model with independent signals, we …

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