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Suppose you want to test whether the 1993 FMLA actually affected the wages of female workers. Assume you have data on the wages, gender, firm size, and other characteristics (age, education, race, ethnicity, etc.) of workers for the years 1990 to 1997. Describe a research design that would allow you to estimate the law’s impact. Be sure to define your treatment and control groups and describe how you would estimate the effect. Suppose that women and men are substitutable in most jobs regardless of a firm’s size. How does this affect, if at all, the validity of your control group(s) and the interpretation of your findings? (Think about what can happen as a result of an adjusting labor market equilibrium.)
Explain some of the advantages and disadvantages of currency exchange. When taking part in currency exchange, certain risks can exposed. Of the different methods of managing currency exchange risk, which method do you think works best?
If incomes rise for both low-income and high-income workers, but rise less for the high-income workers.
Treasury bills are
what percentage of assets do commercial banks hold in loans? what percentage of assets are held in mortgage loans?
Illustrate what are the benefits also the costs. Under Illustrate what conditions would you advocate for trade restrictions.
If a perfectly competitive firm in the short run can sell its output at $2.50 per bushel and it has an average variable cost of $2.75 per bushel and a marginal cost of $2.50 per bushel it should
The average rent in a city is $1,500 per month with a standard deviation of $250. Assume rent follows the normal distribution. What percentage of rents are between $1,250 and $1,750? What percentage of rents are greater than $2,000?
What are the characteristics of perfect competition? Why does this type of fast-food restaurant tend to display characteristics of perfect competition? Imagine you are running a firm with the characteristics of a perfectly competitive firm. Describe ..
The predictive power of the Heckscher-Ohlin model, at least in terms of forecasting the volume of trade, appears to undergo improvement upon abandonment of the assumption. The gravity model states that trade between two countries will increase if the..
It is a hot day also Bert is thirsty. Here is value he places on a bottle of water.
Why does a union electrician earn less than a non-union electrician? Why does a white male earn more than a white female with the same level of education? Why does a movie actress like Angelina Jolie earn more than a movie actress from the 1940s?
Analyze the reasons for and against the merger and assess the actual performance of the consolidated company against the pre-merger expectations.
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