It is tempting to try to infer the welfare effects of minimum wage changes from empirical observations on pre- and post change employment and unemployment levels and wage or earnings distributions. Using a simple model of search, matching, and bargaining, I characterize the relationship between...

Over the last decade a large number of states have significantly altered their legal statutes concerning the disposition of divorce cases involving children. In particular, many states have increasingly employed percentage-expressed orders in which child support obligations in a given period are...