An adversarial game is used to model the amount of influence a firm has over a government regulator, and its equilibrium level of regulation, as a function of firm fundamentals. The effective influence of a firm is identified as comprising both intrinsic and exerted components; where the latter...

We show that measurement error in the constructed price of child care can explain why previous Australian studies have found partnered women’s labour supply to be unresponsive to child care prices. Through improved data and improved construction of the child care price variable, we find child...

The purpose of this paper is to improve our understanding of the relationship between child care price and women's labour supply. We specify and estimate a discrete, structural model of the joint household decision over women's labour supply and child care demand. Parents care about the...

International investment agreements in bilateral treaties or free trade agreements allow investors to bring compensation claims when their investments are hurt by new regulations addressing environmental or other social concerns. Compensation rules such as expropriation clauses in international...

Using a sample of sibling pairs from the PSID-CDS, we examine the effects of sibling health status on early educational outcomes. We find that sibling developmental disability and externalizing behavior are associated with reductions in math and language achievement. Estimated spillovers for...

Has access to selective post-secondary schools expanded or contracted? Evaluating this question has proven a difficult task due to limited data and biased measures of family income. We complement previous work and provide a replicable model of institutional analysis. This paper presents a...

There is a well known positive association between family income and children's development, including health and academic performance. This relationship is a potentially importance factor in the intergenerational transmission of socioeconomic status and has been shown to be a robust finding...

One of the continuing areas of controversy surrounding higher education is affirmative action. The Supreme Court has agreed to hear Fisher v. Texas, and their ruling may well influence universities' diversity initiatives, especially if they overturn Grutter and rule that diversity is no longer a...

In 2009 the Australian government delivered approximately $8 billion in direct payments to households. These payments were preannounced and randomly allocated to households based on postal codes over a 5-week period. We exploit this random allocation to estimate the causal response of...

Using a propensity score matching approach coupled with difference-in-differences regression analysis, we estimate the effect of receiving a low-income housing voucher on the employment and earnings, mobility, neighborhood quality, household/family composition and childcare utilization of a...