Do apparently large minimum wage increases in an environment of recession produce clearer evidence of disemployment effects than is typically observed in the new minimum wage literature? This paper augments the sparse literature on the most recent increases in the U.S. minimum wage, using three...

Do apparently large minimum wage increases in an environment of recession produce clearer evidence of disemployment effects than is typically observed in the new minimum wage literature? This paper augments the sparse literature on the most recent increases in the U.S. minimum wage, using three...

In this paper, we explore whether the alignment of the date a household receives Supplemental Nutrition Assistance Program (SNAP) benefits with the start of the calendar month affects the smoothness of household monthly expenditures. Across states, what day in the calendar month households...

Research and Development (R&D) investments can lead to robust stock returns in many instances. Investments in R&D create significant information asymmetry between the firm and the general public, which can lead to volatile trading activity as a result of the uncertainty stemming from the R&D...