This paper investigates the determinants of past changes in the labor force of 12 emerging Asian countries, and attempts to make projections of the labor force in those countries for the period 2010-2030. Results from the regression analysis indicate that the labor force has grown faster than...

In this article, we seek to contribute to the literature on corporate political activity (CPA) by exploring the impact of CEO values on this nonmarket activity. Building a database of CEO values by analyzing the text of quarterly earnings conference call transcripts, we test whether firms with...

We study a decentralized trading model as in Peters (1984), where a finite number of heterogeneous capacity-constrained sellers compete for a finite number of homogeneous buyers, by posting prices. This "directed search" model is known to admit symmetric equilibria; yet, uniqueness has proved...

Census data from international sources covering 77% of the world's migrant population indicate that the skill composition of migrants in major destination countries, including the US, has been rising over the last 4 decades. Moreover, the population share of skilled migrants has been approaching...

This paper introduces a model of gender inequality and economic growth that focuses on the determination of women's time allocation among market production, home production, child rearing, and child education. The theoretical model is based on Agénor (2012), but differs in several important...

This paper presents a theoretical model that can analyze the impact of gender inequality on long-term economic growth. The model is calibrated to fit to Korean data. We find that gender equality policies that lower discrimination in the labor market or that increase the time spent by a father on...

The literature on excess entry shows that the free-entry equilibrium number of firms may be greater than is socially optimal and proposes government entry regulation as a remedy. This article tries to show that such a policy recommendation is misleading. A two-period, three-person entry game...

A choice model based on direct utility maximization subject to an arbitrary number of constraints is developed and applied to conjoint data. The model can accommodate oth corner and interior solutions, and provides insights into the proportion of respondents bound by each constraint. Application...