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Essays in Firms and Families
Essays in Firms and Families
상세정보
- 자료유형
- 학위논문 서양
- 최종처리일시
- 20260202103144
- ISBN
- 9798280758162
- DDC
- 320
- 저자명
- Peeples, Jordan.
- 서명/저자
- Essays in Firms and Families
- 발행사항
- [Sl] : University of Pennsylvania, 2025
- 발행사항
- Ann Arbor : ProQuest Dissertations & Theses, 2025
- 형태사항
- 170 p
- 주기사항
- Source: Dissertations Abstracts International, Volume: 86-12, Section: A.
- 주기사항
- Advisor: Greenwood, Jeremy.
- 학위논문주기
- Thesis (Ph.D.)--University of Pennsylvania, 2025.
- 초록/해제
- 요약This dissertation studies the impact of governmental policies on firm and family decisions. The first chapter examines the effects of minimum wage increases on firm production decisions for small to large firms in the manufacturing and retail sectors, extending beyond the traditional focus on aggregate employment effects. Using restricted firm- and establishment-level data from the US Census, we use a stacking and synthetic difference-in-differences approach to estimate the average treatment on the treated resulting from minimum wage increases on employment and other secondary production-related measures. We reveal significant heterogeneity in responses across firm size, finding disemployment effects among smaller firms, and positive employment effects among larger firms. Focusing on retail and manufacturing sectors, we observe that minimum wage increases prompt higher investment-labor ratios and automation in large manufacturing firms and lower investment-labor ratios for large retail firms. We characterize a dynamic model of firm entry and exit with an instilled monopsonistic competition setting to match the short-run treatment effects and quantitatively determine the short-run and long-run macroeconomic effects of minimum wage increases of varying sizes. We estimate wage markdowns as approximately 9-14% of labor demand. Typical, average increases in the minimum wage slightly decrease aggregate employment responses while a $15 minimum wage elicits a negative impact on aggregate sector employment.The second chapter examines examines the divergence in divorce rates observed since the 1980s, characterized by increasing rates among non-college-educated women and decreasing rates among college-educated women. I document that the divergence can mainly be attributed to spouses with heterogeneous education levels. Despite expectations that rising wages would disproportionately lower the marginal value of marital consumption for college-educated women, this trend points to other underlying factors. Using data from the SIPP, PSID, NCHS, and a newly conducted survey via ResearchMatch, I document the impact of no fault divorce laws for grounds and property on divorce rates by education group. I find that these legal reforms, which began proliferating in the 1970s, can account for most of the divergence by eliminating the requirement to prove fault for divorce and preventing fault from serving as a factor in property division. To determine the impact of incorporating a fault-based pathway in the traditional method of modeling mutual consent on the divorce trends in heterogeneous marriages, I compare the mutual consent regime and unilateral divorce regime in a four-period life cycle model of endogenous marriage and divorce decisions with exogenous wage, education, age at first marriage, and fertility patterns. I find that switching between these two regimes with the proposed mechanisms can explain approximately 37% of the divide among heterogeneous marriages for the 1980 marital cohort.
- 일반주제명
- Public policy
- 키워드
- Divorce laws
- 키워드
- Employment
- 키워드
- Firm decisions
- 키워드
- Minimum wage
- 키워드
- No fault divorce
- 기타저자
- University of Pennsylvania Economics
- 기본자료저록
- Dissertations Abstracts International. 86-12A.
- 전자적 위치 및 접속
- 로그인 후 원문을 볼 수 있습니다.
MARC
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■00520260202103144
■006m o d
■007cr#unu||||||||
■020 ▼a9798280758162
■035 ▼a(MiAaPQ)AAI31994895
■040 ▼aMiAaPQ▼cMiAaPQ
■0820 ▼a320
■1001 ▼aPeeples, Jordan.
■24510▼aEssays in Firms and Families
■260 ▼a[Sl]▼bUniversity of Pennsylvania▼c2025
■260 1▼aAnn Arbor▼bProQuest Dissertations & Theses▼c2025
■300 ▼a170 p
■500 ▼aSource: Dissertations Abstracts International, Volume: 86-12, Section: A.
■500 ▼aAdvisor: Greenwood, Jeremy.
■5021 ▼aThesis (Ph.D.)--University of Pennsylvania, 2025.
■520 ▼aThis dissertation studies the impact of governmental policies on firm and family decisions. The first chapter examines the effects of minimum wage increases on firm production decisions for small to large firms in the manufacturing and retail sectors, extending beyond the traditional focus on aggregate employment effects. Using restricted firm- and establishment-level data from the US Census, we use a stacking and synthetic difference-in-differences approach to estimate the average treatment on the treated resulting from minimum wage increases on employment and other secondary production-related measures. We reveal significant heterogeneity in responses across firm size, finding disemployment effects among smaller firms, and positive employment effects among larger firms. Focusing on retail and manufacturing sectors, we observe that minimum wage increases prompt higher investment-labor ratios and automation in large manufacturing firms and lower investment-labor ratios for large retail firms. We characterize a dynamic model of firm entry and exit with an instilled monopsonistic competition setting to match the short-run treatment effects and quantitatively determine the short-run and long-run macroeconomic effects of minimum wage increases of varying sizes. We estimate wage markdowns as approximately 9-14% of labor demand. Typical, average increases in the minimum wage slightly decrease aggregate employment responses while a $15 minimum wage elicits a negative impact on aggregate sector employment.The second chapter examines examines the divergence in divorce rates observed since the 1980s, characterized by increasing rates among non-college-educated women and decreasing rates among college-educated women. I document that the divergence can mainly be attributed to spouses with heterogeneous education levels. Despite expectations that rising wages would disproportionately lower the marginal value of marital consumption for college-educated women, this trend points to other underlying factors. Using data from the SIPP, PSID, NCHS, and a newly conducted survey via ResearchMatch, I document the impact of no fault divorce laws for grounds and property on divorce rates by education group. I find that these legal reforms, which began proliferating in the 1970s, can account for most of the divergence by eliminating the requirement to prove fault for divorce and preventing fault from serving as a factor in property division. To determine the impact of incorporating a fault-based pathway in the traditional method of modeling mutual consent on the divorce trends in heterogeneous marriages, I compare the mutual consent regime and unilateral divorce regime in a four-period life cycle model of endogenous marriage and divorce decisions with exogenous wage, education, age at first marriage, and fertility patterns. I find that switching between these two regimes with the proposed mechanisms can explain approximately 37% of the divide among heterogeneous marriages for the 1980 marital cohort.
■590 ▼aSchool code: 0175.
■650 4▼aPublic policy
■653 ▼aGovernmental policies
■653 ▼aDivorce laws
■653 ▼aEmployment
■653 ▼aFirm decisions
■653 ▼aMinimum wage
■653 ▼aNo fault divorce
■690 ▼a0501
■690 ▼a0511
■690 ▼a0630
■71020▼aUniversity of Pennsylvania▼bEconomics.
■7730 ▼tDissertations Abstracts International▼g86-12A.
■790 ▼a0175
■791 ▼aPh.D.
■792 ▼a2025
■793 ▼aEnglish
■85640▼uhttp://www.riss.kr/pdu/ddodLink.do?id=T17357179▼nKERIS▼z이 자료의 원문은 한국교육학술정보원에서 제공합니다.


