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Essays in Firms and Families
Essays in Firms and Families
Essays in Firms and Families

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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  
Governmental policies
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  
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MARC

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■040    ▼aMiAaPQ▼cMiAaPQ
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■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.

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