Due to limited empirical evidence and controversial anecdotes, speculation over the ubiquity and importance of covenants not to compete in the U.S. labor market is rampant. We present an equilibrium framework to account for the existence and incidence of noncompetition agreements. We then populate this framework using data from a new large-scale survey of U.S. workers. The data show that noncom...

Survey measures of the reservation wage may reflect both consumption-leisure trade-off and job market prospects (the arrival rate offers distribution). We examine what a survey measure reveals about an individual’s willingness to trade leisure for consumption. To this end, we combine from large labor with one-hour that elicit in online experiment. The two show strong positive association. For u...

I develop a matching model with heterogeneous workers, firms, and worker-firm matches, and apply it to longitudinal linked data on employers and employees. Workers vary in their marginal product when employed. Firms vary in their marginal product and cost of maintaining a vacancy. The marginal product of a worker-firm match also depends on a match-specific interaction between worker and firm th...

This paper develops a novel approach to estimate how contract and principal–agent characteristics influence post-auction outcome when the matching between agents principals derives from an auction process. We propose control-function account jointly for endogeneity of contracts matching. consists of, first, estimating primitives interdependent values model – which is shown be non-parametrically...

this paper reviews the relationship between inflation rate and minimum wage in iran’s economy over the 1969-2005. according to the economic literature, there is a narrow relationship between inflation rate and minimum wage. some economists believe in increased inflation due to minimum wage. the other group of economists considers the increased inflation as a cause for increasing minimum wage. t...

OBJECTIVE This paper aims to assess the affordability of a nutritious diet for households earning minimum wage in Nova Scotia (NS) from 2002 to 2012 using an economic simulation that includes food costing and secondary data. METHODS The cost of the National Nutritious Food Basket (NNFB) was assessed with a stratified, random sample of grocery stores in NS during six time periods: 2002, 2004/2...

Reducing Income Transfers to Refugee Immigrants: Does Starthelp Help You Start? In this paper we estimate the causal effect of lowering the public income transfers administered to newly arrived refugee immigrants in Denmark – the so-called starthelp – using a competing risk mixed proportional hazard framework. The two competing risks are exit to job and exit out of the labour force. A standard ...