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| Registros recuperados: 75 | |
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| Berck, Peter; Perloff, Jeffrey M.. |
| How potential entrants to an open-access fishery form their expectations determines the fishery’s adjustment path to a steady state but not the steady state values themselves. It is well known that, in the standard model with myopic expectations (those based on current values), boats enter the fishery only when the fish stock is greater than its steady state stock. We show that, with rational expectations (perfect foresight), however, boats may enter when the fish stock is much lower than its steady state value if the boat fleet is sufficiently small. This paper contrasts myopic and rational expectations within a general dynamic model of an open-access fishery. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Economic aspects; Expectations; Fisheries. |
| Ano: 1982 |
URL: http://purl.umn.edu/42856 |
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| Wu, Ximing; Perloff, Jeffrey M.. |
| We use a new method to estimate China's income distributions using publicly available interval summary statistics from China's largest national household survey. We examine rural, urban, and overall income distributions for each year from 1985-2001. By estimating the entire distributions, we can show how the distributions change directly as well as examine trends in traditional welfare indices such as the Gini. We find that inequality has increased substantially in both rural and urban areas. Using an inter-temporal decomposition of aggregate inequality, we determine that increases in inequality within the rural and urban sectors and the growing gap in rural and urban incomes have been equally responsible for the growth in overall inequality over the last... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Consumer/Household Economics; O15; O18; O53. |
| Ano: 2004 |
URL: http://purl.umn.edu/25036 |
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| Perloff, Jeffrey M.; Denbaly, Mark. |
| Growing concentration in the retail grocery sector raises new economic questions that are difficult to answer with existing data sources. In part because of concentration in the retail data industry as well the fact that these data are not primarily collected for academic research purposes, currently available grocery-level datasets are extremely expensive, not properly randomized, and lack critical information. We discuss the increase in concentration at the retail level, concentration in data provision, data needs for a number of important research areas, and possible solutions. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agribusiness; Consumer/Household Economics. |
| Ano: 2007 |
URL: http://purl.umn.edu/9894 |
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| Lynch, Lori; Perloff, Jeffrey M.. |
| Using consistently estimated occupational, wage, and hours equations, we calculate earnings differentials by gender, race, and ethnicity. For example, if the market treated women like men, the average women would have earned $133 more per week so that American women would have earned $338 billion more per year. We decompose the earnings differential into wage, hours, and occupational effects. Occupational segregation explains little of the earnings differential for women, but roughly a fifth of the differential for black and Hispanic men. For all groups, within-occupation wage discrimination is responsible for most of the earnings differential. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Employment; Labor and Human Capital. |
| Ano: 1994 |
URL: http://purl.umn.edu/47277 |
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| Berck, Peter; Perloff, Jeffrey M.. |
| A low-cost foreign firm lowers its initially high price–dumping if necessary– until it drives the higher cost domestic firms out of business, whereupon it raises its price. At no time, however, does the foreign firm predate (price below its marginal cost). Tariffs, quotas, and other policies that mandate a minimum number of domestic firms do not qualitatively change the price path (high price, low price, and limit price). The optimal tariff in this dynamic analysis is lower than the optimal tariff in a static analysis (to allow consumers to take advantage of the low-price period). |
| Tipo: Working or Discussion Paper |
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| Ano: 1988 |
URL: http://purl.umn.edu/43663 |
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| Registros recuperados: 75 | |
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