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Southern Economic Journal

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Second-best considerations in correcting cognitive biases.
1. Introduction Suppose you know someone who is overly confident about his prowess in some realm of endeavor. Time after time, your friend has overestimated his ability on exams or his likelihood . . .

Art of the deal: the merger settlement process at the Federal Trade Commission.
1. Introduction Two firms, competing with each other in at least one line of business, face a complicated regulatory regime if they attempt to merge. Under the Hart-Scott-Rodino (HSR) Act of . . .

Long-run economic performance and the labor market.
1. Introduction This article studies growth when the economy is not using all its productive resources to establish a bridge among two subdisciplines in economics: growth theory and unemployment . . .

An experimental study of statistical discrimination by employers.
1. Introduction This article reports results from an experiment that was motivated by the literature on labor market discrimination. Our aim for conducting this experiment was to investigate . . .

The declining contribution of socioeconomic disparities to the racial gap in infant mortality rates, 1920-1970.
1. Introduction Great improvements in physical health are among the 20th century's most impressive social achievements. In the United States, life expectancy at birth increased by more than 25 . . .

Child labor and the interaction between the quantity and quality of children.
1. Introduction Just as dogs were raised to hunt for their masters before they were pets, so in early traditional China children were raised as a source of income ... (Cheung 1972, p. . . .

Public infrastructure and the productive performance of Canadian manufacturing industries.
1. Introduction While the international literature on the effects of public infrastructure on productivity growth reports controversial results, the Canadian policy makers tend to regard public . . .

The linkage between prices, wages, and labor productivity: a panel study of manufacturing industries.
1. Introduction Policy makers and financial analysts cite wage pressures and productivity gains as leading factors in explaining inflation. This cost-push explanation of inflation, however, is . . .

Occupational segregation and the gender wage gap in a dynamic East Asian economy.
1. Introduction Labor markets in the East Asian "miracle" economies of Hong Kong, Singapore, South Korea, and Taiwan have undergone profound changes in recent decades. Their comparative advantage . . .

Speculative bubbles in U.K. house prices: some new evidence.
1. Introduction A widely held view among academics and practitioners is that the time-series behavior of house prices of several major industrialized countries may have been characterized by . . .

AIDS home- and community-based waivers: effects on use of services, expenditures, and survival.(antiretroviral drug therapies)
1. Introduction The prognosis, survival, and quality of life for persons living with HIV/AIDS (PLWHAs) improved dramatically in recent years due to the development of highly active antiretroviral . . .

Subjective outcomes in economics.(Association Lecture)
1. Introduction There has been an upsurge in the use and analysis in economics of subjective outcomes. A long survey article (Frey and Stutzer 2002) discussed some of the literature, but even . . .

Is there job lock? Evidence from the pre-HIPAA era.(do workers stay in jobs due to health insurance considerations)
1. Introduction The fundamental economic issue with job lock is the quality of matches between workers and jobs. Provision of health insurance through the place of employment complicates the . . .

Complements integration and foreclosure: the case of joint consumption.
1. Introduction In 1995, the Comdata Corporation purchased Trendar, a supplier of fuel desk point-of-sale (POS) devices specializing in sales to truck stops. (1) At the time, Comdata was the . . .

Welfare program reentry among postreform leavers.
1. Introduction It is well known that the U.S. welfare system underwent a dramatic transformation in 1996. Time limits were placed on benefit receipt, work requirements were instituted, and an . . .

Vertical integration and exclusivity contracts when consumers have switching costs.
1. Introduction This article examines the endogenous formation of vertical contractual arrangements between producers and retailers when consumers face switching costs. Previous works on . . .

Employment-based health insurance and the effectiveness of intrafirm competition between insurance providers.
1. Introduction Employment-based health insurance is the primary source of health insurance coverage for the overwhelming majority of U.S. residents. Of the 70% of the nonelderly U.S. population . . .

Evaluating threshold effects in consumer sentiment.
1. Introduction The Consumer Sentiment Index published by the University of Michigan (hereafter the UM index) is one of the two most commonly monitored measures of consumer sentiment in the . . .

Poverty and other determinants of child labor in Bangladesh.
1. Introduction Americans have demonstrated strong disapproval of child labor through their own history and in current movements to boycott imports from countries employing child labor. (1) . . .

The effect of public policies and prices on youth smoking.
1. Introduction Government regulation of the market for tobacco products can be justified in a number of ways. Smoking is associated with market failures such as negative externalities and . . .

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