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232 records from EconBiz based on author Name
1. A prospective economic analysis of OSHA's heat injury and illness prevention rules
abstractDuring the Biden Administration, the Occupational Safety and Health Administration (OSHA) proposed new rules to protect workers from heat exposure. The intent of this regulation was to improve worker quality of life and reduce health impacts. In this paper, we explore the trends in heat-related worker injuries and the likely unintended consequences of this proposed regulation. By pointing out these "Peltzman Effects", we seek to highlight the existing data gaps that limit the regulator's efforts to improve worker quality of life and the opportunities for market-based mitigation of these heat-related risks.
Tracy, Joseph S.; Kahn, Matthew E.;2025
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
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Link 2. Surveys of professionals
Clements, Michael P.; Rich, Robert W.; Tracy, Joseph S.;2022
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
Availability:
Link Citations: 1 (based on OpenCitations)
3. Heterogeneity and the effects of aggregation on wage growth
Rich, Robert W.; Tracy, Joseph S.;2022
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
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Link 4. All forecasters are not the same: Systematic patterns in predictive performance
Rich, Robert W.; Tracy, Joseph S.;2024
Type: Working Paper;
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5. Low-rise multifamily and housing supply: A case study of Seattle
Peter, Tobias; Pinto, Edward; Tracy, Joseph S.;2024
Type: Working Paper;
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6. A human capital theory of who escapes the grasp of the local monopsonist
Kahn, Matthew E.; Tracy, Joseph S.;2024
Type: Working Paper;
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7. A human capital theory of who escapes the grasp of the local monopsonist
abstractOver the last thirty years, there have been significant changes in several empirical measures of local labor market monopsony power. A monopsonist has a profit incentive to offer lower wages to local workers. High skilled mobile workers can avoid these lower wages by moving to other more competitive local labor markets. We explore several empirical implications of a Roy Model of heterogeneous worker sorting across local labor markets. Counties with concentrated labor markets are predicted to experience a "brain drain" over time. Using data over four decades we document this deskilling and loss of high-income workers associated with local monopsony power. An implication is that labor market competition complements product market competition to foster faster city growth. Going forward the rise of work from home may act as a substitute for migration by high-skill workers from monopsony markets.
Kahn, Matthew E.; Tracy, Joseph S.;2024
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
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Link Link 8. All forecasters are not the same : systematic patterns in predictive performance
abstractAre all forecasters the same? Expectations models incorporating information rigidities typically imply forecasters are interchangeable which predicts an absence of systematic patterns in individual forecast behavior. Motivated by this prediction, we examine the European Central Bank's Survey of Professional Forecasters and find, in contrast, that participants display systematic patterns in predictive performance both within and across target variables. Moreover, we document a new result from professional forecast surveys which is that inter- and intra-forecaster relative predictive performance are strongly linked to the degree of difficulty in the forecasting environment. This insight can inform the ongoing development of expectations models.
Rich, Robert W.; Tracy, Joseph S.;2024
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
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Link Link 9. Low-rise multifamily and housing supply : a case study of Seattle
abstractWe provide an in-depth case study of land use reforms in Seattle to highlight how redevelopment of aging single-family housing to townhomes can lead to a significant increase in market-rate housing that promotes affordability. The key is to allow market forces to use by-right zoning to drive small-scale development, when also supported by clear and simplified regulatory frameworks. We have dubbed this the Housing Abundance Success Sequence, which is supported by this study along with over two dozen others. We document that such policies can lead to a sustained 2 percent per year increase in the housing stock. Importantly, this approach requires no government subsidies and leads to higher local tax revenues. Our findings underscore the potential of thoughtful land use reforms to create more inclusive, affordable, and resilient housing markets, while also demonstrating that inclusionary zoning mandates do not work and can stop market-rate developers in their tracks.
Peter, Tobias; Pinto, Edward; Tracy, Joseph S.;2024
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
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Link Link 10. An investigation into the uncertainty revision process of professional forecasters
Clements, Michael P.; Rich, Robert W.; Tracy, Joseph S.;2024
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
Availability:
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