19 research outputs found
Hispanics and the Current Economic Downturn: Will the Receding Tide Sink Hispanics?
Explores the progress made by Hispanics during the economic boom of the 1990s, and examines the potential impact of the 2001/2002 economic slowdown on Hispanic workers and families
What's Happened to Labor's Slice of the Pie? Movements in Labor's Share from 1850 to 1990
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The Liftoff of Consumer Benefits from the Broadband Revolution
This paper uses both a discrete choice demand model and a direct survey method to derive
robust measures of the contribution of home broadband to consumer welfare during the early
years of broadband adoption by U.S. households. We estimate a demand system that distinguishes between cable, DSL, satellite and fiber broadband versus dial-up Internet services. We allow household preferences for Internet services to vary depending on the share of rural households in each geographic market, and find a significant impact of rural geography on demand. The estimated own-price elasticity of demand for broadband declines over time from -1.5 in 2005 to -0.7 in 2008. Consumer surplus from Internet is found to concentrate in broadband services, with the net consumer benefits from home broadband in 2008 on the order of $32 billion per year