I present and test the hypothesis that the cost of living (COL) positively influences the labor force participation (LFP) of married women. Based on housing values and regional variables, I first predict COL for a sample of 150 metropolitan statistical areas (MSAs) using a smaller subsample for...
A second key idea is that there arethree main types of governance choice:those affecting the boundaries of firms (i.e., the choice between ‘make’ versus ‘transact in the market’); those on how to manage the interface between firms and their external environment (e.g., short-term vers...