Jordan Peeples

I am currently an economics Ph.D. candidate at the University of Pennsylvania. My research is in macroeconomics with a focus on firm decisions, labor, and family. 

My job market paper, "Bridging the Employment Debate: The Minimum Wage and Monopsonistic Competition," examines the impact of minimum wage increases in the United States on firms of different sizes in the manufacturing and retail industries. Empirically, the results from minimum wage increases are suggestive of monopsonistic competition, and we quantify and match the empirical results through a model of monopsonistic competition, CES production, and endogenous entry and exit. We find an initial aggregate increase in employment for small minimum wage increases but sizeable decreases in employment for larger minimum wage increases, particularly moving from a setting of no minimum wage to a $15 minimum wage equivalent. We compare how aggregate measures regarding employment, labor share, the investment-employment ratio, and average productivity differ between manufacturing and retail.

Working papers:

Bridging the Employment Debate: The Minimum Wage and Monopsonistic Competition. joint with Jonathan Arnold (JMP)

From Fault to Freedom: How No Fault Divorce Laws Impacted the U.S. College Divorce Divide