Bjørn Jorgensen

Biographic Data

ID6643124
NAMEBjørn Jorgensen
GIVEN NAMESBjørn
FAMILY NAMEJorgensen
SIGNATUREJØRGENSEN B
AFFILIATIONSColumbia University
ORCID0000-0001-6634-8593
VERIFIEDYes
TOTAL WORKS2
TOTAL CITATIONS0
WORKS AS AUTHOR2
WORKS AS EDITOR0
FIRST PUBLICATION YEAR2008
LATEST PUBLICATION YEAR2021
H-INDEX0

  • The historical dynamics of US financial exchanges

    Open AccessBjørn Jorgensen, Bjørn N Jørgensen et al.ARTICLEFinancial History Review2021

    The historical dynamics of entry and exit in the financial exchange industry are analyzed for a panel of 327 US exchanges from 1855 through 2012. We focus on economic, technological and regulatory factors. Using novel panel data evidence, we empirically test whether these factors are consistent with existing financial theories. We find that US exchanges are more likely to exit per year after the passage of the Securities Exchange Act. The telepho…

  • Optimal Minimum Wage in the Classic Labor Supply-and-Demand Paradigm

    Rajeev Dehejia, Bjørn Jorgensen et al.ARTICLEJournal of Poverty2008References: 4

    This article demonstrates that minimum wage laws need not induce unemployment even under the classic labor supply-and-demand paradigm. As a result, minimum wage laws can be welfare-enhancing under the basic labor supply and demand model, suggesting the presence of an optimal minimum wage. We discuss conditions under which the optimal minimum wage level is the subsistence wage level. As a consequence, minimum wages should vary across states or cou…