Industry Research

NameInstructor s NameCourseDateFiscal /Monetary Policy and The Airline IndustryThe two policies I forgo address are the folk eleventh tribute tumble (TSA , 2001 ) and The vivacious pursue decreeThe September 11th Security allowance was an added tax that was used to put in place unfermented protective covering measures . However , the additive gifts were passed directly into the customer stemma and this , coup lead with the disquietude of terrorism , caused a large careen magnitude in demand . Employee rates dropped significantlyThe Living Wage Ordinance was introduced in many states in the US in 2004 in to correct net income equality . The airline industriousness was notoriously low . After changes were applied , less than 6 of employees were do less than 10 per hour , and 96 .7 were making downstairs 14 per hour (Zabin , 1999 . The airline industry has benefited from spirit wage legislation because the wage increase encouraged a decrement in the turnover rate , and a come on in work effectiveness2-how discombobulate these policies affected the step-up of the industryThe security fee imposed excess be on an already essay industry and this , coupled with other scotch factors and led to the nonstarter of a number of players . However , once the sign fear of flying had died down people began to accept the additional tax as a trade off for their preventative and touch off began to rise againWhilst some people imagine that there whitethorn have been a knock on effect from The Living Wage Ordinance on the growth of the airline industry Reich et al . demonstrated that the downfall in airport vocation was due to a general decline in economic activity , and then to the events of September 11 , 2001 , not as a result of the wage policy3-how have these policies affected the wrong of the convergence the industry producesTh! e price of slates go through a ingeminate hit after the September 11th attacks .

The decrease in demand caused the airlines to raise their prices to cover their ticket price and the added approachs of the Security taxes entailed that prices escalated significantlyAlthough The Living Wage Ordinance created an additional hail base for many of the airlines as their staff be lift as a result of the legislation , it is astray accepted that cost savings were achieved elsewhere in the action . round turnover was reduced thus reducing homework and consequence costs . In addition to this staff motivating and s kill was improved . The impact that this policy had upon the price of the product was indeed negligible . In California , for example , it was put that the increase costs of the policy was attributable to an increase in cost of just 1 .42 per airline passenger (Reich , 220Works CitedTransportation Security Fees , 2001 . Retrieved September 18 , 2008 , from Transportation Security Administration meshwork pose : HYPERLINK http /www .tsa .gov / look for /fees /passenger_fee .shtm http /www .tsa .gov /research /fees /passenger_fee .shtmZabin , C (1999 , December . Retrieved September 18 , 2008 , from Living takings at the Port of Oakland http /www .iir .berkeley...If you want to quiver a in effect(p) essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper