Income inequality has increased dramatically in the United States since the 1970s. However, we argue in this paper that many common perceptions about causes and consequences of rising inequality are misleading or even false. Using first-hand empirical analyses and meta-analyses of previously...

Month for month, the COVID-19 pandemic has done more damage to the American workforce than the Great Recession. By shutting down schools, local policymakers risk making this damage permanent. What has come to be called educational scarring helps explain why the Great Recession was so great and...

Beginning in 1951, the Conference Board constructed a monthly job vacancy index by counting the number of help-wanted ads published in local newspapers in 51 metropolitan areas. We use the Help-Wanted Index (HWI) to document how immigration changes the number of job vacancies in the affected...

Beginning in 1951, the Conference Board constructed a monthly job vacancy index by counting the number of help-wanted ads published in local newspapers in 51 metropolitan areas. We use the Help-Wanted Index (HWI) to document how immigration changes the number of job vacancies in the affected...

Beginning in 1951, the Conference Board constructed a monthly job vacancy index by counting the number of help-wanted ads published in local newspapers in 51 metropolitan areas. We use the Help-Wanted Index (HWI) to document how immigration changes the number of job vacancies in the affected...

Beginning in 1951, the Conference Board constructed a monthly job vacancy index by counting the number of help-wanted ads published in local newspapers in 51 metropolitan areas. We use the Help-Wanted Index (HWI) to document how immigration changes the number of job vacancies in the affected...

How does immigration affect labor market opportunities in a receiving country? This paper contributes to the voluminous literature by reporting findings from a new (but very old) data set. Beginning in 1951, the Conference Board constructed a monthly job vacancy index by counting the number of...