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This article compares inequality in employment across demographic groups in the Great Recession and the COVID-19 pandemic. We develop a measure to capture both how much employment declines during a recession and the persistence of employment losses. Results show a significant shift of job loss...
Persistent link: https://www.econbiz.de/10014363418
unemployment rates. Using U.S. data, we find that individual labor force participation responds asymmetrically to changes in local … labor market conditions, consistent with the pattern of movements in the aggregate unemployment rate. Differences in the …
Persistent link: https://www.econbiz.de/10010292322
composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …
Persistent link: https://www.econbiz.de/10010262787
Over the 1948–2013 period, many factors significantly impacted on human capital, which in turn affected economic growth in the United States. This chapter analyzes these factors within a complete national income accounting system which integrates Jorgenson-Fraumeni human capital into the...
Persistent link: https://www.econbiz.de/10012269917
Despite a sizable population and modest status as a low middle-income country, Vietnam has recorded a low COVID-19 fatality rate that rivals those of richer countries with far larger spending on health. We offer an early review of the emerging literatures in public health and economics on the...
Persistent link: https://www.econbiz.de/10014320010
In the 1960 cohort, American men and women graduated from college at the same rate, and this was true for Whites, Blacks and Hispanics. But in more recent cohorts, women graduate at much higher rates than men. To understand the emerging gender education gap, we formulate and estimate a model of...
Persistent link: https://www.econbiz.de/10014469471
Persistent link: https://www.econbiz.de/10010313012
. Institutions and other structural factors are also found to be significant and important determinants of the rate of part … markets. Less robust evidence suggests the presence of unemployment traps for some potential part-time workers. Cross …
Persistent link: https://www.econbiz.de/10010277065
sector, high unemployment for educated youth, weak private sector dependent on government welfare for their survival, rapid …
Persistent link: https://www.econbiz.de/10010329175
minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low … gains of more skill formation outweigh the social welfare losses of increased unemployment. Using a highly conservative …
Persistent link: https://www.econbiz.de/10010333378