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Money, Inflation, and Unemployment in the Presence of Informality

Ait Lahcen, Mohammed - 2018

This paper studies the impact of informality on the long-run relationship between inflation and unemployment in … money and credit coexist. An increase in inflation affects unemployment through two channels: the entry channel (size) and … entry and increasing unemployment. On the other hand, it shifts firms hiring decision from high separation informal jobs to …

Persistent link: https://www.econbiz.de/10011892083

The Decline in African-American Representation in Unions and Manufacturing, 1979-2007

Schmitt, John; Zipperer, Ben - Center for Economic and Policy Research (CEPR) - 2008

This report details the sharp decline in African-American employment in manufacturing and in African-American unionization rates. The study, which analyzed data from the U.S. Census Bureau's Current Population Survey, shows that the share of American workers in unions continues to fall, but...

Persistent link: https://www.econbiz.de/10005651416

The $1 Trillion Wage Deficit

Baker, Dean; Schmitt, John - Center for Economic and Policy Research (CEPR) - 2009

The strong rise in the U.S. stock market since the spring and the return to positive economic growth in the third quarter of this year have created a consensus among economists that the Great Recession is very likely over. Unfortunately, the end of the official recession will have little visible...

Persistent link: https://www.econbiz.de/10008545825