Narrow search
Showing 1 - 10 of 12
Cover Image
Another look at whether a rising tide lifts all boats
Hines, James R.; Hoynes, Hilary W.; Krueger, Alan B. - 2001
Persistent link: https://www.econbiz.de/10001600876
Cover Image
Why U.S. Wage and Employment Behavior Differs from that in Britain and Japan
Gordon, Robert J. - 2021
greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In …
Persistent link: https://www.econbiz.de/10013239186
Cover Image
Why U.S. Wage and Employment Behavior Differs from That in Britain and Japan
Gordon, Robert J. - 1981
greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In …
Persistent link: https://www.econbiz.de/10012478304
Cover Image
U.S. Inflation, Labor'S Share, and the Natural Rate of Unemployment
Gordon, Robert J. - 2021
The Phillips curve was init-ally formulated as a relationship between the rate of change and unemployment, yet what matters for stabilization policy is the rate of inflation, not the rate of wage change. This paper provides new estimates of Phillips curves for both prices and wages extending...
Persistent link: https://www.econbiz.de/10013218329
Cover Image
Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States
Card, David; Krueger, Alan B. - 2021
This paper estimates the effects of school quality - - measured by the pupil-teacher ratio, the average term length, and the relative pay of teachers -- on the rate of return to education for men born between 1920 and 1949. Using earnings data from the 1980 Census, we find that men who were...
Persistent link: https://www.econbiz.de/10013243437
Cover Image
Productivity, Wages, and Prices Inside and Outside of Manufacturing in the U.S., Japan, and Europe
Gordon, Robert J. - 2021
This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data set that allows a consistent analysis of the aggregate economy, the manufacturing sector, and the nonmanufacturing sector. Results are presented for the U. S., Japan, and an...
Persistent link: https://www.econbiz.de/10013244903
Cover Image
Observations and Conjectures on the U.S. Employment Miracle
Krueger, Alan B.; Pischke, Jörn-Steffen - 2022
-country differences in employment and population growth. This section finds that the U.S. has managed to absorb added workers … -- especially female workers -- into employment at a greater rate than most countries. The leading explanation for this phenomenon … is that the U.S. labor market has flexible wages and employment practices, whereas European labor markets are rigid. The …
Persistent link: https://www.econbiz.de/10013324004
Cover Image
Productivity, Wages, and Prices Inside and Outside of Manufacturing in the U.S., Japan, and Europe
Gordon, Robert J. - 1986
This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data set that allows a consistent analysis of the aggregate economy, the manufacturing sector, and the nonmanufacturing sector. Results are presented for the U. S., Japan, and an...
Persistent link: https://www.econbiz.de/10012477000
Cover Image
Price Inertia and Policy Ineffectiveness in the United States, 1890-1980
Gordon, Robert J. - 1981
This paper introduces a new approach to the empirical testing of the Lucas- Sargent-Wallace (LSW) "policy ineffectiveness proposition." Instead of testing that hypothesis in isolation from any plausible alternative, the paper develops a single empirical equation explaining price change that...
Persistent link: https://www.econbiz.de/10012478371
Cover Image
Observations and Conjectures on the U.S. Employment Miracle
Krueger, Alan B. - 1997
-country differences in employment and population growth. This section finds that the U.S. has managed to absorb added workers … -- especially female workers -- into employment at a greater rate than most countries. The leading explanation for this phenomenon … is that the U.S. labor market has flexible wages and employment practices, whereas European labor markets are rigid. The …
Persistent link: https://www.econbiz.de/10012472667