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The responses of workers and their employers to the onset of work-limiting health impairments were investigated using data from the new Health and Retirement Survey. The results indicate that many workers who suffer from health limitations are directly accommodated by their employers, and that...
Persistent link: https://www.econbiz.de/10012473710
How many "American jobs" have U.S.-born workers lost due to immigration and offshoring? Or, alternatively, is it possible that immigration and offshoring, by promoting cost-savings and enhanced efficiency in firms, have spurred the creation of jobs for U.S. natives? We consider a multi-sector...
Persistent link: https://www.econbiz.de/10012462217
This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes … in two contexts: business cycle fluctuations and long-run (trend) changes. We first consolidate data on aggregate labor … processes affect aggregate labor market outcomes …
Persistent link: https://www.econbiz.de/10012462750
unemployment. We show that heterogeneity, reflecting differences in match quality and worker assets, reduces the extent of … fluctuations in separations and unemployment. We find that the model faces a trade-off--it cannot produce both realistic dispersion … in wage growth across workers and realistic cyclical fluctuations in unemployment …
Persistent link: https://www.econbiz.de/10012463483
the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been … identified as a key reason for the rising US wage inequality, while labor market rigidities are often cited as a key reason for … European unemployment. This paper seeks to provide a unified account of these major factor market developments. It models the …
Persistent link: https://www.econbiz.de/10012473209
temporal evolution of job retention rates in U.S. labor markets, using data assembled from the sequence of Current Population …
Persistent link: https://www.econbiz.de/10012474052
firm. We overview key theories related to offshoring and its labor market effects and survey three waves of the literature …
Persistent link: https://www.econbiz.de/10012456633
Populism may seem like it has come out of nowhere, but it has been on the rise for a while. I argue that economic history and economic theory both provide ample grounds for anticipating that advanced stages of economic globalization would produce a political backlash. While the backlash may have...
Persistent link: https://www.econbiz.de/10012455123
workers produce more product varieties and thereby increase labor demand. We find that skills are associated with growth in … disproportionately large impact on unemployment during the current recession …
Persistent link: https://www.econbiz.de/10012461723
This paper provides a simple conceptual framework that captures how different perceptions, attitudes, and biases about immigrants or minorities can shape preferences for redistribution. Through the lens of this framework, we review the empirical literature on the effects of racial diversity and...
Persistent link: https://www.econbiz.de/10012479144