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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
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
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
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
to measurable, short-horizon changes in labor market outcomes within and between generations. We then empirically analyze …
Persistent link: https://www.econbiz.de/10012479149
labor markets. While immigration policies are typically national, the effects of international migrants are often more …
Persistent link: https://www.econbiz.de/10012458239
We establish an important role for the firm by studying capital reallocation decisions of mutual fund firms. At least 30% of the value mutual fund managers add can be attributed to the firm's role in efficiently allocating capital amongst its mutual fund managers. We find no evidence of a...
Persistent link: https://www.econbiz.de/10012458526
We explore the response of employment (unemployment) skill differentials to skill-biased shifts in demand touched off … by the new and spreading technologies. We find that skill differentials in unemployment follow at least in part the same … differences defined by technology. In the aggregate time series relative unemployment is defined by educational unemployment …
Persistent link: https://www.econbiz.de/10012470933
(i.e., unemployment) and easily integrates into theoretical models. We apply our filter to a unique linkage of 23.5m SSA … of persistent earnings losses associated with full year unemployment has increased by 50%. Using geography, education …
Persistent link: https://www.econbiz.de/10012794595
labor markets. We find that workers age 62 to 69 are responsive to the unemployment rate and to long-run fluctuations in … accounts and falling home equity will lead workers to delay retirement. Yet the weakness in the labor market and its impact on … March Current Population Survey to estimate models relating retirement decisions to fluctuations in equity, housing, and …
Persistent link: https://www.econbiz.de/10012463254