Similar Search Results

The Nature of Countercyclical Income Risk

Guvenen, Fatih; Song, Jae; Ozkan, Serdar - National Bureau of Economic Research (NBER) - 2012

This paper studies the cyclical nature of individual income risk using a confidential dataset from the U.S. Social Security Administration, which contains (uncapped) earnings histories for millions of individuals. The base sample is a nationally representative panel containing 10 percent of all...

Persistent link: https://www.econbiz.de/10011271386

Explaining National Differences in the Size and Industry Distribution of Employment

Davis, Steven; Henrekson, Magnus - National Bureau of Economic Research (NBER) - 1997

national pension system, wage-setting institutions and the size of the public sector. We characterize these aspects of the … set of policies and institutions, Sweden's employment distribution in the mid-1980s is sharply tilted away from low …

Persistent link: https://www.econbiz.de/10005828881

Small Business and Job Creation: Dissecting the Myth and Reassessing theFacts

Davis, Steven; Haltiwanger, John; Schuh, Scott - National Bureau of Economic Research (NBER) - 1993

This paper investigates how job creation and destruction behavior varies by employer size in the U.S. manufacturing sector during the period 1972 to 1988. The paper also evaluates the empirical basis for conventional claims about the job-creating prowess of small businesses. The chief findings...

Persistent link: https://www.econbiz.de/10005777949

The Climate for Business Development and Employment Growth in Puerto Rico

Davis, Steven; Rivera-Batiz, Luis - National Bureau of Economic Research (NBER) - 2005

Employment rates in Puerto Rico range from 55 to 65 percent of U.S. rates during the past thirty years. This huge employment shortfall holds for men and women, cuts across all education groups, and is deeper for persons without a college degree. The shortfall is concentrated in the private...

Persistent link: https://www.econbiz.de/10005014927

Industrial Policy, Employer Size, and Economic Performance in Sweden

Davis, Steven; Henrekson, Magnus - National Bureau of Economic Research (NBER) - 1995

neutral set of policies and institutions, Sweden's employment distribution is sharply tilted away from lower wage industries …

Persistent link: https://www.econbiz.de/10005710775

What Do Data on Millions of U.S. Workers Reveal about Life-Cycle Earnings Risk?

Guvenen, Fatih; Song, Jae; Karahan, Fatih; Ozkan, Serdar - National Bureau of Economic Research (NBER) - 2015

We study the evolution of individual labor earnings over the life cycle using a large panel data set of earnings histories drawn from U.S. administrative records. Using fully nonparametric methods, our analysis reaches two broad conclusions. First, earnings shocks display substantial deviations...

Persistent link: https://www.econbiz.de/10011159892

Labor Market Flows in the Cross Section and Over Time

Davis, Steven; Haltiwanger, John; Faberman, Jason - National Bureau of Economic Research (NBER) - 2011

Many theoretical models of labor market search imply a tight link between worker flows (hires and separations) and job gains and losses at the employer level. Partly motivated by these theories, we exploit establishment-level data from U.S. sources to study the relationship between worker flows...

Persistent link: https://www.econbiz.de/10009220649

Macroeconomics With Heterogeneity: A Practical Guide

Guvenen, Fatih - National Bureau of Economic Research (NBER) - 2011

This article reviews macroeconomic models with heterogeneous households. A key question for the relevance of these models concerns the degree to which markets are complete. This is because the existence of complete markets imposes restrictions on (i) how much heterogeneity matters for aggregate...

Persistent link: https://www.econbiz.de/10009372433

Recessions and the Cost of Job Loss

Davis, Steven; von Wachter, Till Marco - National Bureau of Economic Research (NBER) - 2011

-displacement earnings if displaced in mass-layoff events that occur when the national unemployment rate is below 6 percent. They lose a … staggering 2.8 years of pre-displacement earnings if displaced when the unemployment rate exceeds 8 percent. These results … opportunities respond to contemporaneous economic conditions. Finally, we confront leading models of unemployment fluctuations with …

Persistent link: https://www.econbiz.de/10009372449

Labor Market Fluidity and Economic Performance

Davis, Steven; Haltiwanger, John - National Bureau of Economic Research (NBER) - 2014

U.S. labor markets became much less fluid in recent decades. Job reallocation rates fell more than a quarter after 1990, and worker reallocation rates fell more than a quarter after 2000. The declines cut across states, industries and demographic groups defined by age, gender and education....

Persistent link: https://www.econbiz.de/10011096583