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Most economists maintain that the labor market in the United States is 'tight' because unemployment rates are low. They …, prior to that, real wages had been stagnant for some time. We show that unemployment is not key to understanding wage …
Persistent link: https://www.econbiz.de/10013361977
We show that Covid-19 illnesses persistently reduce labor supply. Using an event study, we estimate that workers with week-long Covid-19 work absences are 7 percentage points less likely to be in the labor force one year later compared to otherwise-similar workers who do not miss a week of work...
Persistent link: https://www.econbiz.de/10013388791
Unemployment is notoriously difficult to predict. In previous studies, once country fixed effects are added to panel … estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries over 439 months … unemployment rate 12 months in advance based on individuals' fears of unemployment, their perceptions of the economic situation and …
Persistent link: https://www.econbiz.de/10012616620
are more likely than others to leave their job for unemployment or economic inactivity. This probability rises with the …The cross-sectional association between pain and unemployment is well-established. But the absence of panel data …
Persistent link: https://www.econbiz.de/10012533412
of unemployment insurance and work from home. We use Current Population Survey and Social Security application data to … expiration of expanded unemployment insurance, we find that the loss of these additional financial supports is associated with a … drop in older adult unemployment rates and an increase in Social Security Disability Insurance claiming. Social Security …
Persistent link: https://www.econbiz.de/10013435129
variables while it is uncorrelated with life satisfaction. The unemployment rate and the CPI reduce both. We analyze data for 29 … European countries to predict changes in the unemployment rate 12 months ahead using individuals' fears of unemployment in the … presence of country and year fixed effects and lagged unemployment. We also use firms' expectations of future employment, which …
Persistent link: https://www.econbiz.de/10014447326