historically high rates of non-employment suggesting that the 1990s economy was not as strong as the unemployment rate might …- employment' better capture underlying economic activity, as suggested by Juhn, Murphy, and Tope's analysis. From 1965 to 2002 the … were accompanied by historically low overall non- employment rates. We find that women's measures of labor market slackness …

estimation of our model challenging, because we cannot observe the inputs into her decision process. Nevertheless, we are able to …

. This is the case whether we measure producers' sizes with their average sales or average employment. Thus, our results …

"We calibrate a model of labor demand to infer the employment responseto a change in the minimum wage in the food away … employment in response to a 10 percent minimum wage change. We then introduce monopsony power in local la- bor markets. We … consumers in the form of higher prices. Whereas the competitive model implies that employment falls and prices rise in response …