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Women and the Phillips curve : do women's and men's labor market outcomes differentially affect real wage growth and inflation
Anderson, Katharine (contributor); Barrow, Lisa (contributor) - 2003 - [Elektronische Ressource]
unemployment. Juhn, Murphy, and Topel (2002) point out that the low unemployment rates for men in the 1990s were accompanied by … historically high rates of non-employment suggesting that the 1990s economy was not as strong as the unemployment rate might … increase in women's labor force participation more than offsets the decline for men, and low unemployment rates in the 1990s …
Persistent link: https://www.econbiz.de/10001920872
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On the cyclical behavior of employment, unemployment and labor force participation
Veracierto, Marcelo - Federal Reserve Bank of Chicago - 2002
decisions can simultaneously account for the observed behavior of employment, unemployment and out-of-the-labor-force. This … unemployment and out-of-the-labor-force into a single non-employment state or assuming a fixed labor force participation. Once the …
Persistent link: https://www.econbiz.de/10005419891
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The quest for the natural rate: evidence from a measure of labor market turbulence
Rissman, Ellen R. - Federal Reserve Bank of Chicago - 1998
The natural rate of unemployment changes over time as a result of structural shifts in the distribution of employment …. A time--varying measure of the natural rate is constructed as the rate of unemployment that is consistent with the … economy growing at its equilibrium rate, conditional on the level of labor market turbulence. The natural rate of unemployment …
Persistent link: https://www.econbiz.de/10005726325
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Product market evidence on the employment effects of the minimum wage
Aaronson, Daniel (contributor); French, Eric (contributor) - 2003 - [Elektronische Ressource]
"We calibrate a model of labor demand to infer the employment responseto a change in the minimum wage in the food away from home industry. Assuming a perfectly competi- tive labor market, the model predicts a 2.5 to 3.5 percent fall in employment in response to a 10 percent minimum wage change....
Persistent link: https://www.econbiz.de/10001920665
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State-contingent bank regulation with unobserved action and unobserved characteristics
Marshall, David A.; Prescott, Edward Simpson - Federal Reserve Bank of Chicago - 2002
This paper studies bank capital regulation under deposit insurance when bank attributes and actions are private information. Banks are heterogeneous in quality and choose both the mean and variance of their investment strategy. Regulatory tools include capital regulation and state-contingent...
Persistent link: https://www.econbiz.de/10005520017
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Deregulation and the relationship between bank CEO compensation and risk taking
Elijah, III Brewer; Hunter, William C.; William E.; … - Federal Reserve Bank of Chicago - 2003
The deregulation of the banking industry during the 1990s provides a natural (public policy) experiment for investigating how firms adjust their executive compensation contracts as the environment in which they operate becomes relatively more competitive. Using the Riegle-Neal Act of 1994 as a...
Persistent link: https://www.econbiz.de/10005520029