Similar Search Results

What do data on millions of U.S. workers reveal about life-cycle earnings risk?

Guvenen, Fatih; Karahan, Fatih; Ozkan, Serdar; Song, Jae - Federal Reserve Bank of New York - 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/10011160729

Tracking the new economy : using growth theory to detect changes in trend productivity

Kahn, James A. (contributor); Rich, Robert W. (contributor) - 2003 - [Elektronische Ressource]

The acceleration of productivity since 1995 has prompted a debate over whether the economy's underlying growth rate will remain high. In this paper, we propose a methodology for estimating trend growth that draws on growth theory to identify variables other than productivity - namely consumption...

Persistent link: https://www.econbiz.de/10001751984

Exchange rates and wages

Goldberg, Linda S. (contributor); … - 2001 - [Elektronische Ressource]. - Revised January 20 2001

Persistent link: https://www.econbiz.de/10001589683

Structural change in US wage determination

Rich, Robert W. (contributor); … - 2001 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001589687

What's driving the new economy : the benefits of workplace innovation

Black, Sandra E. (contributor); Lynch, Lisa M. (contributor) - 2001 - [Elektronische Ressource]. - Revised: October 2000

Persistent link: https://www.econbiz.de/10001589696

A primer on the economics and time series econometrics of wealth effects : a comment

Lettau, Martin (contributor); … - 2001 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001590070

Job search behavior over the business cycle

Mukoyama, Toshihiko; Sahin, Aysegul; Patterson, Christina - Federal Reserve Bank of New York - 2014

We create a novel measure of job search effort starting in 1994 by exploiting the overlap between the Current … Population Survey and the American Time Use Survey. We examine the cyclical behavior of aggregate job search effort using time …

Persistent link: https://www.econbiz.de/10010890133

Shifts in the Beveridge curve

Diamond, Peter A.; Sahin, Aysegul - Federal Reserve Bank of New York - 2014

This note puts the current shift in the Beveridge curve into context by examining the behavior of the curve since 1950. Outward shifts in the Beveridge curve have been common occurrences during U.S. recoveries. By itself, the presence of a shift has not been a good predictor of whether the...

Persistent link: https://www.econbiz.de/10010890134

Debt, jobs, or housing: what's keeping millennials at home?

Brown, Meta; Lee, Donghoon; van der Klaauw, Wilbert H; … - Federal Reserve Bank of New York - 2014

Young Americans’ residence choices have changed markedly over the past fifteen years, with recent cohorts entering the housing market at lower rates, and lingering much longer in parents’ households. This paper begins with descriptive evidence on the residence choices of 1 percent of young...

Persistent link: https://www.econbiz.de/10011082708

Why did the average duration of unemployment become so much longer?

Mukoyama, Toshihiko (contributor); … - 2004 - [Elektronische Ressource]

institutional changes can only partially account for the longer duration of unemployment. We construct a job search model and …"This paper examines the causes of the observed increase in the average duration of unemployment over the past thirty … calibrate it to U.S. data. The results indicate that more than 70 percent of the increase in the duration of unemployment over …

Persistent link: https://www.econbiz.de/10002521759