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Increased urbanization has also led to many challenges for urban residents. In the United States, land use and zoning, transportation and infrastructure, lack of affordable housing, and disinvestment have severely affected the quality of life of poor urban populations. Despite these challenges,...
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distribution of wages in the United States. Analysis of data from the periodic CPS computer use supplements over the years 1984 …-2003 reveals that the positive association between workplace computer use and wages declines at higher skill levels, with the … sample frame, however, the net association between rising computer use and the distribution of wages was quite limited. For …
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in the growth rate of real wages over time. We employ a novel decomposition technique that allows us to divide the time … procyclicality is largely offset by the change in the composition of the workforce, leading aggregate real wages to be almost …
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Speech to the Center for the Study of Democracy 2006-2007 Economics of Governance Lecture, University of California, Irvine, November 6, 2006>
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We show that the existence of downward nominal wage rigidities bends the short-run wage Phillips curve. We introduce a model of monetary policy with downward nominal wage rigidities and show that both the slope and curvature of the Phillips curve depend on the level of inflation and the extent...
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