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The level and distribution of economic well-being

Bernanke, Ben S. - Federal Reserve Board (Board of Governors of the … - 2007

a speech before the Greater Omaha Chamber of Commerce, Omaha, Nebraska

Persistent link: https://www.econbiz.de/10010725350

Incentive compensation: testimony before the Committee on Financial Services, September 24, 2010

Alvarez, Scott G. - Federal Reserve Board (Board of Governors of the … - 2010

Persistent link: https://www.econbiz.de/10010727519

Minimum wage effects on employment and school enrollment: evidence from policy variation in schooling quality and compulsory schooling laws

Neumark, David; Wascher, William - Federal Reserve Board (Board of Governors of the … - 1993

Persistent link: https://www.econbiz.de/10005526395

Fluctuations in individual labor income: a panel VAR analysis

Vidangos, Ivan - Federal Reserve Board (Board of Governors of the … - 2009

This paper studies variation in individual labor income over time using a panel vector autoregression (PVAR) in income, the wage rate, hours of work, and hours of unemployment. The framework is used to investigate how much of the residual variation in labor income is due to residual variation in...

Persistent link: https://www.econbiz.de/10004965406

Modeling earnings dynamics

Altonji, Joseph; Smith, Anthony; Vidangos, Ivan - Federal Reserve Board (Board of Governors of the … - 2009

In this paper we use indirect inference to estimate a joint model of earnings, employment, job changes, wage rates, and … heterogeneity, job-specific error components in both wages and hours, and measurement error. We use the model to address a number of … important questions in labor economics, including the source of the experience profile of wages, the response of job changes to …

Persistent link: https://www.econbiz.de/10004965411

Factor intensity and price rigidity: evidence and theory

Peneva, Ekaterina V. - Federal Reserve Board (Board of Governors of the … - 2009

This paper establishes a new empirical finding: the degree of labor intensity and the degree of price flexibility are negatively correlated across industrial sectors. I model this in an economy with staggered nominal wage contracts and production sectors that differ in labor and capital...

Persistent link: https://www.econbiz.de/10004965415

Incentive compensation: testimony before the Committee on Financial Services, September 24, 2010

Alvarez, Scott G. - Federal Reserve Board (Board of Governors of the … - 2010

Persistent link: https://www.econbiz.de/10008465746

Nominal wage rigidities and the propagation of monetary disturbances

Erceg, Christopher J. - Federal Reserve Board (Board of Governors of the … - 1997

Recent research has challenged the ability of sticky price general equilibrium models to generate a contract multiplier, i.e., an effect of a monetary innovation on output that extends beyond the contract interval. We show that a simple dynamic general equilbrium model that includes...

Persistent link: https://www.econbiz.de/10005368194

Tradeoffs between inflation and output-gap variances in an optimizing-agent model

Erceg, Christopher J.; Henderson, Dale W.; Levin, Andrew T. - Federal Reserve Board (Board of Governors of the … - 1998

the special case in which prices are sticky and wages are perfectly flexible. When the model is calibrated to exhibit an …

Persistent link: https://www.econbiz.de/10005368225

Human capital, unemployment, and relative wages in a global economy

Davis, Donald R.; Reeve, Trevor A. - Federal Reserve Board (Board of Governors of the … - 2000

This paper develops a simple framework for examining human capital accumulation, unemployment, and relative wages in a …

Persistent link: https://www.econbiz.de/10005368256