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and examines whether the US fulfills these criterion. The US's employment and productivity performance make it a … workers, continued full employment will greatly strengthen the case for the US as peak economy. But with anything less than … full employment the US economy will lose its luster. Even if this occurs, however, the US record in employing women and …
Persistent link: https://www.econbiz.de/10012470993
Is healthcare employment recession proof? We examine the hypothesis that healthcare employment is stable across the … employment responds to recessions, and show that this response depends largely on the type of the exogenous shock triggering the … recession. We find that healthcare employment responds procyclically to demand-induced recessions; and the reduction is driven …
Persistent link: https://www.econbiz.de/10012938768
We study how human capital diversification, in the form of double majoring, affects the response of earnings to labor market shocks. Double majors experience substantial protection against earnings shocks, of 56%. This finding holds across different model specifications and data sets....
Persistent link: https://www.econbiz.de/10014468295
.e., the participation cycle, which are important for the implementation of the maximum employment mandate. We show that these … pressures on employment from participation are two-thirds that of unemployment. Moreover, the participation cycle delays the … recovery in employment because it lags the unemployment cycle. It also amplifies the unevenness of the impact of recessions …
Persistent link: https://www.econbiz.de/10012629442
Disappointing recent growth rates, the emergence of structurally unfavorable income and employment conditions, and …
Persistent link: https://www.econbiz.de/10012477773
Demographic differences in patterns of employment variation over the business cycle are examined in this paper. Three … in the labor market. Second, young people bear a disproportionate share of cyclical employment variation. Third, failure …
Persistent link: https://www.econbiz.de/10012478622
employment, and (3) are utilitarian. " Formally, the problem is a special case of a multidimensional screening problem with two … redistribution in this environment involves distorting market" employment upwards for low net-income individuals (through negative … marginal income taxes or" employment subsidies) and distorting employment downward for high net-income individuals" (through …
Persistent link: https://www.econbiz.de/10012472461
We rely on a decomposition of employment changes into job creation and job destruction components - and a novel set of … inferences: 1) The data favor a many- shock characterization of fluctuations in employment and job reallocation, 2) Theories of … employment fluctuations that attribute a predominant role to aggregate shocks must in order to fit the data involve …
Persistent link: https://www.econbiz.de/10012473059
This study measures the heterogeneity of establishment-level employment changes in the U.S. manufacturing sector over … reallocation and worker reallocation, to evaluate theories of heterogeneity in plant-level employment dynamics, and to establish …
Persistent link: https://www.econbiz.de/10012475277