Estimating the causal effect of offshoring on domestic employment is difficult because of the inherent simultaneity of … multinational firms' domestic and foreign affiliate employment decisions. In this paper, we resolve this identification problem …, demonstrating the simultaneity problem and showing how to resolve it using BTTs as an instrument for offshore employment. We confirm …

attachment. Exploiting variation in labor market tightness across metropolitan areas, we show that the employment of populations … the employment of less attached workers when the central bank follows an average inflation targeting rule and when the …

as big as it was. If housing prices had not responded at all to the China shock, then the total employment effect of the … shock, however, so the independent employment effect of the China shock is reduced by about 20-30%, with that remainder …

Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back … the considerable gains in employment rates it had achieved during the 1990s, with major contractions in manufacturing … employment being a prime contributor to the slump. The U.S. employment "sag" of the 2000s is widely recognized but poorly …

flood risk has a large negative impact on firm entry, employment, and output in the long run; and (2) flood events reduce … output in the short run while their impact on firm entry and employment is limited. Motivated by these findings, we construct … a spatial equilibrium model to characterize how flood risk shapes firms' location choices and workers' employment, which …

distribution of incomes and employment, to consider explicit measures of well-being, which have been shown to depend on far more …