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When materials offshoring is measured by estimating imported intermediate inputs, a common assumption used is that an … the 3-digit I-O industry level, there is a correlation of 0.68 between the offshoring shares made with and without the …
Persistent link: https://www.econbiz.de/10012460742
Persistent link: https://www.econbiz.de/10003684216
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 …
Persistent link: https://www.econbiz.de/10012458271
Persistent link: https://www.econbiz.de/10003681819
employment opportunities for which they have comparative advantage. This framework yields a simple equation linking wage changes … offshoring) rather than those of rising market power, markups or deunionization, which themselves do not appear to play a major …
Persistent link: https://www.econbiz.de/10012585404
We examine the effect of the Great Recession of 2007-2009 on the mental health of older adults, using longitudinal Health and Retirement Study data linked to area-level data on house prices. We use a variety of measures to capture mental health and rely on the very large cross-sectional...
Persistent link: https://www.econbiz.de/10013172117
not on differential trends and do not enjoy higher output, investment, or employment growth thereafter. Using manager …
Persistent link: https://www.econbiz.de/10013172173
Estimating medical care productivity is a central economic challenge. This paper develops a satellite account for the US health sector that appropriately measures health care productivity and applies that to the elderly population between 1999 and 2012. The central output of the satellite...
Persistent link: https://www.econbiz.de/10012481152
optimal taxation of capital and labor would raise employment by 4.02% and the labor share by 0.78 percentage points, and … employment by 1.14-1.96%, but in this case efficiency can be increased by imposing an additional automation tax to reduce the … workers, reducing employment below its socially optimal level. We additionally show that reducing labor taxes or combining …
Persistent link: https://www.econbiz.de/10012482009
as they expand AI hiring. However, we find no discernible relationship between AI exposure and employment or wage growth …
Persistent link: https://www.econbiz.de/10012482476