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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
, when detectable, result from the even faster declines in employment …
Persistent link: https://www.econbiz.de/10012458826
Ricardian model of offshoring. A unique final good is produced by combining a skilled and an unskilled product, each produced …-scarce East. Profit maximization determines both the extent of offshoring and technological progress. Offshoring induces skill … relevant case, starting from low levels, an increase in offshoring opportunities triggers a transition with falling real wages …
Persistent link: https://www.econbiz.de/10012460066
chronic large deficits. The familiar conclusion that sustained government deficits at full employment depress private capital …
Persistent link: https://www.econbiz.de/10012471120
against the disabled in hiring, firing, and pay. Although the ADA was meant to increase employment of the disabled, it also … employment of disabled men of all working ages and disabled women under age 40. The effects appear to be larger in medium size … little evidence of an impact on the nondisabled, suggesting that the adverse employment consequences of the ADA have been …
Persistent link: https://www.econbiz.de/10012472141
Persistent link: https://www.econbiz.de/10000707732
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
not on differential trends and do not enjoy higher output, investment, or employment growth thereafter. Using manager …
Persistent link: https://www.econbiz.de/10013172173
The U.S. economy's nonfinancial debt ratio has risen since 1980 to a level that is extraordinary in comparison with prior historical experience. Approximately one-half of this rise has consisted of increased indebtedness (relative to income) of borrowers in the economy's private sector,...
Persistent link: https://www.econbiz.de/10012476998
The rapidly growing net inflow of capital from abroad, mirroring the extraordinary deterioration of the U.S. export-import balance, has played a major role in equilibrating overall saving and investment in the United States in the face of unprecedentedly large and persistent federal goverriment...
Persistent link: https://www.econbiz.de/10012477273