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Evaluating Estimates of Materials Offshoring from U.S. Manufacturing

Feenstra, Robert C. - 2012

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

Producer dynamics : new evidence from micro data

Dunne, Timothy (contributor); … - 2009

Persistent link: https://www.econbiz.de/10003684216

Import Competition and the Great U.S. Employment Sag of the 2000s

Acemoglu, Daron - 2014

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

Tasks, Automation, and the Rise in US Wage Inequality

Acemoglu, Daron; Restrepo, Pascual - National Bureau of Economic Research - 2021

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

The Macroeconomic Expectations of U.S. Managers

McClure, Ethan M. L.; Coibion, Olivier; Gorodnichenko, Yuriy - National Bureau of Economic Research - 2022

Using responses obtained through the Nielsen Homescan panel survey, we explore the differences between managers' and non-managers' expectations and perceptions of inflation and unemployment. By and large, managers and non-managers exhibit similar average inflation and unemployment expectations...

Persistent link: https://www.econbiz.de/10013191080

Eclipse of Rent-Sharing : The Effects of Managers' Business Education on Wages and the Labor Share in the US and Denmark

Acemoglu, Daron; He, Alex Xi; Le Maire, Daniel - National Bureau of Economic Research - 2022

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 Expected, Perceived, and Realized Inflation of U.S. Households before and during the COVID19 Pandemic

Weber, Michael; Gorodnichenko, Yuriy; Coibion, Olivier - National Bureau of Economic Research - 2022

As the pandemic spread across the U.S., disagreement among U.S. households about inflation expectations surged along with the mean perceived and expected level of inflation. Simultaneously, the inflation experienced by households became more dispersed. Using matched micro data on spending of...

Persistent link: https://www.econbiz.de/10012814415

Fiscal Multipliers in the COVID19 Recession

Auerbach, Alan J.; Gorodnichenko, Yuriy; McCrory, Peter B. - National Bureau of Economic Research - 2021

In response to the record-breaking COVID19 recession, many governments have adopted unprecedented fiscal stimuli. While countercyclical fiscal policy is effective in fighting conventional recessions, little is known about the effectiveness of fiscal policy in the current environment with...

Persistent link: https://www.econbiz.de/10012794559

Forward Guidance and Household Expectations

Coibion, Olivier - 2020

We compare the causal effects of forward guidance communication about future interest rates on households' expectations of inflation, mortgage rates, and unemployment to the effects of communication about future inflation in a randomized controlled trial using more than 25,000 U.S. individuals...

Persistent link: https://www.econbiz.de/10012479302

Local Fiscal Multipliers and Fiscal Spillovers in the United States

Auerbach, Alan J. - 2019

of Defense contracts and a variety of outcome variables relating to income and employment. We find strong positive …

Persistent link: https://www.econbiz.de/10012479413