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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 …
Persistent link: https://www.econbiz.de/10012453767
Spatial differences in labor market performance are large and highly persistent. Using data from the United States, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job finding, and job filling within each country. This robust...
Persistent link: https://www.econbiz.de/10012660077
The labor-force participation rates of prime-age U.S. workers dropped in March 2020--the start of the COVID-19 pandemic--and have still not fully recovered. At the same time, substance-abuse deaths were elevated during the pandemic relative to trend indicating an increase in the number of...
Persistent link: https://www.econbiz.de/10013191027
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 …
Persistent link: https://www.econbiz.de/10012814426
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 …
Persistent link: https://www.econbiz.de/10012480375
A new lifecycle of women's employment emerged with cohorts born in the 1950s. For prior cohorts, lifecycle employment … new lifecycle of employment is initially high and flat, there is a dip in the middle and a phasing out that is more … and greater labor force recovery for those who take paid or unpaid leave. Increased employment of women in their older …
Persistent link: https://www.econbiz.de/10012455767
cohorts. It would appear that employment at older ages could stagnate or even decrease. But several other factors will be …
Persistent link: https://www.econbiz.de/10012456072
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
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 …
Persistent link: https://www.econbiz.de/10013334467
Persistent link: https://www.econbiz.de/10013480749