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Over the last half century, U.S. wage growth stagnated, wage inequality rose, and the labor-force participation rate of prime-age men steadily declined. In this article, we examine these labor market trends, focusing on outcomes for males without a college education. Though wages and...
Persistent link: https://www.econbiz.de/10012479530
Persistent link: https://www.econbiz.de/10001511621
This paper reviews the literature on idiosyncratic equity volatility since the publication of "Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk" in 2001. We respond to replication studies by Chiah, Gharghori, and Zhong and by Leippold and Svaton, and we...
Persistent link: https://www.econbiz.de/10013191011
. employment of production workers in manufacturing dropped by 2.2 mil1ion or 15 percent while employment of non-production workers … rose by 3 percent. A decomposition of changing employment patterns in each of 450 industries reveals that the defense …-production workers since the shift is mostly due to changes in labor demand within industries rather than reallocation of employment …
Persistent link: https://www.econbiz.de/10012474707
.S., receive a substantial return to finding employment in the U.S., even as temporary work visa policies may limit their entry …
Persistent link: https://www.econbiz.de/10012458162