Showing 1 - 10 of 149
Unemployment insurance taxes are experience-rated to penalize firms that dismiss workers. We examine whether experience …, nearly a million jobs in the Great Recession …
Persistent link: https://www.econbiz.de/10013462699
We use job vacancy data collected in real time by Burning Glass Technologies, as well as unemployment insurance (UI …) initial claims and the more traditional Bureau of Labor Statistics (BLS) employment data to study the impact of COVID-19 on …-at-home policies. UI claims and BLS employment data also largely match these patterns. Nearly all industries and occupations saw …
Persistent link: https://www.econbiz.de/10012482018
Standard models suggest that adverse labor demand shocks will lead to bigger employment losses if institutional factors … explains the contrast between the United States, where real wages fell over the 1980s and aggregate employment expanded … vigorously, and Europe, where real wages were (roughly) constant and employment was stagnant. We test this hypothesis by …
Persistent link: https://www.econbiz.de/10012473372
used to boost employment - hiring credits by reducing labor costs for employers, and worker subsidies by raising the … hiring credits targeting employment of disadvantaged workers, and worker subsidies targeting low-income families. Hiring … credits targeting the disadvantaged have generally been regarded as ineffective at both creating jobs and increasing incomes …
Persistent link: https://www.econbiz.de/10012461792
Machine learning (ML) is mostly a predictive enterprise, while the questions of interest to labor economists are mostly causal. In pursuit of causal effects, however, ML may be useful for automated selection of ordinary least squares (OLS) control variables. We illustrate the utility of ML for...
Persistent link: https://www.econbiz.de/10012480528
Colombia's unemployment rate rose to 20% during the late 1990s from less than 8% in 1994. This paper argues that this … in terms of equity and efficiency. We also find that adjustment costs of changing employment as well as wage elasticities … a recession had a significant effect on employment …
Persistent link: https://www.econbiz.de/10012468617
Four years after the beginning of the Great Recession, the labor market remains historically weak. Many observers have concluded that "structural" impediments to recovery bear some of the blame. This paper reviews such structural explanations. I find that there is little evidence supporting...
Persistent link: https://www.econbiz.de/10012460693
The recent experience of Washington State provides a natural setting to examine the effects of the unemployment … insurance payroll tax on wages, employment, claims and denials. During the 13 year period from 1972 through 1984, all employers … in Washington paid the same unemployment insurance (UI) tax rate. As a by-product of Federal legislation, Washington was …
Persistent link: https://www.econbiz.de/10012472005
-augmenting technologies on occupation-level employment and wage bills. A model featuring labor-saving and labor-augmenting technologies with …
Persistent link: https://www.econbiz.de/10014436977
jumps. Employment is unchanged in response to small demand shocks, but moves instantaneously to a new long-run equilibrium … listing of job vacancies, all of which change the cost of adjusting employment …
Persistent link: https://www.econbiz.de/10012476491