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We study how human capital diversification, in the form of double majoring, affects the response of earnings to labor market shocks. Double majors experience substantial protection against earnings shocks, of 56%. This finding holds across different model specifications and data sets....
Persistent link: https://www.econbiz.de/10014468295
.e., the participation cycle, which are important for the implementation of the maximum employment mandate. We show that these … pressures on employment from participation are two-thirds that of unemployment. Moreover, the participation cycle delays the … recovery in employment because it lags the unemployment cycle. It also amplifies the unevenness of the impact of recessions …
Persistent link: https://www.econbiz.de/10012629442
Demographic differences in patterns of employment variation over the business cycle are examined in this paper. Three … in the labor market. Second, young people bear a disproportionate share of cyclical employment variation. Third, failure …
Persistent link: https://www.econbiz.de/10012478622
We rely on a decomposition of employment changes into job creation and job destruction components - and a novel set of … inferences: 1) The data favor a many- shock characterization of fluctuations in employment and job reallocation, 2) Theories of … employment fluctuations that attribute a predominant role to aggregate shocks must in order to fit the data involve …
Persistent link: https://www.econbiz.de/10012473059
This study measures the heterogeneity of establishment-level employment changes in the U.S. manufacturing sector over … reallocation and worker reallocation, to evaluate theories of heterogeneity in plant-level employment dynamics, and to establish …
Persistent link: https://www.econbiz.de/10012475277
Is healthcare employment recession proof? We examine the hypothesis that healthcare employment is stable across the … employment responds to recessions, and show that this response depends largely on the type of the exogenous shock triggering the … recession. We find that healthcare employment responds procyclically to demand-induced recessions; and the reduction is driven …
Persistent link: https://www.econbiz.de/10012938768
Persistent link: https://www.econbiz.de/10003734215
filled jobs. Under counterfactual policies that resemble traditional employment regulation, buyers post fewer online jobs and … results suggest that neither online or offline knowledge workers will benefit from applying traditional employment regulation …
Persistent link: https://www.econbiz.de/10012696386
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
employers has declined since the 1980s, yet there is a commonly expressed view that long-term employment relationships are more … difficult to attain. We reconcile these observations by examining how the distribution of employment tenure has changed in … tenure has declined markedly among older men; this trend may have spurred popular perceptions that long-term employment is …
Persistent link: https://www.econbiz.de/10012479218