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Fogel, Robert W. - National Bureau of Economic Research (NBER) - 2004

To American and European economists in 1945, the countries of Asia were unpromising candidates for high economic growth. In 1950 even the most prosperous of these countries had a per capita income less than 25 percent of that of the United States. Between the mid-1960s and the end of the...

Persistent link: https://www.econbiz.de/10005019409

Secular Trends in Physiological Capital: Implications for Equity in Health Care

Fogel, Robert W. - National Bureau of Economic Research (NBER) - 2003

Over the past three centuries there has been a rapid accumulation of physiological capital in OECD countries. Enhanced physiological capital is tied to long-term reduction in environmental hazards and to the conquest of chronic malnutrition. Data on heights and birth weights suggests that...

Persistent link: https://www.econbiz.de/10005718228

Changes in the Physiology of Aging during the Twentieth Century

Fogel, Robert W. - National Bureau of Economic Research (NBER) - 2005

One way to demonstrate how remarkable changes in the process of aging have been is to compare health over the life cycles of 3 cohorts. For the first cohort, born between 1835 and 1845 (the Civil War cohort), life was short and disabilities were common even at young ages. Other factors...

Persistent link: https://www.econbiz.de/10005774858

Changes in the Process of Aging During the Twentieth Century: Findings and Procedures of the Early Indicators Project

Fogel, Robert W. - National Bureau of Economic Research (NBER) - 2003

The program project Early Indicators of Later Work Levels, Disease and Death investigates how socioeconomic and environmental factors in early life can shape health and work levels in later life. Project researchers have approached this problem by creating a life-cycle sample that permits a...

Persistent link: https://www.econbiz.de/10005050299

Job Loss, Job Finding, and Unemployment in the U.S. Economy Over the Past Fifty Years

Hall, Robert E. - National Bureau of Economic Research (NBER) - 2005

New data compel a new view of events in the labor market during a recession. Unemployment rises almost entirely because … finding from new data is that a large fraction of workers departing jobs move to new jobs without intervening unemployment. I …

Persistent link: https://www.econbiz.de/10005014930

Wage Formation between Newly Hired Workers and Employers: Survey Evidence

Krueger, Alan B.; Hall, Robert E. - National Bureau of Economic Research (NBER) - 2008

Some workers bargain with prospective employers before accepting a job. Others could bargain, but find it undesirable, because their right to bargain has induced a sufficiently favorable offer, which they accept. Yet others perceive that they cannot bargain over pay; they regard the posted wage...

Persistent link: https://www.econbiz.de/10005829126

The Limited Influence of Unemployment on the Wage Bargain

Hall, Robert E.; Milgrom, Paul R. - National Bureau of Economic Research (NBER) - 2005

outside labor market, including especially unemployment, may be irrelevant. The job-seeker's threat point in the bargain is to … otherwise adopts all of the features of the standard Mortensen-Pissarides model, unemployment is much more sensitive to changes …

Persistent link: https://www.econbiz.de/10005004699

Employment Efficiency and Sticky Wages: Evidence from Flows in the Labor Market

Hall, Robert E. - National Bureau of Economic Research (NBER) - 2005

a burst of layoffs. Unemployment rises because jobs are hard to find, not because an unusual number of people are thrown … into unemployment. …

Persistent link: https://www.econbiz.de/10005033489

The Amplification of Unemployment Fluctuations through Self-Selection

Hall, Robert E. - National Bureau of Economic Research (NBER) - 2005

Unemployment arises from frictions in the matching of job-seekers and employers. The level of resources that employers … devote to evaluating applicants for jobs is a key factor in the magnitude of the frictions. Unemployment will be low if …-selection by job-seekers, so that they apply mainly for jobs where they are qualified, friction and thus unemployment will be low …

Persistent link: https://www.econbiz.de/10005575073

Evidence on the Determinants of the Choice between Wage Posting and Wage Bargaining

Krueger, Alan B.; Hall, Robert E. - National Bureau of Economic Research (NBER) - 2010

Some workers bargain with prospective employers before accepting a job. Others face a posted wage as a take-it-or-leave-it opportunity. Theories of wage formation point to substantial differences in labor-market equilibrium between bargained and posted wages. We surveyed a representative sample...

Persistent link: https://www.econbiz.de/10008610979