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Ay?egül ?ahin; Song, Joseph; Topa, Giorgio; Violante, … - In: American Economic Review 104 (2014) 11, pp. 3529-64

We develop a framework where mismatch between vacancies and job seekers across sectors translates into higher unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the recent rise in U.S. unemployment by exploiting two sources...

Persistent link: https://www.econbiz.de/10011014367

Labor-Market Dropouts and the Racial Wage Gap: 1940-1990

Chandra, Amitabh - In: American Economic Review 90 (2000) 2, pp. 333-338

Persistent link: https://www.econbiz.de/10005233539

Optimal Life-Cycle Investing with Flexible Labor Supply: A Welfare Analysis of Life-Cycle Funds

Gomes, Francisco J.; Kotlikoff, Laurence J.; Viceira, … - In: American Economic Review 98 (2008) 2, pp. 297-303

Persistent link: https://www.econbiz.de/10005233653

Contingent Claims Analysis and Life-Cycle Finance

Bodie, Zvi; Ruffino, Doriana; Treussard, Jonathan - In: American Economic Review 98 (2008) 2, pp. 291-96

Persistent link: https://www.econbiz.de/10005241105

The Probability of Finding a Job

Shimer, Robert - In: American Economic Review 98 (2008) 2, pp. 268-73

Persistent link: https://www.econbiz.de/10005241163

The Limited Influence of Unemployment on the Wage Bargain

Hall, Robert E.; Milgrom, Paul R. - In: American Economic Review 98 (2008) 4, pp. 1653-74

When a job-seeker and an employer meet, find a prospective joint surplus, and bargain over the wage, conditions in the outside labor market, including especially unemployment, may have limited influence. The job-seeker's only credible threat during bargaining is to hold out for a better deal....

Persistent link: https://www.econbiz.de/10005241354

Struggling to Understand the Stock Market

Hall, Robert E. - In: American Economic Review 91 (2001) 2, pp. 1-11

Persistent link: https://www.econbiz.de/10005241427

Health, Human Capital, and Life Cycle Labor Supply

Hokayem, Charles; Ziliak, James P. - In: American Economic Review 104 (2014) 5, pp. 127-31

We use new PSID data on consumption and health, along with information on annual sick time, to estimate a structural labor supply model that incorporates a health capital stock with the traditional human capital learning-by-doing model. The estimates show strong evidence of learning by doing as...

Persistent link: https://www.econbiz.de/10010815483

Married with Children: A Collective Labor Supply Model with Detailed Time Use and Intrahousehold Expenditure Information

Cherchye, Laurens; Rock, Bram De; Vermeulen, Frederic - In: American Economic Review 102 (2012) 7, pp. 3377-3405

We propose a collective labor supply model with household production that generalizes a model of Blundell, Chiappori, and Meghir (2005). Adults' preferences depend not only on own leisure and individual private consumption of market goods. They also depend on the consumption of domestic goods,...

Persistent link: https://www.econbiz.de/10010815562

Time Use during the Great Recession

Aguiar, Mark; Hurst, Erik; Karabarbounis, Loukas - In: American Economic Review 103 (2013) 5, pp. 1664-96

percent of foregone market work hours at business cycle frequencies. Leisure absorbs roughly 50 percent of foregone market … work hours, with sleeping and television watching accounting for most of this increase. We document significant increases … market work hours. We discuss the implications of our results for business cycle models with home production and non …

Persistent link: https://www.econbiz.de/10010815598