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Persistent link: https://www.econbiz.de/10008747128
evidence pertaining to the effect of unemployment and other labor market variables on crime and compares the "strength" of the …
Persistent link: https://www.econbiz.de/10012478074
This paper reviews a new framework for analyzing the interrelationship between inequality, unemployment, labor market …. It implies that the opening of trade may raise inequality and unemployment, but always raises welfare. Unilateral … reductions in labor market frictions increase a country's welfare, can raise or reduce its unemployment rate, yet always hurt the …
Persistent link: https://www.econbiz.de/10012461995
from unemployment to income inequality. It makes three points: 1) The U.S. has incarcerated an extraordinarily high …
Persistent link: https://www.econbiz.de/10012473997
The Great Recession tested the ability of the "great U.S. jobs machine" to limit the severity of unemployment in a … live up to expectations. The level and duration of unemployment increased substantially in the downturn and the growth of …
Persistent link: https://www.econbiz.de/10012459074
instance in youth versus adult wages, helped limit U.S. unemployment, other aspects, for instance regional wage, show no …
Persistent link: https://www.econbiz.de/10012476505
Persistent link: https://www.econbiz.de/10002167590
This study uses Current Population Survey cohort data and the National Longitudinal Survey for men aged 14-24 in 1966 to examine the earnings growth of college graduates relative to high school graduates during the 1970s depressed market for graduates. The principal finding is that the...
Persistent link: https://www.econbiz.de/10012478365
inequality and raises unemployment, but expected welfare gains are ensured if workers are risk neutral. And while wage inequality …
Persistent link: https://www.econbiz.de/10003868538
This chapter analyzes the implications of the unexpected 2020-2021 COVID-19 pandemic for work and retirement in the U.S. The pandemic induced the greatest loss of jobs in the shortest period of time in U.S. history. A slow economic recovery would surely have endangered work longer/retire later...
Persistent link: https://www.econbiz.de/10012814428