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Ebell, Monique - Centre for Economic Performance, LSE - 2008

unemployment and a positively-sloped Beveridge curve. This paper presents a calibrated model which succeeds at generating … countercyclical unemployment and a negatively-sloped Beveridge curve despite the presence of a participation margin. …

Persistent link: https://www.econbiz.de/10005016888

Unemployment and Hours of Work: The North Atlantic Divide Revisited

Pissarides, Christopher A. - Centre for Economic Performance, LSE - 2006

I examine the dynamic evolutions of unemployment, hours of work and the service share since the war in the United … that the very low unemployment in Europe in the 1960s was due to the high productivity growth associated with technological …

Persistent link: https://www.econbiz.de/10005150972

Labor Market Slack and Monetary Policy

Levin, Andrew Theo; Blanchflower, David G. - National Bureau of Economic Research (NBER) - 2015

conventional measure of the unemployment rate (that is, the number of individuals who are not working at all and actively searching … working part time who want a full-time job) and the extent of hidden unemployment (that is, people who are not actively ….S. labor market slack and show that underemployment and hidden unemployment currently account for the bulk of the U …

Persistent link: https://www.econbiz.de/10011262922

The Great Recession, Retirement and Related Outcomes

Gustman, Alan L.; Steinmeier, Thomas L.; Tabatabai, Nahid - National Bureau of Economic Research (NBER) - 2015

This paper uses data from the Health and Retirement Study to examine retirement and related labor market outcomes for the Early Boomer cohort, those in their mid-fifties at the onset of the Great Recession. Outcomes are then compared with older cohorts at the same age. The Great Recession...

Persistent link: https://www.econbiz.de/10011185004

The Labor Market Four Years Into the Crisis: Assessing Structural Explanations

Rothstein, Jesse - National Bureau of Economic Research (NBER) - 2012

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/10011188535

This Job is 'Getting Old:' Measuring Changes in Job Opportunities Using Occupational Age Structure

Autor, David; Dorn, David - National Bureau of Economic Research (NBER) - 2009

High- and low-wage occupations are expanding rapidly relative to middle-wage occupations in both the U.S. and the E.U. We study the reallocation of workers from middle-skill occupations towards the tails of the occupational skill distribution by analyzing changes in age structure within and...

Persistent link: https://www.econbiz.de/10005089122

The Role of Labor Market Changes in the Slowdown of European Productivity Growth

Gordon, Robert J.; Dew-Becker, Ian - National Bureau of Economic Research (NBER) - 2008

Throughout the postwar era until 1995 labor productivity grew faster in Europe than in the United States. Since 1995, productivity growth in the EU-15 has slowed while that in the United States has accelerated. But Europe's productivity growth slowdown was largely offset by faster growth in...

Persistent link: https://www.econbiz.de/10005777505

Gender Roles and Medical Progress

Albanesi, Stefania; Olivetti, Claudia - National Bureau of Economic Research (NBER) - 2009

The entry of married women into the labor force is one of the most notable economic phenomena of the twentieth century. We argue that medical progress played a critical role in this process. Improved maternal health alleviated the adverse effects of pregnancy and childbirth on women's ability to...

Persistent link: https://www.econbiz.de/10005714068

Pattern in Regional Labor Market Adjustment: The United States vs. Japan

Montgomery, Edward B. - National Bureau of Economic Research (NBER) - 1993

distribution) of wages, unemployment, employment growth, and migration remain remarkably constant in Japan for periods of up to 15 … years. Although wages, unemployment, and migration appear to be driven by similar factors in both countries, wages appear to … be slightly more sensitive while unemployment is less sensitive to demand shifts in Japan than in the U.S. …

Persistent link: https://www.econbiz.de/10005714603

How Much Is Employment Increased by Cutting Labor Costs? Estimating the Elasticity of Job Creation

Beaudry, Paul; Green, David A.; Sand, Benjamin M. - National Bureau of Economic Research (NBER) - 2010

In search and bargaining models, the effect of higher wages on employment is determined by the elasticity of the job creation curve. In this paper, we use U.S. data over the 1970-2007 period to explore whether labor market outcomes abide by the restrictions implied by such models and to evaluate...

Persistent link: https://www.econbiz.de/10008625924