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Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back … the considerable gains in employment rates it had achieved during the 1990s, with major contractions in manufacturing … employment being a prime contributor to the slump. The U.S. employment "sag" of the 2000s is widely recognized but poorly …
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as they expand AI hiring. However, we find no discernible relationship between AI exposure and employment or wage growth …
Persistent link: https://www.econbiz.de/10012482476
This paper argues that unemployment insurance increases labor productivity by encouraging workers to seek higher … productivity jobs, and by encouraging firms to create those jobs. We use a quantitative general equilibrium model to investigate … whether this effect is comparable in magnitude to the standard moral hazard effects of unemployment insurance. Our model …
Persistent link: https://www.econbiz.de/10012471432
hazard: insured workers seek high wage jobs with high unemployment risk. An economy with risk-neutral workers achieves …-aversion reduces wages, unemployment, and investment. Unemployment insurance (UI) has the reverse effect due to market generated moral …
Persistent link: https://www.econbiz.de/10012472127
created. In a static version where capital is fixed and technology is exogenous, automation reduces employment and the labor …
Persistent link: https://www.econbiz.de/10012456424
workers to accept employment or its terms. We propose a tractable principal-agent model of coercion, based on the idea that …
Persistent link: https://www.econbiz.de/10012463068
unemployment rates for both groups. The paper provides some evidence that there has been a change in the composition of jobs in the …This paper offers a model where firms decide what types of jobs to create and then search for suitable workers. When … create a qualitative change in the composition of jobs, increasing the demand for skills, wage inequality, and the …
Persistent link: https://www.econbiz.de/10012472153
against the disabled in hiring, firing, and pay. Although the ADA was meant to increase employment of the disabled, it also … employment of disabled men of all working ages and disabled women under age 40. The effects appear to be larger in medium size … little evidence of an impact on the nondisabled, suggesting that the adverse employment consequences of the ADA have been …
Persistent link: https://www.econbiz.de/10012472141