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Labour market dynamics in Australia : what drives unemployment?

Karanassou, Marika (contributor); Sala, Hector (contributor) - 2009

causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …

Persistent link: https://www.econbiz.de/10003793964

This job is "getting old" : measuring changes in job opportunities using occupational age structure

Autor, David H.; Dorn, David - 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/10003801096

Unemployment invariance

Karanassou, Marika; Snower, Dennis J. - 2002

This paper provides a critique of the "unemployment invariance hypothesis", according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …

Persistent link: https://www.econbiz.de/10011412072

When work disappears : manufacturing decline and the falling marriage-market value of young men

Autor, David H.; Dorn, David; Hanson, Gordon H. - 2018

We exploit the gender-specific components of large-scale labor demand shocks stemming from rising international manufacturing competition to test how shifts in the relative economic stature of young men versus young women affected marriage, fertility and children's living circumstances during...

Persistent link: https://www.econbiz.de/10011845495

Untangling trade and technology : evidence from local labor markets

Autor, David H.; Dorn, David; Hanson, Gordon H. - 2013

We juxtapose the effects of trade and technology on employment in U.S. local labor markets between 1990 and 2007. Labor markets whose initial industry composition exposes them to rising Chinese import competition experience significant falls in employment, particularly in manufacturing and among...

Persistent link: https://www.econbiz.de/10009729339

Trade and inequality in Europe and the US

Dorn, David; Levell, Peter - 2021

The share of low-income countries in global exports nearly tripled between 1990 and 2015, driven largely by the rapid emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower-income countries could raise income inequality in Europe...

Persistent link: https://www.econbiz.de/10012745407

The wage-productivity gap revisited : is the labour share neutral to employment?

Karanassou, Marika; Sala, Hector - 2010

This paper challenges the prevailing view of the neutrality of the labour income share to labour demand, and investigates its impact on the evolution of employment. Whilst maintaining the assumption of a unitary long-run elasticity of wages with respect to productivity, we demonstrate that...

Persistent link: https://www.econbiz.de/10008779969

Inequality and employment sensitivities to the falling labour share

Karanassou, Marika; Sala, Hector - 2011

This paper aims at identifying the labour share (wage-productivity gap) as a major factor in the evolution of inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate country-specific systems of labour demand and Gini coefficient...

Persistent link: https://www.econbiz.de/10009309510

The growth of low skill service jobs and the polarization of the US labor market

Autor, David H.; Dorn, David - 2012

We offer an integrated explanation and empirical analysis of the polarization of U.S. employment and wages between 1980 and 2005, and the concurrent growth of low skill service occupations. We attribute polarization to the interaction between consumer preferences, which favor variety over...

Persistent link: https://www.econbiz.de/10009679627

On the persistence of the China shock

Autor, David H.; Dorn, David; Hanson, Gordon H. - 2021

We evaluate the duration of the China trade shock and its impact on a wide range of outcomes over the period 2000 to 2019. The shock plateaued in 2010, enabling analysis of its effects for nearly a decade past its culmination. Adverse impacts of import competition on manufacturing employment,...

Persistent link: https://www.econbiz.de/10012653204