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Inequality and employment sensitivities to the falling labour share

Karanassou, Marika; Sala, Hector - 2011

inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate … contributions of the labour share to the trajectories of inequality and employment during specific time intervals in the post-1990 … years. We find that during the nineties the cost of a one percent increase in employment was in the range of 0 …

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

Migraine headache and labor market outcomes

Rees, Daniel I.; Sabia, Joseph J. - 2012

While migraine headache can be physically debilitating, no study has attempted to estimate its effects on labor market outcomes. Using data drawn from the National Longitudinal Study of Adolescent Health, we estimate the effect of migraine headache on labor force participation, hours worked, and...

Persistent link: https://www.econbiz.de/10009674962

Oil price shocks and labor market fluctuations

Ordóñez, Javier; Sala, Hector; Silva, José Ignacio - 2010

We examine the impact of real oil price shocks on labor market flows in the US We first use smooth transition regression (STR) models to investigate to what extent oil prices can be considered as a driving force of labor market fluctuations. Then we develop and calibrate a modified version of...

Persistent link: https://www.econbiz.de/10008779924

The evolution of inflation and unemployment : explaining the roaring nineties

Karanassou, Marika (contributor); Sala, Hector (contributor) - 2007

This paper analyses the relation between US inflation and unemployment from the perspective of "frictional growth," a phenomenon arising from the interplay between growth and frictions. In particular, we examine the interaction between money growth (on the one hand) and various real and nominal...

Persistent link: https://www.econbiz.de/10003586564

Medical marijuana laws and teen marijuana use

Anderson, D. Mark; Hansen, Benjamin; Rees, Daniel I. - 2012

While at least a dozen state legislatures are considering bills to allow the consumption of marijuana for medicinal purposes, the federal government has recently intensified its efforts to close medical marijuana dispensaries. Federal officials contend that the legalization of medical marijuana...

Persistent link: https://www.econbiz.de/10009545252

High on life? : medical marijuana laws and suicide

Anderson, D. Mark; Rees, Daniel I.; Sabia, Joseph J. - 2012

Using state-level data for the period 1990 through 2007, we estimate the effect of legalizing medical marijuana on suicide rates. Our results suggest that the passage of a medical marijuana law is associated with an almost 5 percent reduction in the total suicide rate, an 11 percent reduction in...

Persistent link: https://www.econbiz.de/10009529493

The kid's speech : the effect of stuttering on human capital acquisition

Rees, Daniel I.; Sabia, Joseph J. - 2011

A number of studies have shown that childhood speech impairments such as stuttering are associated with lower test scores and educational attainment. However, it is unclear whether this result is causal in nature or whether it can be explained by difficult-to-measure heterogeneity at the...

Persistent link: https://www.econbiz.de/10009309645

Cigarette taxes and youth smoking : updated estimates using YRBS data

Hansen, Benjamin; Sabia, Joseph J.; Rees, Daniel I. - 2015

Using data from the state and national Youth Risk Behavior Surveys for the period 1991-2005, Carpenter and Cook (2008) found a strong, negative relationship between cigarette taxes and youth smoking. We revisit this relationship using four additional waves of YRBS data (2007, 2009, 2011, and...

Persistent link: https://www.econbiz.de/10011288525

Distributional consequences of capital accumulation, globalisation and financialisation in the US

Karanassou, Marika; Sala, Hector - 2013

In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and disclose the dramatic upward trend in...

Persistent link: https://www.econbiz.de/10009717716

Investment crowding-out and labor market effects of financialization in the US

González, Ignacio; Sala, Hector - 2013

This paper studies the impact of financialization on unemployment in the U.S. We estimate a dynamic multi-equation macro labor model including labor demand, labor supply, wage-setting and capital accumulation equations. Financialization appears as a key determinant of capital accumulation which,...

Persistent link: https://www.econbiz.de/10009721371