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Families in macroeconomics
Doepke, Matthias; Tertilt, Michele - 2016
Much of macroeconomics is concerned with the allocation of physical capital, human capital, and labor over time and across people. The decisions on savings, education, and labor supply that generate these variables are made within families. Yet the family (and decision-making in families) is...
Persistent link: https://www.econbiz.de/10011454407
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Macroeconomic determinants of retirement timing
Gorodnichenko, Yuriy; Song, Jae; Stolyarov, Dmitriy - 2013
We analyze lifetime earnings histories of white males during 1960-2010 and categorize the labor force status of every worker as either working full-time, partially retired or fully retired. We find that the fraction of partially retired workers has risen dramatically (from virtually 0 to 15...
Persistent link: https://www.econbiz.de/10010221835
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A reappraisal of the inflation-unemployment tradeoff
Karanassou, Marika; Sala, Hector; Snower, Dennis J. - 2002
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth" describing the interplay between nominal frictions and money growth. When the money supply grows in the presence of price inertia (due to staggered wage contracts with time discounting), the...
Persistent link: https://www.econbiz.de/10011414902
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Does extending unemployment benefits improve job quality?
Nekoei, Arash; Weber, Andrea - 2015
insurance (UI) on reemployment wages. This paper estimates a positive UI wage effect exploiting an age-based regression … balance between two offsetting forces: UI causes agents to seek higher-wage jobs, but also reduces wages by lengthening … both in our sample and across studies, reconciling disparate wage-effect estimates. Empirically, UI raises wages by …
Persistent link: https://www.econbiz.de/10010517037
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Labor market effects of US sick pay mandates
Pichler, Stefan; Ziebarth, Nicolas R. - 2016
market consequences. We use the Synthetic Control Group Method (SCGM) and the Quarterly Census of Employment and Wages (QCEW …) to estimate the causal effect of mandated sick leave on employment and wages. Our findings do not provide much evidence … that employment or wages were significantly affected by the mandates which typically allow employees to earn one hour of …
Persistent link: https://www.econbiz.de/10011455898
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Does private schooling increase adult earnings? : cohort-level evidence for U.S. states
Berger, Reilee L.; Winters, John V. - 2016
Public schooling in the U.S. has numerous critics, many of whom suggest that alternatives such as providing vouchers for private schools may be more effective. This paper combines decennial census and American Community Survey data for various years to examine the relationship between...
Persistent link: https://www.econbiz.de/10011521168
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The effects of paid family leave in California on labor market outcomes
Baum, Charles L.; Ruhm, Christopher J. - 2014
life and possibly also on wages. …
Persistent link: https://www.econbiz.de/10010398868
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Fixed exchange-rate policy and real wage growth : quasi-experimental evidence
Andini, Corrado - 2014
Using Difference-in-Differences estimation and data from the European Community Household Panel, this paper suggests that the fixed exchange-rate policy adopted by Italy in the 1997-2000 period has reduced the real hourly wage growth of Italian fulltime workers with permanent contracts, on...
Persistent link: https://www.econbiz.de/10010457884
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Offshoring and labor markets
Hummels, David; Munch, Jakob Roland; Chong, Xiang - 2016
In this paper we survey the recent empirical literature on the effects of offshoring on wage, employment and displacement. We start with an overview of the measurement of offshoring, organizing our discussion around the three key elements of offshoring: that it involves intermediate inputs for...
Persistent link: https://www.econbiz.de/10011452576
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How forced displacements caused by a violent conflict affect wages in Colombia
Gimenez-Nadal, José Ignacio; Molina, José Alberto; … - 2016
In this paper, we analyze how forced displacements caused by violent conflicts affect the wages of displaced workers in … country. Using data from the Quality of Life Survey (2011-2014), we analyze differences in wages between those who were forced … find that forced displacement decreases between 6% and the 22% the wages of males, and between 17% and 37% the wages of …
Persistent link: https://www.econbiz.de/10011475088