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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

The effects of paid family leave in California on labor market outcomes

Baum, Charles L.; Ruhm, Christopher J. - 2014

effects of CA-PFL. Rights to paid leave are also associated with higher work and employment probabilities for mothers nine to …

Persistent link: https://www.econbiz.de/10010398868

Productivity growth and the Phillips curve : a reassessment of the US experience

Karanassou, Marika; Sala, Hector - 2009

In this paper we analyse a new Phillips curve (NPC) model and demonstrate that (i) frictional growth, i.e. the interplay of wage-staggering and money growth, generates a nonvertical NPC in the long-run, and (ii) the Phillips curve (PC) shifts with productivity growth. On this basis we estimate a...

Persistent link: https://www.econbiz.de/10003879334

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

Cognitive performance and labor market outcomes

Lin, Dajun; Lutter, Randall W.; Ruhm, Christopher J. - 2016

We use information from the National Longitudinal Survey of Youth 1979 (NLSY79) and supplementary data sources to examine how cognitive performance, measured at approximately the end of secondary schooling, is related to the labor market outcomes of 20 through 50 year olds. Our estimates control...

Persistent link: https://www.econbiz.de/10011517671

Maternal employment and adolescent development

Ruhm, Christopher J. (contributor) - 2005

This study investigates how maternal employment is related to the outcomes of 10 and 11 year olds, controlling for a … even moderate amounts of employment. The negative cognitive effects occur partly because maternal labor supply reduces the … significant. -- maternal employment ; adolescent development ; child obesity ; socioeconomic status …

Persistent link: https://www.econbiz.de/10003011515

Healthy living in hard times

Ruhm, Christopher J. (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001731023

Factor shares, the price markup, and the elasticity of substitution between capital and labor

Raurich-Puigdevall, Xavier; Sala, Hector; Sorolla i … - 2011

In a Walrasian labor market, the labor income share is constant under the assumptions of a Cobb-Douglas production function and perfect competition. Given the observed decline of the labor share in recent decades, this paper relaxes these assumptions, proposes a time-series calculation of the...

Persistent link: https://www.econbiz.de/10009422480

The US inflation-unemployment tradeoff : methodological issues and further evidence

Karanassou, Marika; Sala, Hector - 2009

This paper addresses the various methodological issues surrounding vector autoregressions, simultaneous equations, and chain reactions, and provides new evidence on the long-run inflation-unemployment tradeoff in the US. It is argued that money growth is a superior indicator of the monetary...

Persistent link: https://www.econbiz.de/10003878210

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