Showing 1 - 8 of 8
The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting lagged adjustment processes. In the context of...
Persistent link: https://www.econbiz.de/10011325992
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
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
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
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
Persistent link: https://www.econbiz.de/10001731023
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
This paper challenges what is the standard account of UK unemployment, namely that the major swings in unemployment over the past 25 years are due predominantly to movements in the underlying empirical “natural rate of unemployment” (NRU). Our analysis suggests that the British NRU has...
Persistent link: https://www.econbiz.de/10011313937