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Cyclical skill-biased technological change
Balleer, Almut; Rens, Thijs van - 2009
Over the past two decades, technological progress has been biased towards making skilled labor more productive. What does skill-biased technological change imply for business cycles? To answer this question, we construct a quarterly series for the skill premium from the CPS and use it to...
Persistent link: https://www.econbiz.de/10003863655
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The German manufacturing sector is a granular economy
Wagner, Joachim - 2011
Using the approach suggested by Gabaix (Econometrica 2011) this paper demonstrates that idiosyncratic shocks in the largest firms are important for an understanding of aggregate volatility in German manufacturing industries. The implications of this finding for theoretical and empirical research...
Persistent link: https://www.econbiz.de/10009519874
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Local shocks and internal migration: the disparate effects of robots and Chinese imports in the US
Faber, Marius; Sarto, Andrés; Tabellini, Marco - 2021
Migration has long been considered one of the key mechanisms through which labor markets adjust to economic shocks. In this paper, we analyze the migration response of American workers to two of the most important shocks that hit US manufacturing since the late 1990s - Chinese import competition...
Persistent link: https://www.econbiz.de/10012603222
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Return of the Solow paradox? : IT, productivity, and employment in US manufacturing
Acemoglu, Daron; Autor, David H.; Dorn, David; Hanson, … - 2014
rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10010236437
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Wages, productivity, and work intensity in the great depression
Darby, Julia; Hart, Robert A. - 2002
' intensive margins. Short-run changes in work intensity and the longer-term goal of restoring full potential productivity …
Persistent link: https://www.econbiz.de/10011412413
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Multiple job holding, local labor markets, and the business cycle
Hirsch, Barry T.; Husain, Muhammad M.; Winters, John V. - 2016
About 5 percent of U.S. workers hold multiple jobs, which can exacerbate or mitigate employment changes over the business cycle. Theory is ambiguous and prior literature is not fully conclusive. We examine the relationship between multiple job holding and local unemployment rates using a large...
Persistent link: https://www.econbiz.de/10011449729
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Government deficit shocks and Okun's coefficient volatility : new insights on the austerity versus growth debate
Binh Thai Pham; Sala, Hector - 2019
Unites States of America (USA). We confirm the heterogeneity of Okun's coefficient across country, and its time … and USA in between. Policy wise, we claim that austerity policies may have unexpected adverse effects on job creation if …
Persistent link: https://www.econbiz.de/10012054782
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Are labor force participation rates really non-stationary? : evidence from three OECD countries
Ozdemir, Zeynel Abidin; Balcilar, Mehmet; Tansel, Aysıt - 2012
rate (LFPR) series of Australia, Canada and the USA. Therefore we allow for endogenously determined multiple structural … previous research the LFPRs of Australia, Canada and the USA are stationary implying that the informational value of the …
Persistent link: https://www.econbiz.de/10009580583
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International labour force participation rates by gender : unit root or structural breaks?
Ozdemir, Zeynel Abidin; Balcilar, Mehmet; Tansel, Aysıt - 2011
in the total, female and male labour force participation rates (LFPR) for Australia, Canada and the USA. We extend the …
Persistent link: https://www.econbiz.de/10009516900
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The nature of occupational unemployment rates in the United States : hysteresis or structural?
Candelon, Bertrand (contributor); Dupuy, Arnaud (contributor) - 2008
This paper provides new evidence on the nature of occupational differences in unemployment dynamics, which is relevant for the debate between the structural or hysteresis hypotheses. We develop a procedure that permits us to test for the presence of a structural break at unknown date. Our...
Persistent link: https://www.econbiz.de/10003729418