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different consequences for the costs of recessions. Using U.S. employer-employee data, we find that employment growth at low … that while during recessions separations fall in both high-paying and low-paying firms, the decline is stronger among low …
Persistent link: https://www.econbiz.de/10010436157
than good due to the economic contraction, despite a large literature that finds mortality rates decline during recessions …
Persistent link: https://www.econbiz.de/10012294848
. Whereas recent recessions in advanced economies usually had a disproportionate impact on men's employment, giving rise to the …
Persistent link: https://www.econbiz.de/10012493353
In recent US recessions, employment losses have been much larger for men than for women. Yet, in the current recession …
Persistent link: https://www.econbiz.de/10012258294
This paper examines the long-run effects of the 1980-1982 recession on education and income. Using confidential Census data, I estimate difference-in-differences regressions that exploit variation across counties in recession severity and across cohorts in age at the time of the recession. For...
Persistent link: https://www.econbiz.de/10012022789
Workers who enter the labor market during recessions experience lasting earnings losses, but the role of non … labor market entry during recessions generates a 5 percent reduction in earnings cumulated over the first decade of …-pay amenities. Purely pecuniary estimates can therefore overstate the welfare costs of labor market entry during recessions. …
Persistent link: https://www.econbiz.de/10014507844
business cycle forecasting and demonstrate its relevance using German data. The index measures the monthly transportation … forecasts ; macroeconomic forecasting ; new products ; transportation ; production forecasting ; nowcasting ; telemetry …
Persistent link: https://www.econbiz.de/10009232581
We propose and estimate a model where unemployment fluctuations result from self-fulfilling changes in expected inflation (sunspot shocks) affecting nominal wage bargaining. Since the estimated parameters fall near the locus of Hopf bifurcations, country-specific expected inflation shocks can...
Persistent link: https://www.econbiz.de/10003879337
In this paper, we develop an aggregation procedure using time-varying weights for constructing the common component of international economic fluctuations. The methodology for deriving time-varying weights is based on some stylized features of the data documented in the paper. The model allows...
Persistent link: https://www.econbiz.de/10011411238
The international business cycle is very important for Latin America's economic performance as the recent global crisis vividly illustrated. This paper investigates how changes in trade linkages between China, Latin America, and the rest of the world have altered the transmission mechanism of...
Persistent link: https://www.econbiz.de/10009311486