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Distributional consequences typically receive limited attention in economic models that analyze the effects of monetary and financial sector policies. These consequences deserve more attention since financial markets are incomplete, imperfect, and economic agents' access to them is often...
Persistent link: https://www.econbiz.de/10010328965
health and employment among older Canadians. We focus on two issues: (1) the possible endogeneity of self-reported health … estimates of the impact of health on employment using self-assessed health, the HUI3, and a ?purged? health measure similar to …
Persistent link: https://www.econbiz.de/10010262030
that the two dimensions of the extensive margin, the employment rate and the participation rate, explain the most of the …
Persistent link: https://www.econbiz.de/10010268973
than it was in 1989. Last, the rate of self-employment has been falling gently in ISSP data; even so three to four times as … satisfied than are employees, one consistent interpretation of the above is that the barriers to self-employment have grown in …
Persistent link: https://www.econbiz.de/10010269197
Surveys (ATUS) to investigate the effects of employment on the time a student spends on homework and other major activities … outcomes. Our results suggest that employment decreases the time that high school students spend on human …
Persistent link: https://www.econbiz.de/10010269483
immigrants' labour force participation rate and employment probability. For recent immigrants who arrived in Canada within the … positively related to their employment probability in all censuses. However, living in an enclave has no significant effect on …
Persistent link: https://www.econbiz.de/10010269543
, it delivers an expression for the employment rate and as side-products, a measure of the unemployment rate and the size … rationalizes differences in employment rates: in the U.S., we find a market productivity premium of +30% and market frictions of …
Persistent link: https://www.econbiz.de/10010277062
It has been well documented that employment outcomes often differ considerably across areas. This paper examines the … external effects on labor force participation and employment for U.S. metropolitan area residents. The empirical results … employment for both women and men. We also find that less educated workers generally receive the largest external benefits. …
Persistent link: https://www.econbiz.de/10010289951
The Friedman rule states that steady-state welfare is maximized when there is deflation at the real rate of interest. Recent work by Khan et al (2003) uses a richer model but still finds deflation optimal. In an otherwise standard new Keynesian model we show that, if households have hyperbolic...
Persistent link: https://www.econbiz.de/10009021640
The Friedman rule states that steady-state welfare is maximized when there is deflation at the real rate of interest. Recent work by Khan et al (2003) uses a richer model but still finds deflation optimal. In an otherwise standard new Keynesian model we show that, if households have hyperbolic...
Persistent link: https://www.econbiz.de/10010278393