Showing 1 - 10 of 52
Does attracting or losing jobs in high paying sectors have important spill-over effects on wages in other sectors? The answer to this question is central to a proper assessment of many trade and industrial policies. In this paper, we explore this question by examining how predictable changes in...
Persistent link: https://www.econbiz.de/10012760221
The Great Depression of the 1930s led contemporaries to worry that people hit by hard times would turn to crime in their efforts to survive. Franklin Roosevelt argued that the unprecedented and massive expansion in relief efforts quot;struck at the roots of crimequot; by providing subsistence...
Persistent link: https://www.econbiz.de/10012760461
welfare. This insight leads to a novel test for the optimality of unemployment insurance based on the responsiveness of … reservation wages to unemployment benefits. Some existing estimates imply significant gains to raising the current level of … unemployment benefits in the United States, but highlight the need for more research on the determinants of reservation wages. Our …
Persistent link: https://www.econbiz.de/10012760612
behaviors in 10th grade eliminates the unemployment effect, but strengthens the wage effect. As the latter is not explicable by …
Persistent link: https://www.econbiz.de/10012760640
employment, GDP, and unemployment. The release of resources from the housing sector lowers investment goods prices, and thereby …
Persistent link: https://www.econbiz.de/10012769272
rates of unemployment. We examine the dynamic relationships between relief spending and local private labor markets using a …
Persistent link: https://www.econbiz.de/10012751698
We use employer-employee matched administrative data from Ohio to study the role of firm pay premiums in explaining the large, persistent earnings losses of displaced workers. We estimate that earnings for displaced workers from the mid-2000s are depressed by 22 percent after four years,...
Persistent link: https://www.econbiz.de/10012858043
caused by the Covid-19 pandemic, the opposite is true: unemployment is higher among women. In this paper, we analyze the …
Persistent link: https://www.econbiz.de/10012826120
We propose a three-step factor-flows simulation-based approach to forecast the duration distribution of unemployment … history. Step 2: relate the aggregate components to the overall unemployment rate using a factor model. Step 3: combine the … individual duration dependence, factor structure, and an auxiliary forecast of the unemployment rate to simulate a panel of …
Persistent link: https://www.econbiz.de/10012827541
in 2010 that is not matched by declines in happiness measures (positive affect). The fear of unemployment obtained from …
Persistent link: https://www.econbiz.de/10012914269