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Women Working Longer : Facts and Some Explanations

Goldin, Claudia; Katz, Lawrence F. - 2016

American women are working more, through their sixties and even into their seventies. Their increased participation at older ages started in the late 1980s before the turnaround in older men's labor force participation and the economic downturns of the 2000s. The higher labor force participation...

Persistent link: https://www.econbiz.de/10012983658

The Amplification of Unemployment Fluctuations Through Self-Selection

Hall, Robert E. - 2021

Unemployment arises from frictions in the matching of job-seekers and employers. The level of resources that employers …

Persistent link: https://www.econbiz.de/10013218331

Measuring Job-Finding Rates and Matching Efficiency with Heterogeneous Jobseekers

Hall, Robert E. - 2015

Matching efficiency is the productivity of the process for matching jobseekers to available jobs. Job-finding is the … output; vacant jobs and active jobseekers are the inputs. Measurement of matching efficiency follows the same principles as … measuring an index of productivity of production. We develop a framework for measuring matching productivity when the population …

Persistent link: https://www.econbiz.de/10013028544

Unpacking Skill Bias : Automation and New Tasks

Acemoglu, Daron; Restrepo, Pascual - 2021

The standard approach to modeling inequality, building on Tinbergen's seminal work, assumes factor-augmenting technologies and technological change biased in favor of skilled workers. Though this approach has been successful in conceptualizing and documenting the race between technology and...

Persistent link: https://www.econbiz.de/10013313297

Job Loss, Job Finding, and Unemployment in the U.S. Economy Over the Past Fifty Years

Hall, Robert E. - 2021

New data compel a new view of events in the labor market during a recession. Unemployment rises almost entirely because jobs become harder to find. Recessions involve little increase in the flow of workers out of jobs. Another important finding from new data is that a large fraction of workers...

Persistent link: https://www.econbiz.de/10013313246

The New Lifecycle of Women's Employment : Disappearing Humps, Sagging Middles, Expanding Tops

Goldin, Claudia - 2019

A new lifecycle of women's employment emerged with cohorts born in the 1950s. For prior cohorts, lifecycle employment had a hump shape; it increased from the twenties to the forties, hit a peak and then declined starting in the fifties. The new lifecycle of employment is initially high and flat,...

Persistent link: https://www.econbiz.de/10012902548

Why Firms Offer Paid Parental Leave : An Exploratory Study

Goldin, Claudia; Pekkala Kerr, Sari; Olivetti, Claudia - 2022

Why do competitive firms in the US provide paid parental leave (PPL)? Which firms do and to what extent? We use several firm- and individual-level data sets to answer these questions. These include the BLS-Employee Benefit Survey (EBS) for 2010 to 2018 and an extensive firm-level data collection...

Persistent link: https://www.econbiz.de/10013324693

By How Much Does GDP Rise If the Government Buys More Output?

Hall, Robert E. - 2009

During World War II and the Korean War, real GDP grew by about half the amount of the increase in government purchases. With allowance for other factors holding back GDP growth during those wars, the multiplier linking government purchases to GDP may be in the range of 0.7 to 1.0, a range...

Persistent link: https://www.econbiz.de/10013154570

Skills, Tasks and Technologies : Implications for Employment and Earnings

Acemoglu, Daron - 2012

A central organizing framework of the voluminous recent literature studying changes in the returns to skills and the evolution of earnings inequality is what we refer to as the canonical model, which elegantly and powerfully operationalizes the supply and demand for skills by assuming two...

Persistent link: https://www.econbiz.de/10013116038

Managing Innovation in a Crowd

Acemoglu, Daron - 2014

Crowdsourcing is an emerging technology where innovation and production are sourced out to the public through an open call. At the center of crowdsourcing is a resource allocation problem: there is an abundance of workers but a scarcity of high skills, and an easy task assigned to a high-skill...

Persistent link: https://www.econbiz.de/10013059645