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Import Competition and the Great U.S. Employment Sag of the 2000s

Acemoglu, Daron - 2014

Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back … the considerable gains in employment rates it had achieved during the 1990s, with major contractions in manufacturing … employment being a prime contributor to the slump. The U.S. employment "sag" of the 2000s is widely recognized but poorly …

Persistent link: https://www.econbiz.de/10013048616

Return of the Solow Paradox? It, Productivity, and Employment in U.S. Manufacturing

Acemoglu, Daron - 2014

, when detectable, result from the even faster declines in employment …

Persistent link: https://www.econbiz.de/10013060261

When Work Disappears : Manufacturing Decline and the Falling Marriage-Market Value of Young Men

Autor, David H. - 2017

, fertility and children's living circumstances during 1990-2014. On average, trade shocks differentially reduce employment and …

Persistent link: https://www.econbiz.de/10012962728

Measuring Economic Policy Uncertainty

Baker, Scott R. - 2016

find that policy uncertainty raises stock price volatility and reduces investment and employment in policy … foreshadow declines in investment, output, and employment in the United States and, in a panel VAR setting, for 12 major …

Persistent link: https://www.econbiz.de/10013003270

Health, Employment, and Disability : Implications from the Undocumented Population

Borjas, George J. - 2018

Disability benefit recipients in the United States have nearly doubled in the past two decades, growing substantially faster than the population. It is difficult to estimate how much of this increase is explained by changes in population health, as we often lack a valid counterfactual. We...

Persistent link: https://www.econbiz.de/10012921538

The Rise in Disability Recipiency and the Decline in Unemployment

Autor, David H.; Duggan, Mark - 2021

less skilled and their employment responses to adverse employment shocks. Following program liberalization in 1984, DI …

Persistent link: https://www.econbiz.de/10013233726

Is Automation Labor-Displacing? Productivity Growth, Employment, and the Labor Share

Autor, David H. - 2018

(TFP) that are common across countries. We find that automation displaces employment and reduces labor's share of value …-added in the industries in which it originates (a direct effect). In the case of employment, these own-industry losses are … employment across industries and the aggregate fall in the labor share over the last three decades. It does not, however, explain …

Persistent link: https://www.econbiz.de/10012913781

Monetary Policy and Asset Prices : A Look Back at Past U.S. Stock Market Booms

Bordo, Michael D. - 2011

This paper examines the economic environments in which past U.S. stock market booms occurred as a first step toward understanding how asset price booms come about and whether monetary policy should be used to defuse booms. We identify several episodes of sustained rapid rise in equity prices in...

Persistent link: https://www.econbiz.de/10013127756

U.S. Foreign-Exchange-Market Intervention and the Early Dollar Float : 1973 - 1981

Bordo, Michael D. - 2011

The dollar's depreciation during the early floating rate period, 1973 - 1981, was a symptom of the Great Inflation. In that environment, sterilized foreign exchange interventions were ineffective in halting the dollar's decline, but showed a limited ability to smooth dollar movements. Only after...

Persistent link: https://www.econbiz.de/10013131970

The Contribution of the Minimum Wage to U.S. Wage Inequality Over Three Decades : A Reassessment

Autor, David H. - 2011

We reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of data and far greater variation in minimum wages than was available to earlier studies. We argue that prior literature suffers from two sources of bias and propose an IV strategy...

Persistent link: https://www.econbiz.de/10013132486