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Endogenous Capital Utilization and Productivity Measurement in Dynamic Factor Demand Models : Theory and an Application to the U.S. Electrical

Prucha, Ingmar R. - 2010

Studies of the firm's demand for factor inputs often assume a constant rate of utilization of the inputs and ignore the fact that the firm can simultaneously choose the level and the rate of utilization of its inputs. In particular, the literature on dynamic factor demand models has, until...

Persistent link: https://www.econbiz.de/10013139928

Future Skill Shortages in the U.S. Economy?

Neumark, David - 2011

The impending retirement of the baby boom cohort represents the first time in the history of the United States that such a large and well-educated group of workers will exit the labor force. This could imply skill shortages in the U.S. economy. We develop near-term labor force projections of the...

Persistent link: https://www.econbiz.de/10013122470

Financial Literacy and Retirement Planning in the United States

Lusardi, Annamaria - 2011

We examine financial literacy in the United States using the new National Financial Capability Study, wherein we demonstrate that financial literacy is particularly low among the young, women, and the less-educated. Moreover, Hispanics and African-Americans score the least well on financial...

Persistent link: https://www.econbiz.de/10013124228

Spatial Mismatch, Immigrant Networks, and Hispanic Employment in the United States

Hellerstein, Judith K. - 2010

We study the relationship between Hispanic employment and location-specific measures of the distribution of jobs. We … find that it is only the local density of jobs held by Hispanics that matters for Hispanic employment, that measures of … held by Hispanic poor English speakers are most important for the employment of these less-skilled Hispanics than for other …

Persistent link: https://www.econbiz.de/10013150734

U.S. Economic Activity During the Early Weeks of the Sars-Cov-2 Outbreak

Lewis, Daniel J. - 2020

This paper describes a weekly economic index (WEI) developed to track the rapid economic developments associated with the response to the novel Coronavirus in the United States. The WEI shows a strong and sudden decline in economic activity starting in the week ending March 21, 2020. In the most...

Persistent link: https://www.econbiz.de/10012837195

Production, Financial Structure and Productivity Growth in U.S. Manufacturing

Bernstein, Jeffrey I. - 2008

The purpose of this paper is to estimate a model that incorporates the effects of financial decisions on production, profitability, and productivity growth. Asymmetric information generates agency costs of debt and signaling benefits of dividends which then influence production decisions. The...

Persistent link: https://www.econbiz.de/10012774849

U.S. Job Flows and the China Shock

Asquith, Brian - 2017

expansions and contractions of firms' employment) as well as along the extensive margin (job flows due to births and deaths of … firms). This paper uses 1992-2011 employment data from the {universe} of U.S. establishments to construct job flows at both … that granted Permanent Normal Trade Relations (PNTR) status to China. We find that the China shock affects U.S. employment …

Persistent link: https://www.econbiz.de/10012941975

Changes in Workplace Segregation in the United States between 1990 and 2000 : Evidence from Matched Employer-Employee Data

Hellerstein, Judith K. - 2010

high - not experienced rapid employment growth …

Persistent link: https://www.econbiz.de/10012760096

Why Has U.S. Inflation Become Harder to Forecast?

Stock, James H. - 2010

Forecasts of the rate of price inflation play a central role in the formulation of monetary policy, and forecasting inflation is a key job for economists at the Federal Reserve Board. This paper examines whether this job has become harder and, to the extent that it has, what changes in the...

Persistent link: https://www.econbiz.de/10012761277

Contributions and Determinants of Research and Development Expenditures in the U.S. Manufacturing Industries

Nadiri, M. Ishaq - 2010

employment and capital stocks are the factors affecting Ramp;D expenditures. The effect of government financing of Ramp;D on …

Persistent link: https://www.econbiz.de/10012763464