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Place Based Policies with Unemployment
Kline, Patrick - 2013
Many countries have policies aimed at creating jobs in depressed areas with high unemployment rates. In standard spatial equilibrium models with perfectly competitive labor and land markets, local job creation efforts are distortionary. We develop a stylized model of frictional local labor...
Persistent link: https://www.econbiz.de/10013087442
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The Limited Macroeconomic Effects of Unemployment Benefit Extensions
Chodorow-Reich, Gabriel - 2016
By how much does an extension of unemployment benefits affect macroeconomic outcomes such as unemployment? Answering this question is challenging because U.S. law extends benefits for states experiencing high unemployment. We use data revisions to decompose the variation in the duration of...
Persistent link: https://www.econbiz.de/10012994904
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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
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The Effect of the Minimum Wage on Employment and Unemployment : A Survey
Brown, Charles; Gilroy, Curtis; Kohen, Andrew I. - 2022
of its effect on employment and unemployment. Our discussion of the theory emphasizes recent work using two-sector and … heterogeneous-worker models. We then summarize and evaluate the large literature on employment and unemployment effects of the … minimum on teenagers. Finally, we survey the evidence of the effect of the minimum wage on adult employment, and on employment …
Persistent link: https://www.econbiz.de/10013323491
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Structural/Frictional and Demand-Deficient Unemployment in Local Labor Markets
Holzer, Harry J. - 2021
This paper uses data on unemployment rates and job vacancy rates to measure structural/frictional and demand-deficient components of unemployment rate differences across local labor markets. Data on occupational and industrial distributions of unemployed workers and vacant jobs, as well as on...
Persistent link: https://www.econbiz.de/10013235887
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The Wage Curve
Blanchflower, David G.; Oswald, Andrew J. - 2021
This paper, which follows in an LSE tradition begun by Phillips and Sargan, examines the role of unemployment in shaping pay. In contrast to most of the literature, it 1) uses microeconometric data on individuals and workplaces 2) examines a variety of data sets as a check on the robustness of...
Persistent link: https://www.econbiz.de/10013240636
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For Better or for Worse, But How About a Recession?
Arkes, Jeremy - 2010
In light of the current economic crisis, we estimate hazard models of divorce to determine how state and national unemployment rates affect the likelihood of divorce. With 89,340 observations over the 1978-2006 period for 7633 couples from the 1979 NLSY, we find mixed evidence on whether...
Persistent link: https://www.econbiz.de/10013136023
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Duration Dependence and Labor Market Conditions : Theory and Evidence from a Field Experiment
Kroft, Kory - 2012
This paper studies the role of employer behavior in generating "negative duration dependence" -- the adverse effect of a longer unemployment spell -- by sending fictitious resumes to real job postings in 100 U.S. cities. Our results indicate that the likelihood of receiving a callback for an...
Persistent link: https://www.econbiz.de/10013100673
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Amerisclerosis? the Puzzle of Rising U.S. Unemployment Persistence
Coibion, Olivier - 2013
The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future U.S. recessions might look more like the Eurosclerosis experience of the 1980s than traditional V-shaped recoveries of the past. In this paper, we revisit possible explanations...
Persistent link: https://www.econbiz.de/10013073559
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Job Displacement and the Duration of Joblessness : The Role of Spatial Mismatch
Andersson, Fredrik - 2014
force attachment searching for employment after being subject to a mass layoff - thereby focusing on a group of job …
Persistent link: https://www.econbiz.de/10013054875