Narrow search
Showing 1 - 10 of 9,347
Cover Image
The Homecoming of American College Women : The Reversal of the College Gender Gap
Goldin, Claudia; Katz, Lawrence F.; Kuziemko, Ilyana - 2021
Women are currently the majority of U.S. college students and of those receiving a bachelor%u2019s degree, but were 39 … at first marriage for college graduate women rose by 2.5 years in the 1970s, allowing them to be more serious students … determinants, can account for 30 to 60 percent of the relative increase in women%u2019s college completion rate. Behind these …
Persistent link: https://www.econbiz.de/10013244125
Cover Image
Spurring Job Creation in Response to Severe Recessions : Reconsidering Hiring Credits
Neumark, David - 2011
The continuing adverse labor market effects of the Great Recession have intensified interest in policy efforts to spur job creation. In periods when labor demand and supply are in balance, either hiring credits or worker subsidies can be used to boost employment - hiring credits by reducing...
Persistent link: https://www.econbiz.de/10013128608
Cover Image
Long-Term Unemployment and the Great Recession : The Role of Composition, Duration Dependence, and Non-Participation
Kroft, Kory - 2014
We explore the extent to which composition, duration dependence, and labor force non-participation can account for the sharp increase in the incidence of long-term unemployment (LTU) during the Great Recession. We first show that compositional shifts in demographics, occupation, industry,...
Persistent link: https://www.econbiz.de/10013051310
Cover Image
The Cyclical Behavior of Equilibrium Unemployment and Vacancies : Evidence and Theory
Shimer, Robert - 2021
This paper argues that a broad class of search models cannot generate the observed business-cycle-frequency fluctuations in unemployment and job vacancies in response to shocks of a plausible magnitude. In the U.S., the vacancy-unemployment ratio is 20 times as volatile as average labor...
Persistent link: https://www.econbiz.de/10013218505
Cover Image
Unemployment Crises
Petrosky-Nadeau, Nicolas - 2013
A search and matching model, when calibrated to the mean and volatility of unemployment in the postwar sample, can potentially explain the large unemployment dynamics in the Great Depression. The limited response of wages to labor market conditions from credible bargaining and the congestion...
Persistent link: https://www.econbiz.de/10013079211
Cover Image
Trends in the Transitory Variance of Male Earnings in the U.S., 1970-2004
Moffitt, Robert A. - 2011
We estimate the trend in the transitory variance of male earnings in the U.S. using the Michigan Panel Study of Income Dynamics from 1970 to 2004. Using both an error components model as well as simpler but only approximate methods, we find that the transitory variance started to increase in the...
Persistent link: https://www.econbiz.de/10013129122
Cover Image
Monetary Policy for a Bubbly World
Asriyan, Vladimir - 2016
We propose a model of money, credit and bubbles, and use it to study the role of monetary policy in managing asset … bubbles. In this model, bubbles pop up and burst, generating fluctuations in credit, investment and output. Two key insights … emerge from the analysis. First, the growth rate of bubbles, which is driven by agents' expectations, can be set in real or …
Persistent link: https://www.econbiz.de/10012982946
Cover Image
Wanna Get Away? Rd Identification Away from the Cutoff
Angrist, Joshua D. - 2018
In the canonical regression discontinuity (RD) design for applicants who face an award or admissions cutoff, causal effects are nonparametrically identified for those near the cutoff. The impact of treatment on inframarginal applicants is also of interest, but identification of such effects...
Persistent link: https://www.econbiz.de/10012938588
Cover Image
How Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output
Herkenhoff, Kyle - 2016
We empirically and theoretically examine how consumer credit access affects displaced workers. Empirically, we link administrative employment histories to credit reports. We show that an increase in credit limits worth 10% of prior annual earnings allows individuals to take .15 to 3 weeks longer...
Persistent link: https://www.econbiz.de/10012991679
Cover Image
Re-Employment Probabilities Over the Business Cycle
Imbens, Guido W.; Lynch, Lisa M. - 2021
Using a Cox proportional hazard model that allows for a flexible time dependence that can incorporate both seasonal and business cycle effects, we analyze the determinants of re-employment probabilities of young workers from 1978-1989. We find considerable changes in the chances of young workers...
Persistent link: https://www.econbiz.de/10013219701