Showing 1 - 10 of 1,380
--measured with unemployment rates--and environmental concern. Building on recent research that finds internet search terms to be … useful predictors of health epidemics and economic activity, we find that an increase in a state's unemployment rate … decreases Google searches for "global warming" and increases searches for "unemployment," and that the effect differs according …
Persistent link: https://www.econbiz.de/10013139745
correcting for measurement error, wages appear to be very sticky. In the average quarter, the probability that an individual will … peak at 12 months. 5) The probability of a wage change is positively correlated with the unemployment rate and with the …
Persistent link: https://www.econbiz.de/10013141846
Using two large US surveys, we estimate the effects of unemployment on the subjective well-being of the unemployed and … the rest of the population. For the unemployed, the non-pecuniary costs of unemployment are several times as large as … still employed, a one percentage point increase in local unemployment has an impact on well-being roughly equivalent to a …
Persistent link: https://www.econbiz.de/10013129126
This paper bridges the gap between two popular approaches to estimating the natural rate of unemployment, u*. The first … approach uses detailed labor market indicators such as labor market flows, cross-sectional data on unemployment and vacancies … estimate the natural rate of unemployment in the United States using both data on labor market flows and a forward …
Persistent link: https://www.econbiz.de/10012868741
We show that data on satisfaction with life from over 600,000 Europeans are negatively correlated with the unemployment … the public is willing to accept in terms of unemployment for inflation, at least in terms of keeping the average level of …
Persistent link: https://www.econbiz.de/10012759669
government had taken over the role. Here I briefly describe the cases of prices, GDP, and unemployment …
Persistent link: https://www.econbiz.de/10013310148
From February to April 2020, as COVID-19 hit the U.S. economy, the official unemployment rate (UR) climbed from 3 ….5 percent—the lowest in more than 50 years—to 14.7—the highest since current measurement began in January 1948. This …, differential drop in response rates. To what extent did measurement issues contribute to this quadrupling? We revisit two recently …
Persistent link: https://www.econbiz.de/10013251792
The underlying data from which the U.S. unemployment rate, labor-force participation rate, and duration of unemployment … reconciliation. We find that the usual statistics understate the unemployment rate and the labor-force participation rate by about … duration of unemployment substantially overstates the true duration of uninterrupted spells of unemployment and misrepresents …
Persistent link: https://www.econbiz.de/10014242718
the share of income they hold. We provide a cautionary tale from Australia of how comprehensive tax reform legislation in …
Persistent link: https://www.econbiz.de/10013080416
One of the strongest trends in recent macroeconomic modeling of labor market fluctuations is to treat unemployment … of Unemployment,quot; i.e., the extent to which increased unemployment during a recession arises from an increase in the … number of unemployment spells versus an increase in their duration. After broadly reviewing the previous literature, we …
Persistent link: https://www.econbiz.de/10012760434