Showing 1 - 10 of 44
This research argues that deep-rooted factors, determined tens of thousands of years ago, had a significant effect on the course of economic development from the dawn of human civilization to the contemporary era. It advances and empirically establishes the hypothesis that, in the course of the...
Persistent link: https://www.econbiz.de/10013122467
We study the effect of mean-preserving labor reallocation on business cycle outcomes. We develop an empirical methodology using a local area's exposure to industry reallocation based on the area's initial industry composition and employment trends in the rest of the country over a full...
Persistent link: https://www.econbiz.de/10013001764
Conventional wisdom holds that one of the riskiest aspects of owning a house is the uncertainty surrounding its sale price, especially if one moves to another housing market. However, households who sell a house typically buy another house, whose purchase price is also uncertain. We show that...
Persistent link: https://www.econbiz.de/10013150431
This short note constructs Mobility Zones to facilitate the discussion on the geographic extent of individual mobility restrictions to control the spread of Covid-19. Mobility Zones are disjoint sets of counties where a given level of individual mobility directly or indirectly connects all...
Persistent link: https://www.econbiz.de/10012833114
This study quantifies the effect of state reopening policies on daily mobility, travel, and mixing behavior during the COVID-19 pandemic. We harness cell device signal data to examine the effects of the timing and pace of reopening plans in different states. We quantify the increase in mobility...
Persistent link: https://www.econbiz.de/10012833116
New York City's multipronged subway system was a major disseminator – if not the principal transmission vehicle – of coronavirus infection during the initial takeoff of the massive epidemic that became evident throughout the city during March 2020. The near shutoff of subway ridership in...
Persistent link: https://www.econbiz.de/10012836421
During the Great Depression, as today, migrants were accused of taking jobs and crowding relief rolls. At the time, protest concerned internal migrants rather than the foreign born. We investigate the effect of net migration on local labor markets, instrumenting for migrant flows to a...
Persistent link: https://www.econbiz.de/10012776457
We estimate the aggregate productivity gains from reducing barriers to internal labor migration in Indonesia, accounting for worker selection and spatial differences in human capital. We distinguish between movement costs, which mean workers will only move if they expect higher wages, and...
Persistent link: https://www.econbiz.de/10012953508
Occupational licensure, one of the most significant labor market regulations in the United States, may restrict the interstate movement of workers. We analyze the interstate migration of 22 licensed occupations. Using an empirical strategy that controls for unobservable characteristics that...
Persistent link: https://www.econbiz.de/10012941467
This paper documents the presence of non-economic career motivations in the U.S. labor market, explores reasons why such motivations could arise, and provides an explanation for why they might have persisted across many generations. The analysis links ethnic (migrant) labor market networks in...
Persistent link: https://www.econbiz.de/10012759641