Showing 1 - 10 of 2,950
This paper presents new evidence on international trade and worker outcomes. It examines a big world event that produced an unprecedentedly large shock to the UK exchange rate. In the 24 hours in June 2016 during which the UK electorate unexpectedly voted to leave the European Union, the value...
Persistent link: https://www.econbiz.de/10012868489
county and industry in the US. We study the impact of this reform on county-sector employment growth over the subsequent …. Importantly, however, we document substantial crowding out of non-treated firms employment, particularly in counties with low …
Persistent link: https://www.econbiz.de/10012986685
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
Kingdom from the European Union (popularly known as Brexit). Our predictions are based on simulations of a multicountry … intangible capital that is used nonrivalrously by their subsidiaries at home and abroad. We analyze several post-Brexit scenarios …
Persistent link: https://www.econbiz.de/10012960512
Using administrative employment data from the state of Washington, we use short-duration longitudinal panels to study …
Persistent link: https://www.econbiz.de/10012909116
employment. We argue that the minimum wage will impact employment over time, through changes in growth rather than an immediate … drop in relative employment levels. We conduct simulations showing that commonly-used specifications in this literature … panels of administrative employment data, we find that the minimum wage reduces job growth over a period of several years …
Persistent link: https://www.econbiz.de/10013063361
How will countries handle idiosyncratic national macroeconomic shocks under the European single currency? The ways in which European countries now react to internally asymmetric shocks provide a better forecast than do the regional response pattern of the United States. In this paper we compare...
Persistent link: https://www.econbiz.de/10013249688
Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro … participation. We match two decades of UK panel data on the population of firms to all program participants. IV estimates find … positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …
Persistent link: https://www.econbiz.de/10013066602
We investigate the impact of more generous terms for delaying state pensions on claiming and labor supply in the United Kingdom using a 2005 policy change. First, we find that the more generous delay terms reduced the fraction of males receiving pensions at the earliest eligibility age and...
Persistent link: https://www.econbiz.de/10013299170
In 2004, the European Union admitted 10 new countries, and wages in these countries were generally well below the levels in the existing member countries. Citizens of these newly-admitted countries were subsequently free to take jobs anywhere in the EU, and many did so. In 2015, a large number...
Persistent link: https://www.econbiz.de/10012965420