. These findings are robust to a series of sensitivity analyses. The results suggest that blue-collar workers "wear out …

We model unemployment allowing workers to differ by comparative advantage in market work. Workers with comparative … advantage are identified by who works more hours when employed. This enables us to test the model by grouping workers based on … their long-term wages and hours from panel data. The model captures the greater cyclicality of employment for workers with …

A major conceptual error in the standard BLS and Lebergott unemployment estimates for 1933-1943 is reported. Emergency … workers (employees of federal contracyclical programs such as WPA) were counted as unemployed on a normal …-jobs-to-be-created instead of job-seekers unemployment definition. For 1934-1941, the corrected unemployment levels are reduced by two to three …

problem of negative health selection into early retirement, we exploit a policy change in unemployment insurance rules in … Austria that allowed workers in eligible regions to exit the labor force 3 years earlier compared to workers in non … induced eligible workers to exit the labor force significantly earlier. Instrumental variable estimation results show that for …

value of consumption over time. This paper examines the extent to which nineteenth-century urban American industrial workers …