The standard neo-classical model of wage setting predicts short-term effects of temporary labor market shocks on … models based on frictions in the labor market suggests that labor market shocks can have persistent effects on the entire …. We find that young graduates entering the labor market in a recession suffer significant initial earnings losses that …

wages in specific labor markets, little variation remains in the immigrant share. We find significant sampling error in this …

demographic and socioeconomic factors, but instead appears to be connected to a concurrent secular decline in labor market … transitions. We explore a number of reasons for the declines in geographic and labor market transitions, and find the strongest … the distribution of relevant outside offers has shifted in a way that has made labor market transitions, and thus …

Most countries exhibit large and persistent geographical differences in wages, income and unemployment rates. A growing … economic activity, along with the wages, employment, and industry mix of communities. These programs are widespread in the U …

Why is unemployment higher for younger individuals? We address this question in a frictional model of the labor market … observed age differences in unemployment which, as in the data, are due to differences in job separation rates. …

One explanation advanced for the persistent gender pay differences in labor markets is that women avoid salary … the labor contract, we are able to observe both the nature of sorting and the extent of salary negotiations. We observe …

The U.S. labor market has become increasingly polarized since the 1980s, with the share of employment in middle … in occupations focused on routine tasks. We use matched individual-level data from the CPS to study labor market flows … unemployment to employment in routine occupations, (ii) that from labor force non-participation to routine employment, and (iii …