Showing 1 - 10 of 13
The immense literature on discrimination treats outcomes as relative: One group suffers compared to another. But does a …? This difference matters, as the relative importance of the types of discrimination and their inter-relation affect market … not contain the students' names, on average we find favoritism but no discrimination by nationality, and neither …
Persistent link: https://www.econbiz.de/10012459191
Economic theories of discrimination are usually based on tastes. The huge body of empirical studies, however, considers … examines tastes for discrimination directly, or considers people's willingness to trade off other characteristics to indulge …
Persistent link: https://www.econbiz.de/10012475211
The previously documented trend toward more co- and multi-authored research in economics is partly (perhaps 20 percent) due to different research styles of scholars in different birth cohorts (of different ages). Most of the trend reflects profession-wide changes in research style. Older...
Persistent link: https://www.econbiz.de/10012457728
This paper examines business cycles theoretically and empirically, with a quantitative study based on experience over the long run and in a cross section of countries. Several major questions in business cycle theory are explored. Theoretical concerns indicate that the properties of business...
Persistent link: https://www.econbiz.de/10012471707
Using CPS data from 1979-2009 we examine how cyclical downturns and industry-specific demand shocks affect wage differentials between white non-Hispanic males and women, Hispanics and African-Americans. Women's and Hispanics' relative earnings are harmed by negative shocks, while the earnings...
Persistent link: https://www.econbiz.de/10012461332
Social commentators have pointed to problems of women workers who face time stress' an absence of sufficient time to accomplish all their tasks. An economic theory views time stress as reflecting how tightly the time constraint binds households. Time stress will be more prevalent in households...
Persistent link: https://www.econbiz.de/10012468508
-work time is substantial and varies positively with the local unemployment rate. While average time spent by workers in non …-work conditional on any positive amount rises with the unemployment rate, the fraction of workers reporting positive values varies pro …-work with wage rates and measures of unemployment benefits in state data linked to the ATUS, and it is consistent with estimated …
Persistent link: https://www.econbiz.de/10012456749
Is there a link between loose monetary conditions, credit growth, house price booms, and financial instability? This paper analyzes the role of interest rates and credit in driving house price booms and busts with data spanning 140 years of modern economic history in the advanced economies. We...
Persistent link: https://www.econbiz.de/10012457895
This paper unveils a new resource for macroeconomic research: a long-run dataset covering disaggregated bank credit for 17 advanced economies since 1870. The new data show that the share of mortgages on banks' balance sheets doubled in the course of the 20th century, driven by a sharp rise of...
Persistent link: https://www.econbiz.de/10012458166
After the Global Financial Crisis a controversial rush to fiscal austerity followed in many countries. Yet research on the effects of austerity on macroeconomic aggregates was and still is unsettled, mired by the difficulty of identifying multipliers from observational data. This paper...
Persistent link: https://www.econbiz.de/10012459247