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Two extraordinary U.S. labor market developments facilitated the sharp disinflation in 2022-23 without raising the unemployment rate. First, pandemic-driven infection worries and social distancing intentions caused a sizable drag on labor force participation that began to reverse in the first...
Persistent link: https://www.econbiz.de/10014576613
The close connection between US and China in scientific research and education in the 2000s produced a large group of China-born researchers who work in the US ("diaspora") and a larger group of China-born researchers who gained US-research experience and returned to do their research in China...
Persistent link: https://www.econbiz.de/10014322694
We show that time variation in risk premia leads to time-varying idiosyncratic income risk for workers. Using US administrative data on worker earnings, we show that increases in risk premia lead to lower earnings for low-wage workers; these declines are primarily driven by job separations. By...
Persistent link: https://www.econbiz.de/10014447289
infer from this that there is potential for wage-push inflation. However, real wages are falling rapidly at present and …, prior to that, real wages had been stagnant for some time. We show that unemployment is not key to understanding wage …
Persistent link: https://www.econbiz.de/10013361977
Using rich administrative tax data, we explore the effects of the introduction of online ridesharing platforms on entry, employment and earnings in the Taxi and Limousine Services industry. Ridesharing dramatically increased the pace of entry of workers into the industry. New entrants were more...
Persistent link: https://www.econbiz.de/10015056092
We study the effect of incarceration on wages, self-employment, and taxes and transfers in North Carolina and Ohio …
Persistent link: https://www.econbiz.de/10014635710
-commerce firm's fulfillment centers reduces traditional retail workers' income in geographically proximate counties by 2.4%. Wages …
Persistent link: https://www.econbiz.de/10013210105
A fundamental question for education policy is whether outcomes-based accountability including comprehensive educator evaluations and a closer relationship between effectiveness and compensation improves the quality of instruction and raises achievement. We use synthetic control methods to study...
Persistent link: https://www.econbiz.de/10014247993
We examine whether corporate money in politics benefits or hurts labor using the 2010 Supreme Court ruling Citizens United, which rendered bans on political election spending unconstitutional. In difference-in-difference analyses, affected states experience increases in both capital and labor...
Persistent link: https://www.econbiz.de/10014322868
a point wage. The majority (8%) feature a range of wages that are on average wide, spanning 28% of the midpoint (e …, posted wages are 40% higher than wages in BLS data in low-wage occupations and 20% lower than BLS data in high …-wage occupations. Fourth, among the wages that are posted, high wage firms are more opaque, with more and wider ranges. Fifth, there is …
Persistent link: https://www.econbiz.de/10014447305