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Persistent link: https://www.econbiz.de/10014246453
We show how real and financial frictions amplify the impact of uncertainty shocks. We build a model with real frictions, and find adding financial frictions roughly doubles the impact of uncertainty shocks. Higher uncertainty alongside financial frictions induces the standard real-options...
Persistent link: https://www.econbiz.de/10011895833
Many developing countries would like to increase the share of modern or formal sectors in their employment. One way to …, previous research on the issue has been limited by the paucity of long data sets for firm operations. We examine employment … from domestic ones. Employment growth is relatively high in foreign-owned establishments, although foreign firms own …
Persistent link: https://www.econbiz.de/10003954453
studies the impact of those incentive-based reforms on observed changes in older workers' employment patterns. We investigate …
Persistent link: https://www.econbiz.de/10014337786
employment-to-population ratio among prime-age US women declines by 1.1 percentage points, whereas male employment rises; women …--and corresponding lapses in implicit childcare--provide a unifying explanation for these patterns. The summer drop in female employment … allocation and gender differences within job types in the propensity to exit employment over the summer. Women's summer work …
Persistent link: https://www.econbiz.de/10014337799
Institutions of justice, like prisons, can be used to serve economic and other extrajudicial interests, with lasting deleterious effects. We study the effects on incarceration when prisoners are primarily used as a source of labor using evidence from British colonial Nigeria. We digitized 65...
Persistent link: https://www.econbiz.de/10014337869
Due to population aging, GDP growth per capita and GDP growth per working-age adult have become quite different among many advanced economies over the last several decades. Countries whose GDP growth per capita performance has been lackluster, like Japan, have done surprisingly well in terms of...
Persistent link: https://www.econbiz.de/10014437045
Employment and participation rates for US prime age women rose steadily during the second half of the 20th century. In … the last 30 years, however, those rates stagnated, even as employment and participation rates for women in other … barriers, such as limited investment in family policies, that may be holding back employment among American women today. The …
Persistent link: https://www.econbiz.de/10014437047
This chapter reviews key literature studying the effects of wars on minority and underrepresented groups in U.S. labor markets in the 20th century. These labor markets, characterized by historically pervasive barriers to entry into certain occupations and industries, promotions, and fair pay for...
Persistent link: https://www.econbiz.de/10014421237
In this paper, we investigate the effect of federal welfare reform on the employment, hours of work and marriage rates … employment and attachment to the labor market. TANF appears to have had a larger effect on the least educated native-born women …
Persistent link: https://www.econbiz.de/10012470177