typical unemployment shock, depending on race/gender, resulting in a 3.0% increase in mortality rate and a 0.5% drop in life … expectancy over the next 15 years for the overall American population. We also predict that the shock will disproportionately …

econometric issues are addressed including estimation of the number of dynamic factors and tests for the factor restrictions …

This paper develops a structural VAR model to measure how a shock to one country can affect the GDP of other countries …. It uses trade linkages to estimate the multiplier effects of a shock as it is transmitted through other countries' output …-trade matrix. For example, due to these output-multiplier effects, a shock to one country can have a large impact on countries that …

rates. The temporal pattern of the depreciation in U.S. nominal exchange rates following a positive monetary policy shock is …

permit estimation using standard Bayesian techniques. Applying our framework to an estimated New-Keynesian business cycle …

Philippines, derived from spatial variation in exposure to exchange rate shocks. The initial shock to migrant income is magnified … population education; better-educated migrants; and increased migration in high-skilled jobs. Four-fifths of long-run income … origin areas. Increased income from international labor migration not only benefits migrants themselves, but also fosters …

in Indonesia to explore how information about intermediary quality shapes migration choices and outcomes. Information … reduces the migration rate, lowering use of low-quality intermediaries. However, workers who migrate receive better pre … change intentions to migrate or beliefs about the return to migration or intermediary quality. Nor does selection explain the …