This paper makes three contributions to the existing literature. First, it provides descriptive evidence on gender … differentials by education level in the US labor market over the last twenty years. Second, it uses the structural estimation of a … search model of the labor market to identify and quantify the impact of employers' prejudice on labor market gender …

1980. Over the period 1955-1980 an expansionary spending or revenue shock was associated with modestly higher stock prices …. After 1980, along with a decline in the fiscal multiplier, the response of stock prices to the same shock became negative …

develop an extended Factor Augmented VAR model that simultaneously allows the estimation of a measure of uncertainty and its … shock has remained fairly stable. Simulations from a non-linear DSGE model suggest that these empirical results are …