The impact of children on the labour market outcomes ofwomen relative to men (the "child penalty") is well-documented, yet there is a paucity of evidence on the mechanisms behind it. I use 50 years of data from the Panel Study of Income Dynamics (PSID) to explore the importance of gendered norms...

In this paper we provide new estimates of the impact of unions on nonunion wage setting. We allow the presence of unions to affect nonunion wages both through the typically discussed channel of nonunion firms emulating union wages in order to fend off the threat of unionisation and through a...

We examine how people's forecasts for oil or gasoline prices influence their forecasts for broader inflation. We find little evidence from two US household surveys that people over-react to their beliefs about gasoline prices when formulating their forecasts about inflation, with much of the...