In the United States, the employment rate is nearly flat across wealth quintiles with the exception of the first … quintile. Correlations between wealth and employment are close to zero or moderately positive. However, incomplete markets … employment. Using a fairly standard incomplete markets model calibrated to match the distribution of wealth, I find that …

, employment, and productivity, many direct and indirect effects are at play. To ensure a transparent and systematic flow of the …

-least-squares method. The results indicate that GVC position is negatively correlated both with wages and with employment, while the effect …

in employment and aggregate hours worked between February 2020 and April 2020, while accounting for normal monthly … aged 20-64, alongside a 15 percent decline in employment. We characterize the distribution of work lost, finding that …