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Evolution of the Female Labour Force Participation Rate in Canada, 1976-1994: a Cohort Analysis
Beaudry, Paul; Lemieux, Thomas - Center for the Study of Living Standards (CSLS)
generosity; an age or life-cycle effect; and a cohort-specific effect which shows the differences between cohorts for a given age … cohort effect so that the age profile and its slope can trace both the rise and the flattening of the participation rate by … age. They point out that over time participation behaviour of women 25-64 is converging toward that of men, namely, high …
Persistent link: https://www.econbiz.de/10005650261
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How Much Is Employment Increased by Cutting Labor Costs? Estimating the Elasticity of Job Creation
Beaudry, Paul; Green, David A.; Sand, Benjamin M. - National Bureau of Economic Research (NBER) - 2010
In search and bargaining models, the effect of higher wages on employment is determined by the elasticity of the job creation curve. In this paper, we use U.S. data over the 1970-2007 period to explore whether labor market outcomes abide by the restrictions implied by such models and to evaluate...
Persistent link: https://www.econbiz.de/10008625924
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A gains from trade perspective on macroeconomic fluctuations
Beaudry, Paul; Portier, Franck - 2012
Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into the potential mechanisms driving economic...
Persistent link: https://www.econbiz.de/10010307846
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A gains from trade perspective on macroeconomic fluctuations
Beaudry, Paul; Portier, Franck - 2012
Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into the potential mechanisms driving economic...
Persistent link: https://www.econbiz.de/10009424712
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Comparing two methods for the identification of news shocks
Beaudry, Paul; Portier, Franck; Seymen, Atılım - 2013
Recent empirical literature delivered, based on different structural VAR approaches, controversial results concerning the role of anticipated technology-news-shocks in business cycle fluctuations. We deal with this controversy and investigate (i) the extent to thich two prominent structural VAR...
Persistent link: https://www.econbiz.de/10010225547
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Comparing Two Methods for the Identification of News Shocks
Beaudry, Paul - 2014
Recent empirical literature delivered, based on different structural VAR approaches, controversial results concerning the role of anticipated technology — news — shocks in business cycle fluctuations. We deal with this controversy and investigate (i) the extent to which two prominent...
Persistent link: https://www.econbiz.de/10013060819
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A Gains from Trade Perspective on Macroeconomic Fluctuations
Beaudry, Paul; Portier, Franck - C.E.P.R. Discussion Papers - 2011
Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into the potential mechanisms driving economic...
Persistent link: https://www.econbiz.de/10009221567
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A gains from trade perspective on macroeconomic fluctuations
Beaudry, Paul; Portier, Franck - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012
Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into the potential mechanisms driving economic...
Persistent link: https://www.econbiz.de/10009646597
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On the Macroeconomic Consequences of Over-Optimism
Beaudry, Paul - 2018
Is over-optimism about a country's future growth perspective good for an economy, or doesover-optimism also come with costs? In this paper we provide evidence that recessions, fiscalproblems, as well as Balance of Payment-difficulties are more likely to arise in countrieswhere past growth...
Persistent link: https://www.econbiz.de/10012913905
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A Gains from Trade Perspective on Macroeconomic Fluctuations
Beaudry, Paul; Portier, Franck - 2012
Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into the potential mechanisms driving economic...
Persistent link: https://www.econbiz.de/10014173529