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Regional economy and manufacturing update

Dudley, William - Federal Reserve Bank of New York - 2010

Remarks at the Quarterly Regional Economic Press Briefing, New York City.

Persistent link: https://www.econbiz.de/10010724980

The cyclical behavior of equilibrium unemployment and vacancies across OECD countries

Amaral, Pedro S.; Tasci, Murat - Federal Reserve Bank of Cleveland - 2012

We show that the inability of a standardly-calibrated stochastic labor search-and-matching model to account for the observed volatility of unemployment and vacancies extends beyond U.S. data to a set of OECD countries. We also argue that using cross-country data is helpful in evaluating the...

Persistent link: https://www.econbiz.de/10011133746

Regional economy and manufacturing update

Dudley, William - In: Speech (2010) Jul 22

Remarks at the Quarterly Regional Economic Press Briefing, New York City.

Persistent link: https://www.econbiz.de/10008461939

Task assignment over the business cycle

Devereux, Paul J. - School of Economics, University College Dublin - 2000

In this article, I evaluate the hypothesis that firms respond to negative demand shocks by assigning workers to tasks that require less skill than the tasks they normally carry out. Using changes in employment in state-industry cells as a measure of demand conditions facing individual firms, I...

Persistent link: https://www.econbiz.de/10011269557

Growth and business cycles

Jones, Larry E.; Manuelli, Rodolfo E.; Siu, Henry E. - Federal Reserve Bank of Minneapolis - 2000

We present a class of convex endogenous growth models and analyze their performance in terms of both growth and business cycle criteria. The models we study have close analogs in the real business cycle literature. We interpret the exogenous growth rate of productivity as an endogenous growth...

Persistent link: https://www.econbiz.de/10005367692

The Impact of Aggregate and Sectoral Fluctuations on Training Decisions

Caponi, Vincenzo; Kayahan, Cevat Burc; Plesca, Miana - Vancouver School of Economics - 2009

The literature has not yet resolved whether the effect of macroeconomic fluctuations on training decisions is positive or negative. On the one hand, the opportunity cost to train is lower during downturns, and thus training should be counter-cyclical. On the other hand, a positive shock may be...

Persistent link: https://www.econbiz.de/10008479342

An RBC model with growth: the role of human capital

Marquis, Milton H.; Einarsson, Tor - Federal Reserve Board (Board of Governors of the … - 1994

Persistent link: https://www.econbiz.de/10005393862

The higher returns to formal education for entrepreneurs versus employees

Praag, Mirjam; Witteloostuijn, Arjen van; Sluis, Justin … - In: Small Business Economics 40 (2013) 2, pp. 375-396

How valuable is formal education for entrepreneurs’ income relative to employees’? And if the income returns to formal education are different for entrepreneurs vis-à-vis employees, what might be a plausible explanation? To explore these questions, we analyze a large representative US...

Persistent link: https://www.econbiz.de/10010988540

Wages and Human Capital in Exporting Firms in Morocco

Muller, Christophe; Nordman, Christophe Jalil - Université Paris-Dauphine (Paris IX) - 2006

We study the relationship between wages, human capital accumulation and work organisation in Morocco using matched … worker-firm data for Metallurgical-electrical and Textile-clothing firms. While wages are found to rise with all human … capital characteristics, returns to education and experience are much higher for the upper wages. Participation in on …

Persistent link: https://www.econbiz.de/10010861614

The role of market access and human capital in regional wage disparities: Empirical evidence for Ecuador

Alvarado, Rafael; Atienza, Miguel - Instituto de Economía Aplicada Regional, Facultad de … - 2014

cross-sectional data, suggest that market access has a positive and statistically significant effect on wages, although this …

Persistent link: https://www.econbiz.de/10011261265