Showing 61 - 70 of 1,671
participation. A model that is calibrated to replicate the variability of unemployment and participation, and the negative … correlation of unemployment and GDP, implies an aggregate labor supply elasticity along the extensive margin of around 0.3 for men …
Persistent link: https://www.econbiz.de/10009516939
This paper documents the heterogeneity in labor market volatility across ages and gender in the United States over 1976-2014. We separate fluctuations in hours worked into fluctuations in the average number of hours per worker (the intensive margin) and fluctuations in the number of individuals...
Persistent link: https://www.econbiz.de/10010470918
Existing models of equilibrium unemployment with endogenous labor market participation are complex, generate … procyclical unemployment rates and cannot match unemployment variability relative to GDP. We embed endogenous participation in a … variabilities but also generates strongly countercyclical unemployment rates. With some wage rigidity the model also matches …
Persistent link: https://www.econbiz.de/10003297703
unemployment rates. Using U.S. data, we find that individual labor force participation responds asymmetrically to changes in local … labor market conditions, consistent with the pattern of movements in the aggregate unemployment rate. Differences in the …. -- Asymmetric labor force participation decision ; unemployment rate ; business cycle ; gender ; education ; age …
Persistent link: https://www.econbiz.de/10003730465
rich individual-level data from the quarterly Labor Force Surveys. We find that the lockdown increases the unemployment …
Persistent link: https://www.econbiz.de/10012389086
rich individual-level data from the quarterly Labor Force Surveys. We find that the lockdown increases the unemployment …
Persistent link: https://www.econbiz.de/10012391350
Over the past 40 years, Australia has experienced significant changes to the proportion of the population that is attached to its labour market. From the early 1980s, the aggregate labour force participation rate rose steadily, climbing from around 60 per cent in 1983 to almost 66 per cent in...
Persistent link: https://www.econbiz.de/10012511672
This paper provides an overview of productivity development and other related indicators in Asian-Pacific (APAC) countries, with comparisons with the Europe region. We use the seventh vintage firm-level data from the Productivity Research Network in the APAC region and CompNet in Europe for our...
Persistent link: https://www.econbiz.de/10012545925
Immigrant supply shocks are typically expected to reduce the wage of comparable workers. Natives may respond to the lower wage by moving to markets that were not directly targeted by immigrants and where presumably the wage did not drop. This paper argues that the wage change observed in the...
Persistent link: https://www.econbiz.de/10012501434
We document substantial heterogeneity in occupational employment dynamics in response to government spending shocks. Employment rises most strongly in service, sales, and office ("pink-collar") occupations. By contrast, employment in blue-collar occupations is hardly affected by fiscal stimulus...
Persistent link: https://www.econbiz.de/10011596105