Financialization, new investment funds, and labour / Howard Gospel and Andrew Pendleton -- Financial intermediaries in the United States : development and impact on firms and employment relations / Eileen Appelbaum, Rosemary Batt, and Jae Eun Lee -- Financialization, new investment funds, and...

This paper explores how the expansion of labor-intensive manufacturing exports resulting from the United States-Vietnam Bilateral Trade Agreement in 2001 translated into wages of skilled and unskilled workers and the skill premium in Vietnam through the channel of labor demand. In order to...

In the 1980s, the wages and employment rates of less-skilled Americans fell relative to those of more-skilled workers. This paper examines the contribution of the continuing inflow of less-skilled immigrants and the increasing importance of imports in the U.S. economy to these trends. Our...

We evaluate the employment effect of the green part of the largest fiscal stimulus in recent history, the American Recovery and Reinvestment Act (ARRA). Each $1 million of green ARRA created 15 new jobs that emerged especially in the post-ARRA period (2013-2017). We find little evidence of...

A model is developed in which two complementary forms of investment contribute to growth--technology and skill acquisition, and growth takes two forms--TFP and variety growth. The rate of TFP growth depends more heavily on the parameters governing skill accumulation, while variety growth...

In this paper, we show that labor-market adjustment to immigration differs across tradable and nontradable occupations. Theoretically, we derive a simple condition under which the arrival of foreign-born labor crowds native-born workers out of (or into) immigrant-intensive jobs, thus lowering...

We use new sources of micro-data to estimate the short-run impact that H-1B employment has had on IT wages. Our primary data source describes employers, demographics, and wages for a segment of the US IT workforce. We integrate these data with external datasets describing employers' H-1B...