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Routine-biased technological change (RBTC), whereby routine-task jobs are replaced by machines and overseas labor, shifts demand towards high- and low-skill jobs, resulting in job polarization of the U.S. labor market. We test whether recessions accelerate this process. In doing so we establish...
Persistent link: https://www.econbiz.de/10011446551
We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on … unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted … for by the unprecedented extensions of unemployment benefit eligibility. In contrast to the existing recent literature …
Persistent link: https://www.econbiz.de/10010202667
The Spanish labour market is characterised by high levels of unemployment, which have increased during the global …% of households being owner-occupiers. Both regional levels of unemployment and homeownership are known to be important … (2001 and 2011) to study the effect of homeownership and regional unemployment levels on both short and long distance …
Persistent link: https://www.econbiz.de/10011543200
Can governmental policies mitigate the effects of recessions on unemployment? We study whether the Swiss short …-time work (STW) program reduced unemployment in the 2009-2015 period using quarterly establishment-level panel data linking … several administrative data sources. We compare changes in permanent layoffs into unemployment, hiring from unemployment …
Persistent link: https://www.econbiz.de/10012061314
Equilibrium labor market theory suggests that unemployment benefit extensions affect unemployment by impacting both job … vacancy creation and employment and a rise in unemployment …
Persistent link: https://www.econbiz.de/10012905171
Licensed workers could be shielded from unemployment during recession since occupational licensing laws are asymmetric …-in-differences event study research design that exploits cross-state variation in licensing laws to compare the unemployment rate between …, we find that licensing shields workers from a recession-induced increase in the unemployment rate of 0.82 p.p. during …
Persistent link: https://www.econbiz.de/10014544764
Unemployment increased drastically over the course of the Great Recession from 4.5 percent prior to the recession to 10 … percent at its peak in October 2009. Since then, the unemployment rate has come down steadily, and it stood at 5.8 percent in … November 2014. Based on existing analyses and some new evidence, this paper establishes that much of the change in unemployment …
Persistent link: https://www.econbiz.de/10012999706
In the midst of sharply rising long-term unemployment, a series of unemployment benefit (UB) eligibility extensions … ‘laws of economics' to warn that the extensions may be responsible for much of the current unemployment crisis. This … eligibility rules are not effectively enforced, so any income replacement must reduce work incentives and increase unemployment …
Persistent link: https://www.econbiz.de/10013107920
Routine-biased technological change (RBTC), whereby routine-task jobs are replaced by machines and overseas labor, shifts demand towards high- and low-skill jobs, resulting in job polarization of the U.S. labor market. We test whether recessions accelerate this process. In doing so we establish...
Persistent link: https://www.econbiz.de/10012995800
Persistent link: https://www.econbiz.de/10011567474