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den USA. Frühere Untersuchungen haben gezeigt, dass die extensive Margin dominiert und, dass, zweitens, in beiden Ländern … der extensiven und der intensiven Margin in den USA im zeitlichen Verlauf relativ stabil ist, variiert deren relative … den USA. Allerdings hängt ihre tatsächliche quantitative Bedeutung in erheblichem Umfang von der Wahl des …
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This paper explores how much firm-paid employee benefits and firms' financial conditions have contributed to delayed employment recoveries relative to output since 1990, using a DSGE model. Empirically, I document the underexplored pro-cyclicality of per worker benefit costs. Post-1990 period...
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While previous studies have shown that recessions are associated with better health outcomes and behaviors, the focus of these studies has been on the relatively milder recessions of the late 20th century. In this paper, we examine if the previously established counter-cyclical pattern in health...
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