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labor market and examines the implications of joint household decision-making for cyclical fluctuations in the unemployment …, and find that joint household decision-making contributes to the counter-cyclicality of women’s unemployment rate, but not …
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This paper studies the role of financial frictions in explaining the heterogeneous effect of exchange rate uncertainty on international trade. Empirically, exports in industries in which firms have less tangible capital or rely more heavily on external finance decrease more in times of high...
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We investigate the impact of workers' exposure to unemployment risk on CEO incentive compensation. Exploiting state …-level changes in unemployment benefits as a source of variation in workers' unemployment costs, we find that after unemployment …
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