Showing 1 - 10 of 7,762
Persistent link: https://www.econbiz.de/10003295229
Persistent link: https://www.econbiz.de/10001987177
A wide urban-rural disparity is observed in employment growth in the United States. For example, employment growth … examine the sources of U.S. employment growth using the county-level industry data. From an analytical labor-market model, we … derive equilibrium employment growth as a function of growth in neighborhood characteristics and initial conditions such as …
Persistent link: https://www.econbiz.de/10011573731
Much of the US inflation forecasting literature deals with examining the ability of macroeconomic indicators to predict the mean of future inflation, and the overwhelming evidence suggests that the macroeconomic indicators provide little or no predictability. In this paper, we expand the scope...
Persistent link: https://www.econbiz.de/10014046850
The difficulty in modelling inflation and the significance in discovering the underlying data generating process of inflation is expressed in an ample literature regarding inflation forecasting. In this paper we evaluate nonlinear machine learning and econometric methodologies in forecasting the...
Persistent link: https://www.econbiz.de/10012953784
US payroll employment data come from a survey and are subject to revisions. While revisions are generally small at the … therefore exercise caution in interpreting state employment data until they are “benchmarked” against administrative data 5 …–16 months after the reference period. This paper develops a state-space model that predicts benchmarked state employment data in …
Persistent link: https://www.econbiz.de/10013239445
We show that high-frequency private payroll microdata can help forecast labor market conditions. Payroll employment is … that complement existing measures. In particular, we develop a set of weekly aggregate employment indexes from 2000 to 2017 …, which allows us to measure employment at a higher frequency than is currently possible. The extensive coverage of the ADP …
Persistent link: https://www.econbiz.de/10011803794
Persistent link: https://www.econbiz.de/10009130597
: shops whose consumers reside in neighbouring areas under lockdown experience larger employment losses, even if no local …
Persistent link: https://www.econbiz.de/10013218389
A large body of literature estimates the relative wage impacts of immigration on low- and high-skill natives, but it is unclear how these effects map onto changes of the wage distribution. I document the movement of foreign-born workers in the U.S. wage distribution, showing that, since 1980,...
Persistent link: https://www.econbiz.de/10012161534