Globalization may impose a double-burden on low-skilled workers. On the one hand, the relative supply of low-skilled labor increases. This suppresses wages of low-skilled workers and/or increases their unemployment rates. On the other hand, low-skilled workers typically face more limited access...

It is an established fact that there are high levels of employment volatility in the United States. Despite the importance of employer-provided benefits in the US health insurance system, the impact of prior job instability on one's future ability to obtain insurance coverage is not well...

We examine how employer-driven volatility in workers' schedules impacts their decision to voluntarily leave their job. Using time-stamped work log data of home health nurses, we construct and study a novel measure of schedule volatility. This measure may be endogenous to the worker's decision to...

We lay out an empirical and a theoretical model to analyze the effects of non-fundamental exchange rate volatility on economic activity and welfare. In the first part of the paper, the GARCH-SVARmodel is applied to measure empirically the effect of the conditional exogenous exchange rate...