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Using the near universe of online vacancy postings in the U.S., we study the interaction between labor market power and monetary policy. We show empirically that labor market power amplifies the labor demand effects of monetary policy, while not disproportionately affecting wage growth. A search...
Persistent link: https://www.econbiz.de/10015060296
This paper investigates labor market dynamics in Japan during the COVID-19 pandemic drawing on macro and micro data. The pandemic and related containment measures had a large negative impact on employment, labor force participation, earnings, and labor market mobility, although policy support...
Persistent link: https://www.econbiz.de/10015060434
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In a descriptive way, this paper analyzes the transitions in the Bolivian labor market during the Covid19 pandemic to comprehend the patterns and trends of worker transitions across states related to employment, unemployment, temporarily inactive, permanently inactive; also for employed people...
Persistent link: https://www.econbiz.de/10015055093
This paper examines the effects of job loss on workers. Using detailed administrative data from Costa Rica, we use a clustering algorithm to group workers into types based on their employment stability and job search efficiency. Our results show that job displacement leads to persistent earning...
Persistent link: https://www.econbiz.de/10015055144
Shih-cheng Lien untersucht die Bedeutung der gestiegenen Frauenerwerbstätigkeit für die Veränderungen von Wohnstandort und räumlicher Mobilität. Mit Hilfe einer sekundärstatistischen Analyse des Sozioökonomischen Panels (SOEP) für die Jahre 1993 bis 2008 analysiert sie die zunehmende...
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We document a steady decline in low-skilled immigration that began with the onset of the Great Recession in 2007, which was associated with labor shortages in low-skilled service occupations and a decline in the skill premium. Falling returns to high-skilled jobs coincided with a decline in the...
Persistent link: https://www.econbiz.de/10014578538
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