This paper provides evidence that finishing school when labour markets are weak leads to poor subsequent labour market prospects, particularly those leaving school at younger ages. Using administrative register data from Denmark, we find that these scarring effects are larger and more persistent...

We analyze the evolution of the wage structure in East Germany over the past two decades and compare it to West Germany. Both regions experienced a rise in wage inequality between 1995and 2009 with wage dispersion in East Germany exceeding West Germany, esp. at the top. We also show that wage...

This report uses estimates from the Congressional Budget Office to project an unemployment scenario for the Pandemic Recession. We go on to use detailed unemployment and homeless data from the 2008 Great Recession to estimate the linkage between unemployment and homelessness and forecast the...

This report estimates the demography, occupations, industries, and communities of California workers who have a high risk of unemployment in the 2020 Covid recession so that they and their employers can be located and provided with timely and effective assistance for preventing economic...

How new jobs requiring high skill can be notably beneficial for the overall employment of a local economy has been a long discussed topic in economic literature. Nevertheless, given the post COVID-19 breakout trend for increasing remote work, especially in the case of high-skilled workers, the...

The purpose of this article is to evaluate the effect of the newly increased minimum wage, as per the Fair Labor Standards Act, on the unemployment rate. While Congress executed the Act to help lower class workers, they executed it negligently in a recession that has been intense and ongoing....

COVID-19 has exacerbated concerns about the rise of the robots and other automation technologies. This paper analyzes empirically the impact of past major pandemics on robot adoption and inequality. First, we find that pandemic events accelerate robot adoption, especially when the health impact...

This paper develops a dynamic model of the labor market in which the degree of substitution between employment and hours of work is determined as part of a search equilibrium. Each firm chooses its demand for working hours and number of vacancies, and the earnings profile is determined by Nash...

Conventional wisdom suggests that nominal, demand-side shocks have only temporary effects on real macroeconomic magnitudes and that the duration of their effects depends on the degree of nominal inertia. It is also argued that, in the absence of unit roots, temporary supply-side shocks also have...

We estimate the effects of initial labour market entry conditions on a range of subsequent job outcomes for men and women who entered the British labour market between 1991 and 2009, using data from the British Household Panel Survey and its successor Understanding Society. We find that the...