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This paper makes use of a unique data set to explore the issue of whether inner-city residents are more likely to be hired by a new inner-city development than non-residents. A selection model with partial observability is specified and estimated. This partial observability model allows us to...
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In the late 1990s low unemployment rates, increases in the minimum wage, and improvements in labor productivity contributed to a boost in wages, which translated into 12.4 percent cumulative growth in real wages from the late '90s until 2002. Real wages then stagnated despite continued growth in...
Persistent link: https://www.econbiz.de/10010889962
As a measure of labor market strength, the raw Employment-to-Population ratio (EPOP) confounds employment outcomes with labor supply behavior. Movement in the EPOP depends on the relative movements of the employment rate (one minus the unemployment rate) and the labor force participation rate....
Persistent link: https://www.econbiz.de/10010938763
As a measure of labor market strength, the raw employment-to-population ratio (EPOP) confounds employment outcomes with labor supply behavior. Movement in the EPOP depends on the relative movements of the employment rate (one minus the unemployment rate) and the labor force participation rate....
Persistent link: https://www.econbiz.de/10010942495
The analysis in this paper provides estimates of family welfare losses generated by wage and nonlabor income declines experienced across the Great Recession and by labor market constraints existing postrecession. Welfare losses are greater as families (both married and single) move up the income...
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This article makes use of a unique personnel data set to explore job separation behavior among workers who qualify for theWork Opportunity Tax Credit (WOTC). Results indicate that WOTC workers do not exhibit overall higher turnover than similar non-WOTC workers. The tenures of the two groups...
Persistent link: https://www.econbiz.de/10011260611