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This note examines labour market performance across countries through the lens of Okun's Law. We find that after the 1970s but prior to the global financial crisis of the 2000s, the Okun's Law relationship between output and unemployment became more homogenous across countries. These changes...
Persistent link: https://www.econbiz.de/10011135880
The U.S. unemployment rate has remained stubbornly high since the 2007-2009 recession, leading some observers to conclude that structural rather than cyclical factors are to blame. Relying on a standard job search and matching framework and empirical evidence from a wide array of labor market...
Persistent link: https://www.econbiz.de/10010815762
Suicide kills more Americans each year than die in motor accidents. Yet its causes remain poorly understood. We suggest in this paper that the level of others’ happiness may be a risk factor for suicide (although one's own happiness likely protects one from suicide). Using U.S. and...
Persistent link: https://www.econbiz.de/10011048162
We assess the importance of interpersonal income comparisons using data on suicide deaths. We examine whether suicide risk is related to others' income, holding own income and other individual and environmental factors fixed. We estimate models of the suicide hazard using two independent data...
Persistent link: https://www.econbiz.de/10010835682
The use of subjective well-being (SWB) data for investigating the nature of individual preferences has increased tremendously in recent years. There has been much debate about the cross-sectional and time series patterns found in these data, particularly with respect to the relationship between...
Persistent link: https://www.econbiz.de/10004992804
The responses of workers and their employers to the onset of work-limiting health impairments were investigated using data from the new Health and Retirement Survey. The results indicate that many workers who suffer from health limitations are directly accommodated by their employers, and that...
Persistent link: https://www.econbiz.de/10005830253
In this paper we provide a context for evaluating the goals and effectiveness of current disability policy. We review the Social Security Disability Insurance and Supplemental Security Income programs and examine trends in disability benefit receipt and employment among working-age people with...
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