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Macroeconomic shocks and racial labour market differences in the U.S.
De, Kuhelika; Compton, Ryan A.; Giedeman, Daniel C.; … - 2019
in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …
Persistent link: https://www.econbiz.de/10012157899
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Estimating labor market slack, U.S. 1994-2019
Komlos, John - 2019
U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms … varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However …
Persistent link: https://www.econbiz.de/10012123041
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The actual U.S. unemployment rate was 24.4% in May 2020
Komlos, John - 2020
The official U.S. unemployment rate is an inadequate measure of actual labor market conditions. This poses a major … challenge for researchers and confuses both the public and policy makers. A new definition of unemployment is proposed. It … unemployed. We find that the actual unemployment rate in May 2020 was 24.4% or 183% of the headline rate of 13.3%. …
Persistent link: https://www.econbiz.de/10012234485
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The lifecycle of the 47%
Fullerton, Don; Rao, Nirupama - 2016
We assess the concentration and duration of zero tax liabilities and of transfer receipts, using data for households with ten to forty years of observations from the Panel Survey of Income Dynamics. We find that neither is strongly concentrated. Nearly 68% owe no federal tax in at least one...
Persistent link: https://www.econbiz.de/10011522136
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Immigrant entrepreneurship
Pekkala Kerr, Sari; Kerr, William R. - 2016
We examine immigrant entrepreneurship and the survival and growth of immigrant-founded businesses over time relative to native-founded companies. Our work quantifies immigrant contributions to new firm creation in a wide variety of fields and using multiple definitions. While significant...
Persistent link: https://www.econbiz.de/10011565661
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That elusive elasticity : a long-panel approach to estimating the capital-labor substitution elasticity : presented at CESifo Area Conference on Public Sector Economics, May 2004
Chirinko, Robert S.; Fazzari, Steven M.; Meyer, Andrew P. - 2004
The elasticity of substitution between capital and labor features prominently in several areas of economic research …
Persistent link: https://www.econbiz.de/10011450090
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The real U.S. unemployment rate is twice the official rate, and the Phillips curve
Komlos, John - 2019
The official unemployment rate has become an inadequate measure of labor market conditions. This poses a major … unemployment rate by weighing part-time workers with 62.5%, the proportion of the time they work relative to full-time workers. We … provide new monthly estimates of the unemployment rate for the period 1994-2019 and find that their average during this 25 …
Persistent link: https://www.econbiz.de/10012104103
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Labor supply along the extensive and intensive margin
Bick, Alexander; Brüggemann, Bettina; … - 2016
We use national labor force surveys from 1983 through 2011 to construct hours worked per person on the aggregate level …
Persistent link: https://www.econbiz.de/10011524624
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Unemployment in the United States and in Europe : a contrast and the reasons
Solow, Robert - 2000
Persistent link: https://www.econbiz.de/10009781501
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A letter and encouragement : does information increase post-secondary enrollment of UI recipients?
Barr, Andrew; Turner, Sarah E. - 2017
For individuals who experience job loss, enrollment in post-secondary programs may provide an opportunity to improve future employment outcomes. However, decisions to enroll may be hampered by insufficient information about the benefits and costs and the necessary steps and assistance available...
Persistent link: https://www.econbiz.de/10011646937