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At the onset of the COVID-19 recession, a large share of the employed switched to remote work. Individual- and firm-level surveys indicated that the switch affected between 35 and 45 percent of workers
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Why have large declines in oil prices and in the rig count not triggered a more dramatic decline in production? At what price level would a large share of U.S. shale oil production lose economic viability?
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Women, on average, are paid less than men. According to the 2015 report prepared by the Institute for Women's Policy Research (IWPR), female full-time workers in the United States received only 81 cents for every dollar earned by men; this difference amounts to a gender wage gap of 19 percent
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Ample empirical research documents the negative effect of uncertainty on economic activity. Unexpected changes in macroeconomic conditions or doubts about the direction of future policy tend to be associated with lower capital investments, reduced hiring, and slower consumer spending
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