Showing 1 - 10 of 1,881
. Using a novel data set we offer new evidence supporting unambiguously the view that, in sharp contrast with US, Australia …
Persistent link: https://www.econbiz.de/10012955952
Job polarization refers to the shrinking share of employment in middle-skill, routine occupations experienced recently, over the last 35 years. Jobless recoveries refers to the slow rebound in aggregate employment following recent recessions, despite recoveries in aggregate output. We show how...
Persistent link: https://www.econbiz.de/10013101513
evolution of the labor share, the profit rate, the capital/output ratio, and unemployment which we examine more particularly in …
Persistent link: https://www.econbiz.de/10012763653
This paper aims at investigating the relationship between employment and GDP in the United States. We disentangle trend and cyclical employment components by estimating a non-linear Okun's law based on a smooth transition error-correction model that simultaneously accounts for long-term...
Persistent link: https://www.econbiz.de/10013081845
This paper asks how well Okun's Law fits short-run unemployment movements in the United States since 1948 and in twenty … the unemployment rate - varies substantially across countries. This variation is partly explained by idiosyncratic …
Persistent link: https://www.econbiz.de/10013089022
Productivity is a key determinant of the sustainability of the public finances. While the initial impact of Covid-19 on labor productivity growth shows a surprisingly positive impact, the impact on total factor productivity (TFP) is less clear. We evaluate this with new survey data on labor and...
Persistent link: https://www.econbiz.de/10013221960
Our paper documents the large labor market wedges created by taxes, subsidies, and regulations included in the Affordable Care Act. The law changes terms of trade in both goods and factor markets for firms offering health insurance coverage. We use a multi-sector (intra-national) trade model to...
Persistent link: https://www.econbiz.de/10013071301
This paper analyzes effects of population aging on the labor market and determines their broad implications for public policy. It takes Germany as an example, but it equally applies to the other large economies in Continental Europe. The paper argues that, alongside the amply discussed,...
Persistent link: https://www.econbiz.de/10013216487
Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological change skill biased or factor neutral? We exploit rich Norwegian data to answer these questions. A public program with limited funding rolled out broadband access points, and...
Persistent link: https://www.econbiz.de/10013030144
unemployment. The sample of approximately 15,000 observations is drawn from the 1988 Alcohol Survey of the National Health …
Persistent link: https://www.econbiz.de/10014158808