Showing 1 - 10 of 492
' responses differs by the type of displacement (plant closing vs. permanent layoff), possibly due to differences in the …
Persistent link: https://www.econbiz.de/10013217922
Hundreds of papers have investigated how incentives and policies affect hours worked in the market. This paper examines how income taxes affect time allocation in the other two-thirds of the day. Using the Panel Study of Income Dynamics from 1975 to 2004, we analyze the response of single...
Persistent link: https://www.econbiz.de/10014045896
due to “loss-of-recall”, whereby workers in temporary-layoff unemployment lose their job permanently and do so at higher … both temporary-layoff and jobless unemployment. The model captures well pre-pandemic unemployment dynamics and shows how …
Persistent link: https://www.econbiz.de/10014082355
I examine changes in the incidence and consequences of job loss between 1981 and 2001 using data from the Displaced Workers Surveys (DWS) from 1984-2002. The overall rate of job loss has a strong counter-cyclical component, but the job loss rate was higher than might have been expected during...
Persistent link: https://www.econbiz.de/10014084950
We formally model the impact of presidential policymaking on the willingness of bureaucrats to exert effort and stay in the government. In the model, centralized policy initiative by the president demotivates policy-oriented bureaucrats and can impel them to quit rather than implicate themselves...
Persistent link: https://www.econbiz.de/10014100222
hiring for expansion and layoff for contraction comprises the minority of hiring and separation. A more accurate view is that …
Persistent link: https://www.econbiz.de/10012964917
We assess the quantitative impact of firing costs on aggregate total factor productivity (TFP) in a dynamic general-equilibrium framework where the distribution of establishment-level productivity is not invariant to the policy. Firing costs not only generate static factor misallocation, but...
Persistent link: https://www.econbiz.de/10012966591
We analyze how separations responded to arbitrary differences in own and peer wages at a large U.S. retailer. Regression-discontinuity estimates imply large causal effects of own wages on separations, and on quits in particular. However, this own-wage response could reflect comparisons either to...
Persistent link: https://www.econbiz.de/10012912533
We present a framework for understanding the effects of automation and other types of technological changes on labor demand, and use it to interpret changes in US employment over the recent past. At the center of our framework is the allocation of tasks to capital and labor—the task content of...
Persistent link: https://www.econbiz.de/10012889965
We study the paths over time that individuals follow in the labor market, as revealed in the monthly Current Population Survey. Some people face much higher flow values from work than in a non-market activity; if they lose a job, they find another soon. Others have close to equal flow values and...
Persistent link: https://www.econbiz.de/10012891313