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The US Economic Model at Y2K : Lodestar for Advanced Capitalism?

Freeman, Richard B. - 2000

to be the peak capitalist economy in the new information economy. This paper develops criterion for judging peak status … workers, continued full employment will greatly strengthen the case for the US as peak economy. But with anything less than … full employment the US economy will lose its luster. Even if this occurs, however, the US record in employing women and …

Persistent link: https://www.econbiz.de/10012470993

Illuminating the Effects of the US-China Tariff War on China's Economy

Chor, Davin; Li, Bingjing - National Bureau of Economic Research - 2021

How much has the US-China tariff war impacted economic outcomes in China? We address this question using high-frequency night lights data, together with measures of the trade exposure of fine grid locations constructed from Chinese firms' geo-coordinates. Exploiting within-grid variation over...

Persistent link: https://www.econbiz.de/10012660027

Selection in Surveys

Dutz, Deniz; Huitfeldt, Ingrid; Lacouture, Santiago; … - National Bureau of Economic Research - 2021

We evaluate how nonresponse affects conclusions drawn from survey data and consider how researchers can reliably test and correct for nonresponse bias. To do so, we examine a survey on labor market conditions during the COVID-19 pandemic that used randomly assigned financial incentives to...

Persistent link: https://www.econbiz.de/10012794577

A Patchwork Safety Net : A Survey of Cliometric Studies of Income Maintenance Programs in the United States in the First Half of the Twentieth Century

Fishback, Price V. - 2010

Social welfare programs in the United States are designed to serve as safety nets for people in hard times, in contrast with the universal approach found in many other developed western nations. In a survey of Cliometric studies of social welfare programs in the U.S., we examine the variation in...

Persistent link: https://www.econbiz.de/10012462956

Sticky Prices and Monetary Policy : Evidence from Disaggregated U.S. Data

Boivin, Jean - 2007

This paper disentangles fluctuations in disaggregated prices due to macroeconomic and sectoral conditions using a factor-augmented vector autoregression estimated on a large data set. On the basis of this estimation, we establish eight facts: (1) Macroeconomic shocks explain only about 15% of...

Persistent link: https://www.econbiz.de/10012465833

Tracking Weekly State-Level Economic Conditions

Baumeister, Christiane; Leiva-Leon, Danilo; Sims, Eric R. - National Bureau of Economic Research - 2021

allows us to gauge the overall weakness of the U.S. economy. We also illustrate the usefulness of these state-level indices …

Persistent link: https://www.econbiz.de/10012599293

Interest Rate Skewness and Biased Beliefs

Bauer, Michael D.; Chernov, Mikhail - National Bureau of Economic Research - 2021

Conditional yield skewness is an important summary statistic of the state of the economy. It exhibits pronounced …

Persistent link: https://www.econbiz.de/10012585438

How do Financial Crises Redistribute Risk?

Mitchener, Kris; Vossmeyer, Angela - National Bureau of Economic Research - 2023

We examine how financial crises redistribute risk, employing novel empirical methods and micro data from the largest financial crisis of the 20th century - the Great Depression. Using balance-sheet and systemic risk measures at the bank level, we build an econometric model with incidental...

Persistent link: https://www.econbiz.de/10014337771

The Language Ability of U.S. Immigrants : Assimilation and Cohort Effects

Carliner, Geoffrey - 1995

This paper uses data from the 1980 and 1990 U.S. Census of Population to examine the English language skills of natives and immigrants. The first main finding is that lack of fluency in spoken English is rare among native- born Americans. In 1990, 98.4 % of natives aged 18 to 64 reported to the...

Persistent link: https://www.econbiz.de/10012473655

Unraveling the Productivity Growth Slowdown in the U.S., Canada and Japan : The Effects of Subequilibrium, Scale Economies and Markup

Morrison, Catherine J. - 1989

Measures of productivity growth typically include in the Productivity "residual" the impacts of subequilibrium from fixity of factors, costs of adjustment, returns to scale and markups. This paper proposes a general two part framework for adjusting the residual measure to take these impacts into...

Persistent link: https://www.econbiz.de/10012476055