Using a difference-in-differences framework and micro data from the Current Population Survey-Merged Outgoing Rotation Group Files (1999 to 2004), this paper estimates the impact that the 9-11 terrorists attacks had on the U.S. labor market outcomes of individuals with nativity profiles similar...

The current expansion has shattered the length of the previous longest peace-time boom and brought unemployment rates below four percent in 44 percent of metropolitan areas. We estimate the expansion's impact on the labor market outcomes of less-educated men. We find that young men, especially...

A paper presented at the December 2004 conference "Labor Market Developments in the United States and Canada since 2000," cosponsored by the Federal Reserve Bank of New York, the Canadian Consulate General in New York, the Centre for the Study of Living Standards, and the New York Association...

[...]This paper examines the operation of the U.S. labor marketin the 2001 recovery. Because the United States is in the middleof the recovery, ours is a real-time analysis; thus, someconclusions could change if the recovery stalls or employmentgrows suddenly. For instance, since August 2003,...