This paper examines the reasons behind the sudden increase and the slow recovery of unemployment in Chile after the economic slowdown that took place in 1998 as a result of the Asian Crisis. To do so, we analyze the response of employment and wages to this economic shock and show that Chile...

This paper studies quarterly employment flows of approximately 10,000 large U.S. manufacturing establishments during 1972:1-1980:4.After estimating the extent of short run microeconomic substitution between employment and hours per worker (hours-week), we construct measures of the path of the...

This paper provides evidence of the impact of COVID-19 on employment in Chile. During the last two quarters, the pandemic destroyed two million jobs, almost one third of the labor force. To formulate economic policies we must understand why some sectors, occupations, and demographic groups are...

This paper examines the economic effects of employment protection legislation in a sample of developed and developing countries. Implementing a difference-indifferences test lessens the potentially severe endogeneity and omitted variable problems associated with cross-country regressions. This...

This paper demonstrates the causal effect of new technologies on the U.S. labor market. I employ information and communications technology, and robot penetration, as two proxy for new technologies to assess the effect of automation on 795 occupations across 450 industries between 2004 and 2016....