Exogenous shocks often impact a local labor market more than at the national level. This study improves upon the standard Difference in Difference (DD) approach by examining exogenous shocks using a Generalized Difference in Difference (GDD) econometric approach that identifies the effects of...

This paper adopts a generalized-difference-in-difference (GDD) technique outlined in Ariel R. Belasen and Solomon W. Polachek (IZA Discussion Paper #2976) to examine the impact of hurricanes on the labor market. We find that earnings of the average worker in a Florida county rises over 4% within...

After a decade in which wages and employment fell precipitously in low-skill occupations and expanded in high-skill occupations, the shape of U.S. earnings and job growth sharply polarized in the 1990s. Employment shares and relative earnings rose in both low and high-skill jobs, leading to a...

Infolge des verspäteten Frühjahrsaufschwungs fiel die Arbeitslosenzahl in Deutschland in diesem Jahr erst im April unter die Vier-Millionen-Marke. Insgesamt wurden 3,967 Mill. Menschen ohne Arbeit registriert, 174.300 weniger als im März, aber 362.000 mehr als im April 1995. In ähnlicher...