Results 11 to 20 of about 82,547 (49)

Skill Remoteness and Post-Layoff Labor Market Outcomes

Social Science Research Network
Local skill remoteness captures the dissimilarity between the skill profiles of a worker’s last job and other jobs in a local labor market. Higher skill remoteness at layoff is associated with persistently lower earnings after layoff, a higher ...
Claudia Macaluso
semanticscholar   +1 more source

Data and the Aggregate Economy

Journal of Economic Literature
Recent data technology innovations, such as artificial intelligence and machine learning, have transformed the production of knowledge and increased the importance of data.
L. Veldkamp, C. Chung
semanticscholar   +1 more source

From Blue to Steel-Collar Jobs: The Decline in Employment Gaps?

Social Science Research Network
I investigate how the introduction of industrial robots is shaping the demographic composition of the US labor force between 1993 and 2014. I find that robots decreased employment of men and women by 3.7 and 1.6 percentage points, contributing to the ...
Benjamin Lerch
semanticscholar   +1 more source

100 Years of Rising Corporate Concentration

The American Economic Review
We collect data on the size distribution of US businesses for 100 years, and use these data to estimate the concentration of production (e.g., asset share or sales share of top businesses). The data show that concentration has increased persistently over
S. Kwon, Yueran Ma, Kaspar Zimmermann
semanticscholar   +1 more source

The Macroeconomic Impact of Europe’s Carbon Taxes

Social Science Research Network, 2020
We estimate the macroeconomic impacts of carbon taxes on GDP and employment growth rates using 30 years of data on carbon taxation in various European countries. We find no evidence for a negative impact on employment or GDP growth but rather find a zero
Gilbert E. Metcalf, James H. Stock
semanticscholar   +1 more source

The 1918 Influenza Pandemic and its Lessons for COVID-19

Journal of Economic Literature, 2020
This article reviews the global health and economic consequences of the 1918 influenza pandemic, with a particular focus on topics that have seen a renewed interest because of COVID-19.
B. Beach, K. Clay, M. Saavedra
semanticscholar   +1 more source

Aggregate and Intergenerational Implications of School Closures: A Quantitative Assessment

Social Science Research Network
This paper quantitatively investigates the medium- and long-term macroeconomic and distributional consequences of school closures through intergenerational channels.
Youngsoo Jang, Minchul Yum
semanticscholar   +1 more source

Revisiting productivity growth accounting decompositions

Research in Economics
Productivity growth accounting decompositions are sensitive to the definition of aggregate productivity, which usually takes the form of a weighted geometric or arithmetic average of firms’ productivities. This paper shows explicitly why the two differ. It
Filippo Massari
semanticscholar   +1 more source

Monetary Policy When the Phillips Curve Is Quite Flat

American Economic Journal: Macroeconomics
This paper highlights how the presence of a monetary policy cost channel can offer new insights into the relation between monetary policy and inflation when the Phillips curve is quite flat. For instance, we highlight a key condition whereby lax monetary
P. Beaudry, Chenyu Hou, F. Portier
semanticscholar   +1 more source

Earnings Inequality and the Minimum Wage: Evidence from Brazil

Social Science Research Network, 2017
Increases in the minimum wage can substantially reduce earnings inequality. To demonstrate this, we combine administrative and survey data with an equilibrium model of the Brazilian labor market.
Niklas Engbom, Christian Moser, Christian Moser   +2 more
semanticscholar   +1 more source