Results 21 to 30 of about 82,547 (49)
Mismatch Unemployment and the Geography of Job Search
American Economic Journal: Macroeconomics, 2018 Could we significantly reduce US unemployment by helping job seekers move closer to jobs? Using data from the leading employment board CareerBuilder.com, we show that, indeed, workers dislike applying to distant jobs: job seekers are 35 percent less ...
Ioana Marinescu, Roland Rathelot
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Skill loss during unemployment and the scarring effects of the COVID-19 pandemic
Labour EconomicsWe integrate the SIR epidemiology model into a search and matching framework in which workers lose human capital during unemployment. As the number of infections rises, fewer jobs are created, the unemployment rate increases and the composition of skills
P. Jackson, Victor Ortego-Marti
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Financial Access and Labor Market Outcomes: Evidence from Credit Lotteries
Social Science Research NetworkWe assess the employment and income effects of access to credit dedicated to investment in individual mobility by exploiting time-series variation in access to credit through lotteries for participants in a group-lending mechanism in Brazil. We find that
B. V. Doornik +3 more
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Is The Phillips Curve Alive and Well After All? Inflation Expectations and the Missing Disinflation
, 2013 Olivier Coibion +2 more
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Severe Weather and the Macroeconomy
American Economic Journal: MacroeconomicsWe investigate the impact of severe weather shocks on the US macroeconomy over the past 60 years. Using a nonlinear vector autoregressive model, we find robust evidence of time-varying effects.
Heejean Kim, C. Matthes, Toán Phân
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Understanding the Scarring Effect of Recessions
The American Economic Review, 2022This paper documents that the earnings cost of job loss is concentrated among workers who find reemployment in lower-skill occupations, and that the cost and incidence of such occupation displacement is higher for workers who lose their job during a ...
C. Huckfeldt
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Skilled Labor Productivity and Cross-Country Income Differences
American Economic Journal: Macroeconomics, 2023This paper revisits the question of how allowing for imperfect substitution among workers with different skill levels affects the results of development accounting.
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Disagreement about Monetary Policy
American Economic Journal: MacroeconomicsThis paper studies why central banks and markets hold different beliefs. I introduce a model that formalizes three mechanisms for disagreement: asymmetric information about fundamentals, different perceptions of the policy rule, and different confidence ...
Karthik A. Sastry
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Structural Reforms and Economic Performance: The Experience of Advanced Economies
Journal of Economic LiteratureThis article provides a comprehensive assessment of the theoretical and empirical literature on structural reforms in advanced economies. Structural reforms matter because they entail profound and systematic changes that affect economic welfare ...
Nauro F. Campos +2 more
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Monetary Policy and the Labor Market: A Quasi-Experiment in Sweden
Social Science Research NetworkWe analyze a monetary quasi–experiment in Sweden from 2010–2011, when the Riksbank raised the interest rate substantially. We argue that this increase was beyond what labor market conditions warranted, driven instead by new concerns about financial ...
J. Coglianese +2 more
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