Manufacturing Decline, Housing Booms, and Non-Employment

Kerwin Kofi Charles, Erik Hurst, and Matt Notowidigdo argue that the housing boom masked a structural decline in manufacturing employment in a recent paper. They estimate that 40% of the increase in non-employment from 2000-2011 can be attributed to the decline in manufacturing.




About ozidar

I'm an Assistant Professor of Economics at the University of Chicago Booth School of Business and a Faculty Research Fellow at National Bureau of Economic Research. You can follow me on twitter @omzidar.
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