Tag Archives: Labor Markets

Who Pays for the Minimum Wage?

Posted on December 4, 2014 by ozidar

From Attila Lindner and  Péter Harasztosi: This paper analyzes the effects of a large (~60%) and persistent increase in the minimum wage instituted in Hungary in 2001. We propose a new approach to estimating the employment effects of a minimum wage … Continue reading →

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It’s Where You Work: Increases in Earnings Dispersion across Establishments and Individuals in the U.S.

Posted on September 10, 2014 by ozidar

From Erling Barth, Alex Bryson, James C. Davis, Richard Freeman: This paper links data on establishments and individuals to analyze the role of establishments in the increase in inequality that has become a central topic in economic analysis and policy debate. … Continue reading →

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Long-Term Unemployment and the Great Recession: The Role of Composition, Duration Dependence, and Non-Participation

Posted on September 21, 2013 by ozidar

From Kory Kroft, Fabian Lange, Larry Katz, and Matt Notowidigdo: We explore the extent to which composition, duration dependence, and non-participation can account for the sharp increase in long-term unemployment (LTU) during the Great Recession. We first show that compositional shifts in … Continue reading →

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Amerisclerosis? The Puzzle of Rising U.S. Unemployment Persistence

Posted on September 19, 2013 by ozidar

From Olivier Coibion, Yuriy Gorodnichenko, Dmitri Koustas: The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future U.S. recessions might look more like the Eurosclerosis experience of the 1980s than traditional V-shaped … Continue reading →

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Bargaining and the Gender Wage Gap: A Direct Assessment

Posted on September 3, 2013 by ozidar

From David Card, Ana Rute Cardoso, and Pat Kline: An influential recent literature argues that women are less likely to initiate bar- gaining with their employers and are (often) less effective negotiators than men. We use longitudinal wage data from Portugal, matched … Continue reading →

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Who Benefits from Technological Change?

Posted on August 25, 2013 by ozidar

Given recent concern about technological change and how it is wrecking the middle class, I thought I’d share a simple illustration of what classical economic models* imply about the relationship between productivity growth and the returns to workers and capital owners. … Continue reading →

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Are Behavioral Responses to Welfare Programs Bigger than We Think?

Posted on April 18, 2013 by ozidar

Pat Kline and Melissa Tartari have an innovative working paper that is a bit technical, but quite interesting. They formally identify the magnitude of intensive and extensive margin adjustments to the a welfare program called Jobs First. Here’s the Abstract: We study the … Continue reading →

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Untangling Trade and Technology: Evidence from Local Labor Markets

Posted on April 8, 2013 by ozidar

A new paper from David Autor, David Dorn and Gorfon Hanson. ABSTRACT: We juxtapose the effects of trade and technology on employment in U.S. local labor markets between 1990 and 2007. Labor markets whose initial industry composition exposes them to rising … Continue reading →

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The Labor Market Is Not Zero Sum: EPI, Immigration, & Labor Market Misconceptions

Posted on February 9, 2013 by ozidar

Ross Eisenbrey had an NYT op-ed this week on immigration in which he said: “Bringing over more — there are already 500,000 workers on H-1B visas — would obviously darken job prospects for America’s struggling young scientists and engineers. But it … Continue reading →

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Hysteresis & the Unemployment Problem

Posted on January 24, 2013 by ozidar

Summers and Blanchard have a paper on Hysteresis in Europe in the 1980s in which they discuss three main potential causes of hysteresis, which is a very high dependence of current employment on past unemployment. The three causes are (1) physical … Continue reading →

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