Tag Archives: Wages

Untangling Trade and Technology: Evidence from Local Labor Markets

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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Regional Variation in Health Insurance Premia, Wages, & Health Costs

While I’m certainly not the first to point these features out, it is astounding to look at how quickly health insurance premia have grown overtime, especially when you compare this growth to that of average wages, total Medicare spending per … Continue reading

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Technical Change and the Relative Demand for Skilled Labor: The United States in Historical Perspective

A new working paper from Larry Katz & Robert Margo This paper examines shifts over time in the relative demand for skilled labor in the United States. Although de-skilling in the conventional sense did occur overall in nineteenth century manufacturing, … Continue reading

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Who Benefits from the EITC?

Given the discussion on minimum wages and other low-income programs, I thought I’d highlight a study by Jesse Rothstein that roughly argues that the EITC encourages more people to work, which bids wages down for low income workers and enables … Continue reading

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Links for Today: Heckman on Head Start and Mian & Sufi SF Fed paper

1. Heckman on early childhood education 2. Mian and Sufi: Aggregate Demand and State-Level Employment   

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

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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The Economics of Immigration

Given the interest and policy relevance (as well as Miles Kimball’s immigration tweet day), I thought I’d write a post on the theory and empirics of the effects of immigration in the labor market. A simple starting point for thinking … Continue reading

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Do Dividend Tax Cuts Increase Investment and Hiring?

Abstract: Policymakers frequently propose to use capital tax reform to stimulate investment and increase labor earnings. This paper tests for such real impacts of the 2003 dividend tax cut – one of the largest reforms ever to a U.S. capital … Continue reading

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Hysteresis & the Unemployment Problem

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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The Determinants and Welfare Implications of US Workers’ Diverging Location Choices by Skill: 1980-2000

From Rebecca Diamond: ABSTRACT: From 1980 to 2000, the substantial rise in the U.S. college-high school graduate wage gap coincided with an increase in geographic sorting as college graduates increasingly concentrated in high wage, high rent metropolitan areas, relative to lower … Continue reading

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