Immigration and Employer Transitions for STEM Workers

By Sari Pekkala Kerr and William R. Kerr

American Economic Review, May 2013

The firm is almost entirely absent from models of immigration, and yet firms play a central role for high-skilled immigration. The H-1B visa program, for example, is a firm-sponsored entry where firms are responsible for every stage: from identifying the ...

Unemployment Benefits, Unemployment Duration, and Post-Unemployment Jobs: A Regression Discontinuity Approach

By Rafael Lalive

American Economic Review, May 2007

Trust in Public Institutions over the Business Cycle

By Betsey Stevenson and Justin Wolfers

American Economic Review, May 2011

We document that trust in public institutions—and particularly trust in banks, business and government—has declined over recent years. US time series evidence suggests that this partly reflects the pro-cyclical nature of trust in institutions....

Unemployment and Small Cap Returns: The Nexus

By Giuseppe Moscarini and Fabien Postel-Vinay

American Economic Review, May 2010

Looking into the Black Box: A Survey of the Matching Function

By Barbara Petrongolo and Christopher A. Pissarides

Journal of Economic Literature, June 2001

This paper surveys the microfoundations, empirical evidence, and estimation issues underlying the aggregate matching function. There is no consensus yet on microfoundations but one is emerging on estimation. An aggregate, constant returns, Cobb-Douglas ma...

Child Benefits, Maternal Employment, and Children's Health: Evidence from Canadian Child Benefit Expansions

By Kevin Milligan and Mark Stabile

American Economic Review, May 2009

Employment and Retirement Following a Late-Career Job Loss

By Sewin Chan and Ann Huff Stevens

American Economic Review, May 1999

The Labor Market for New Ph.D. Economists

By John J. Siegfried and Wendy A. Stock

Journal of Economic Perspectives, Summer 1999

Presents results from a survey of 450 new (1996-97) Ph.D. economists, providing information about employment, underemployment, employers, work activities, salaries, and job satisfaction. Comparisons are made across ranks of the graduates' Ph.D. programs, ...

Contrasting Trends in Firm Volatility

By David Thesmar and Mathias Thoenig

American Economic Journal: Macroeconomics, October 2011

Over the past decades, the real and financial volatility of listed firms has increased, while the volatility of private firms has decreased. We first provide panel data evidence that, at the firm level, sales and employment volatility are impacted by chan...

What Explains Changes in Retirement Plans during the Great Recession?

By Gopi Shah Goda, John B. Shoven, and Sita Nataraj Slavov

American Economic Review, May 2011

We examine changes in subjective probabilities regarding retirement between the 2006 and 2008 waves of the Health and Retirement Study. Using a first-difference approach to eliminate individual heterogeneity, we find that the steep drop in asset prices in...

Knowledge of Future Job Loss and Implications for Unemployment Insurance

By Nathaniel Hendren

American Economic Review, July 2017

This paper studies the implications of individuals' knowledge of future job loss for the existence of an unemployment insurance (UI) market. Learning about job loss leads to consumption decreases and spousal labor supply increases. This suggests existing ...

Compensating Differentials for Sexual Harassment

By Joni Hersch

American Economic Review, May 2011

Workplace sexual harassment is illegal, but many workers report that they have been sexually harassed. Exposure to the risk of sexual harassment may decrease productivity, which would reduce wages. Alternatively, workers may receive a compensating differe...

The Criminal Justice Response to Policy Interventions: Evidence from Immigration Reform

By Sarah Bohn, Matthew Freedman, and Emily Owens

American Economic Review, May 2015

Changes in the treatment of individuals by the criminal justice system following a policy intervention may bias estimates of the effects of the intervention on underlying criminal activity. We explore the importance of such changes in the context of the I...

A Short-Run View of What Computers Do: Evidence from a UK Tax Incentive

By Paul Gaggl and Greg C. Wright

American Economic Journal: Applied Economics, July 2017

We study the short-run causal effect of Information and Communication Technology (ICT) adoption on employment and wage distribution. We exploit a natural experiment generated by a tax allowance on ICT investments and find that the primary effect of ICT is...

Data Watch: The Panel Study of Income Dynamics

By Charles Brown, Greg J. Duncan, and Frank P. Stafford

Journal of Economic Perspectives, Spring 1996

By collecting annual economic and demographic information from a large and representative sample of U.S. households for over a quarter century, the Panel Study of Income Dynamics has compiled a remarkably useful set of microdata. This article describes th...

The New Keynesian Synthesis

[Symposium: Keynesian Economics Today]

By David Romer

Journal of Economic Perspectives, Winter 1993

The new Keynesians made more rapid progress in understanding the microeconomics of unemployment than in understanding the microeconomics of nominal price rigidity. But the past five years have seen important breakthroughs in this second area. This paper w...

Managerial Attention and Worker Performance

By Marina Halac and Andrea Prat

American Economic Review, October 2016

We present a novel theory of the employment relationship. A manager can invest in attention technology to recognize good worker performance. The technology may break and is costly to replace. We show that as time passes without recognition, the worker's b...

Managing Currency Pegs

By Stephanie Schmitt-Grohé and Martín Uribe

American Economic Review, May 2012

The combination of a fixed exchange rate and downward nominal wage rigidity creates a real rigidity. In turn, this real rigidity makes the economy prone to involuntary unemployment during external crises. This paper presents a graphical analysis of alte...

Inward Foreign Direct Investment and Racial Employment Patterns in US Manufacturing

By Abera Gelan, Kaye Husbands Fealing, and James Peoples

American Economic Review, May 2007

Does European Unemployment Prop Up American Wages? National Labor Markets and Global Trade: Comment

By Jürgen Meckl

American Economic Review, December 2006