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Social and Behavioral Sciences Commons

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Economics

Unemployment

Yale University

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Full-Text Articles in Social and Behavioral Sciences

Measuring The U.S. Employment Situation Using Online Panels: The Yale Labor Survey, Christopher Foote, Tyler Hounshell, William D. Nordhaus, Douglas Rivers, Pamela Torola Apr 2021

Measuring The U.S. Employment Situation Using Online Panels: The Yale Labor Survey, Christopher Foote, Tyler Hounshell, William D. Nordhaus, Douglas Rivers, Pamela Torola

Cowles Foundation Discussion Papers

This study presents the design and results of a rapid-fire survey that collects labor market data for individuals in the United States. The purpose is to test online panels for their application to social, economic, and demographic information as well as to apply this approach to the U.S. labor market. The Yale Labor Survey (YLS) used an online panel from YouGov to replicate statistics from the Current Population Survey (CPS), the government’s official source of household labor market statistics. The YLS’s advantages included its timeliness, low cost, and ability to develop new questions quickly to study unusual labor market patterns …


The Us Employment Situation Using The Yale Labor Survey, Christopher Foote, William D. Nordhaus, Douglas Rivers Jul 2020

The Us Employment Situation Using The Yale Labor Survey, Christopher Foote, William D. Nordhaus, Douglas Rivers

Cowles Foundation Discussion Papers

This study presents the design and results of a rapid-fire survey that collects labor market data for households in the United States. The Yale Labor Survey, or YLS, uses an online panel from YouGov to replicate the Current Population Survey (CPS), which is the source of the government’s monthly household statistics. Questions in the YLS concern current and retrospective employment, hours, and income. Because the YLS draws upon an existing pool of potential respondents, it can generate responses inexpensively and quickly (within 24 hours). Moreover, the YLS can develop new questions in real time to study unusual patterns of work …


Narratives About Technology-Induced Job Degradation Then And Now, Robert J. Shiller Feb 2019

Narratives About Technology-Induced Job Degradation Then And Now, Robert J. Shiller

Cowles Foundation Discussion Papers

Concerns that technological progress degrades job opportunities have been expressed over much of the last two centuries by both professional economists and the general public. These concerns can be seen in narratives both in scholarly publications and in the news media. Part of the expressed concern about jobs has been about the potential for increased economic inequality. But another part of the concern has been about a perceived decline in job quality in terms of its effects on monotony vs creativity of work, individual sense of identity, power to act independently, and meaning of life. Public policy should take account …


Wages And Informality In Developing Countries, Costas Meghir, Renata Narita, Jean-Marc Robin Sep 2012

Wages And Informality In Developing Countries, Costas Meghir, Renata Narita, Jean-Marc Robin

Cowles Foundation Discussion Papers

It is often argued that informal labor markets in developing countries promote growth by reducing the impact of regulation. On the other hand informality may reduce the amount of social protection offered to workers. We extend the wage-posting framework of Burdett and Mortensen (1998) to allow heterogeneous firms to decide whether to locate in the formal or the informal sector, as well as set wages. Workers engage in both off the job and on the job search. We estimate the model using Brazilian micro data and evaluate the labor market and welfare effects of policies towards informality.


Unemployment And Liquidity Constraints, Vassilis A. Hajivassiliou, Yannis M. Ioannides Jan 1995

Unemployment And Liquidity Constraints, Vassilis A. Hajivassiliou, Yannis M. Ioannides

Cowles Foundation Discussion Papers

In this paper we propose a modelling approach for labor supply and consumption decisions that is firmly grounded within a utility maximizing framework and allows for a role of such institutional constraints as limited access to borrowing and involuntary unemployment. We report estimations for a system of dynamic probit models with data from the Panel Study of Income Dynamics. These estimations test broad predictions of the theoretical model. One of our models describes a household’s propensity to be liquidity constrained in a given period. The second is a dynamic ordered probit model for a labor constraint indicator describing qualitative aspects …


The Effect Of Economic Events On Votes For President: 1984 Update, Ray C. Fair Apr 1987

The Effect Of Economic Events On Votes For President: 1984 Update, Ray C. Fair

Cowles Foundation Discussion Papers

In previous work I have developed an equation explaining votes for president in the United States that seems to have a remarkable predictive ability. The purpose of this paper is to update this equation through the 1984 election and then use it to predict the 1988 election.