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Articles 1 - 25 of 25
Full-Text Articles in Labor Economics
Impacts Of The Covid-19 Pandemic And The Cares Act On Earnings And Inequality, Guido Matias Cortes, Eliza C. Forsythe
Impacts Of The Covid-19 Pandemic And The Cares Act On Earnings And Inequality, Guido Matias Cortes, Eliza C. Forsythe
Employment Research Newsletter
No abstract provided.
Tax Credits For Child Care Increase Take-Up And May Help More Mothers Work, Gabrielle Pepin
Tax Credits For Child Care Increase Take-Up And May Help More Mothers Work, Gabrielle Pepin
Employment Research Newsletter
No abstract provided.
Scholarly Pursuits: Nationally Recognized Health Expert Tony Losasso Returns To Depaul
Scholarly Pursuits: Nationally Recognized Health Expert Tony Losasso Returns To Depaul
Business Exchange
DePaul business school alumnus Tony LoSasso returned to his alma mater to launch a DePaul MBA concentration in health care markets and analytics. He is nationally recognized expert in health economics, LoSasso teaches graduate and undergraduate health economics courses. His award-winning research spans several dimensions of health and labor economics, health policy and health services.
Affirmative Action And Mismatch: Evidence From Statewide Affirmative Action Bans, Leon Ren
Affirmative Action And Mismatch: Evidence From Statewide Affirmative Action Bans, Leon Ren
Undergraduate Economic Review
This paper empirically evaluates the mismatch hypothesis by exploiting the quasi-experimental variation in the adoption of statewide affirmative action bans. Specifically, this paper examines the effect of such bans on minority graduation rates using a difference-in-difference, synthetic control, and triple-difference approach. My results suggest that statewide affirmative action bans are associated with an increase in minority graduation rates, consistent with the mismatch hypothesis, at highly selective institutions. Moreover, mismatch effects are not confined to science, technology, engineering, and math (STEM) majors. JEL Codes: I28, J15
The United Kingdom's Corporate Bond Secondary Market Scheme (U.K. Gfc), Claire Simon
The United Kingdom's Corporate Bond Secondary Market Scheme (U.K. Gfc), Claire Simon
Journal of Financial Crises
In late 2008, at the height of the Global Financial Crisis, increased liquidity premia and risk aversion in the secondary market hindered companies’ ability to issue corporate bonds. In response, in January 2009, Her Majesty’s Treasury authorized the Bank of England to establish a facility to purchase commercial bonds through the Asset Purchase Facility. In March 2009, the Bank of England published details on the Corporate Bond Secondary Market Scheme, in conjunction with its quantitative easing program. Under the scheme, the Bank acted as a market maker of last resort in the secondary bond market, making regular purchases of a …
The Primary Dealer Credit Facility (Pdcf) (U.S. Gfc), Karen Yang
The Primary Dealer Credit Facility (Pdcf) (U.S. Gfc), Karen Yang
Journal of Financial Crises
On March 16, 2008, the Federal Reserve created the Primary Dealer Credit Facility, or PDCF, to provide overnight funding to primary dealers in the tri-party repurchase agreement (repo) market, where lenders had become increasingly risk averse. Loans were fully secured by (initially) investment-grade securities and offered at the primary credit rate by the Federal Reserve Bank of New York. The eligible collateral was significantly expanded in September 2008, after rumors of Lehman Brothers potentially filing for bankruptcy, to include all of the types of instruments that could be pledged at the two major tri-party repo clearing banks. The PDCF was …
Effects Of Minimum Wage Increase On Employment In Small And Medium-Sized Enterprises In Korea, Hyunah Kim
Effects Of Minimum Wage Increase On Employment In Small And Medium-Sized Enterprises In Korea, Hyunah Kim
Undergraduate Economic Review
In Korea, where SMEs dominantly provide most of the jobs in labor market, how SMEs respond to an increase in the minimum wage in terms of employment can be a critical factor of job provision in Korean labor market. This paper mainly examines the effect of the minimum wage increase on employment in SMEs in Korea by using a difference-in-differences methodology, and finds that raising the minimum wage has on average significantly reduced total employment in all sizes of SMEs relative to large enterprises. The finding in this paper suggests that raising the minimum wage rate may incur loss of …
Workforce Data (And Knowledge) Under Pressure, Joshua D. Hawley
Workforce Data (And Knowledge) Under Pressure, Joshua D. Hawley
Employment Research Newsletter
No abstract provided.
The Enduring Local Harm From Recessions, Brad J. Hershbein, Bryan A. Stuart
The Enduring Local Harm From Recessions, Brad J. Hershbein, Bryan A. Stuart
Employment Research Newsletter
No abstract provided.
Lessons Learned: A Conversation With Paul A. Volcker, Andrew Metrick, Rosalind Z. Wiggins, Kaleb B. Nygaard
Lessons Learned: A Conversation With Paul A. Volcker, Andrew Metrick, Rosalind Z. Wiggins, Kaleb B. Nygaard
Journal of Financial Crises
On March 26, 2019, Andrew Metrick, the Janet Yellen Professor of Finance at the Yale School of Management and Founder and Director of the Yale Program on Financial Stabilitysat down with Paul A. Volcker to discuss his perspectives on the Federal Reserve, central banking autonomy, “too big to fail,” and how his perspectives on these topics have changed over the decades.It turned out to be one of the last interviews given by the former Chairman of the Federal Reserve System who passed away on December 8, 2019, at the age of 92.
Made In The Usa: Technological Corporatism, Infrastructure Regulation, And Dupont 1902-1917, Roman Y. Shemakov
Made In The Usa: Technological Corporatism, Infrastructure Regulation, And Dupont 1902-1917, Roman Y. Shemakov
Swarthmore Undergraduate History Journal
The turn of the twentieth century radically renewed industrial organization across the United States. Early American corporations -- centralized manufacturing hubs with journeymen and apprentices laboring under one roof -- were seldom prepared for the transformations that scientific management and structural reorganization would bring to social relations. At the helm of World War 1, DuPont became the epitome of broader national restructuring. Through a close relationship with American military industries and legislatures, the DuPont brothers came to represent Business as an inseparable component of the State. While labor historiography has primarily focused on organizers’ relationship with regulators, important segments of …
Effect Of Unemployment Length On Employment Expectations, Kamyar Kamyar
Effect Of Unemployment Length On Employment Expectations, Kamyar Kamyar
Undergraduate Economic Review
Unemployment often has devastating effects on individuals -- both in financial and psychological terms. Depending on the type and category of unemployment, its length varies; and as its length increases it may implement biased thought in individuals’ predictions regarding future employment. This paper’s primary purpose is to measure and discuss how the time length that one has been unemployed for affects his or her expectations on his or her own short-term possibility of employment. The results suggest a strong opposite link between one’s prediction of future employment and the same person’s prior unemployment period. This paper was originally written in …
Coronavirus And The Economy: Repurposing Production, Helping The Needy, Saving Businesses, And Encouraging Job Preservation, Timothy J. Bartik, Brad J. Hershbein
Coronavirus And The Economy: Repurposing Production, Helping The Needy, Saving Businesses, And Encouraging Job Preservation, Timothy J. Bartik, Brad J. Hershbein
Employment Research Newsletter
No abstract provided.
Disaster Unemployment Assistance Would Help Gig, Contract, Self-Employed Workers Affected By Covid-19, Stephen A. Woodbury
Disaster Unemployment Assistance Would Help Gig, Contract, Self-Employed Workers Affected By Covid-19, Stephen A. Woodbury
Employment Research Newsletter
No abstract provided.
An Unemployment Insurance Covid-19 Crisis Response, Stephen A. Wandner, Christopher J. O'Leary
An Unemployment Insurance Covid-19 Crisis Response, Stephen A. Wandner, Christopher J. O'Leary
Employment Research Newsletter
No abstract provided.
Effects Of Relative Position On Success In Dancing Competitions - Lessons For Discrimination In Recruitment Processes, Jan P. Ringling
Effects Of Relative Position On Success In Dancing Competitions - Lessons For Discrimination In Recruitment Processes, Jan P. Ringling
Undergraduate Economic Review
This article argues that there exists a further reason for discrimination beside taste and statistics, based on cognitive bias in the human thought process. The order in which one appears to recruiters in the hiring process also influences the chances of being hired in a non-linear way. When the characteristics of particular groups of people correlate with their order in which they appear in the hiring process, they stand a higher or lower chance of being hired. Preliminary evidence based on the results of the United Kingdom’s largest student dancing competition supports this hypothesis, but finds only a …
Pension Fund, Financial Development And Output Growth In Nigeria, Iwegbu Onyebuchi
Pension Fund, Financial Development And Output Growth In Nigeria, Iwegbu Onyebuchi
Bullion
This study examines the indirect effect of pension fund on economic growth in Nigeria through the financial system. Using Autoregressive Distributive Lag (ARDL) model, the study found out that pension fund contribution is effective in stimulating growth through investment in portfolios that yield short term returns; this implies that pension fund contribution cannot on its own without a credible financial system impact on economic growth. The policy implication of this study is for Pension Fund Administrators (PFAs) to invest in portfolios with short-term returns; thus, a large chunk of funds invested in federal government securities should be unbundled to other …
Poverty And Labor Force Participation Across Metropolitan Philadelphia, Zachary J. Porreca
Poverty And Labor Force Participation Across Metropolitan Philadelphia, Zachary J. Porreca
Undergraduate Economic Review
This study utilizes data drawn from municipalities across the Philadelphia metropolitan area to examine trends in poverty amongst communities.While some research has been done on urban and rural poverty, this paper seeks to fill the gap in literature regarding poverty across the subksnurban and metropolitan landscape. A multiple regression model is specified, so as to provide an in depth analysis of observed trends. The central hypothesis that a relationship exists between poverty and labor force participation is tested and affirmed. The implication of this finding, as well as auxiliary findings, are explored and expanded upon. Recommendations are made for more …
Service With A Smile: How Organizational Injustice Impacts Emotional Labor, Valeriya Shapoval
Service With A Smile: How Organizational Injustice Impacts Emotional Labor, Valeriya Shapoval
Rosen Research Review
In the hospitality industry, where staff are expected to always deliver "service with a smile," organizational injustice can affect staff wellbeing and create emotional dissonance, preventing them from delivering high quality service. Dr. Valeriya Shapoval from Rosen College of Hospitality Management has documented the relationship between organizational injustice and emotional labor. Her work proposes solutions that hotel managers can implement to support their staff in achieving brand success.
Effects Of Unemployment Insurance Reforms In Brazil, Christopher J. O'Leary, Túlio Cravo, Ana Cristina Sierra, Leandro Justino Veloso
Effects Of Unemployment Insurance Reforms In Brazil, Christopher J. O'Leary, Túlio Cravo, Ana Cristina Sierra, Leandro Justino Veloso
Employment Research Newsletter
No abstract provided.
Supply Shock Versus Demand Shock: The Local Effects Of New Housing In Low-Income Areas, Brian J. Asquith, Evan Mast, Davin Reed
Supply Shock Versus Demand Shock: The Local Effects Of New Housing In Low-Income Areas, Brian J. Asquith, Evan Mast, Davin Reed
Employment Research Newsletter
No abstract provided.
Returns To Technical And Vocational Education And Training: Evidence From Zambia, Maka B. Tounkara, Chrispin Mphuka, Oliver Kaonga, Bona Chitah
Returns To Technical And Vocational Education And Training: Evidence From Zambia, Maka B. Tounkara, Chrispin Mphuka, Oliver Kaonga, Bona Chitah
Zambia Social Science Journal
The study seeks to investigate the returns to technical and vocational education and training (TVET) in Zambia using the 2014 Labour Force Survey (LFS). We adopt the modified Mincerian model and the fixed effects approach. We find that individuals who possessed TVET skills with certification, regardless of their gender or their place of residence, significantly earned more than their counterparts in wage employment without any TVET skills. We also find that males with vocational skills with certification significantly earned more than their female counterparts with the same TVET skills with certification, a sign of labour market discriminatory bias by employers. …
Institutional Challenges To Workforce Development In Maine, Thomas Remington
Institutional Challenges To Workforce Development In Maine, Thomas Remington
Maine Policy Review
The problem of workforce development in Maine has become acute. An important factor for understanding the issue of workforce development, in Maine and nationally, is rising economic inequality. High inequality impedes the working of labor markets, and over time, reduces opportunity and mobility. In Maine, as elsewhere, income gaps have widened between rich and poor while the middle class has been shrinking. Moreover, the gap between high-income and low-income counties has been growing. Meantime, many good-paying jobs are going unfilled. Comprehensive institutional solutions can help overcome these problems by matching supply and demand in the labor market, but they are …
Pengaruh Pekerja Keluarga Dan Peran Inovasi Terhadap Produktivitas Usaha Di Indonesia, Subhan Fikri Lubis, Andi Fahmi Lubis
Pengaruh Pekerja Keluarga Dan Peran Inovasi Terhadap Produktivitas Usaha Di Indonesia, Subhan Fikri Lubis, Andi Fahmi Lubis
Jurnal Ekonomi dan Pembangunan Indonesia
The purpose of this study is to estimate the influence of family involvement through business ownership (own capital) and the involvement of family members (family workers) in companies/micro and small enterprises in Indonesia on the productivity of their business. Based on previous studies, family involvement can decrease and increase productivity. With relatively small capital, less qualified workforce and low technology productivity of micro and small industries that employ family members within the company will tend to be lower because they will be more avoiding risky changes. The role of innovation can be proven as moderate in the research is expected …
Gender Gap Pada Tingkat Partisipasi Kerja Di Provinsi Dki Jakarta, Azwar Anas, Maria Goreti Arie Damayanti
Gender Gap Pada Tingkat Partisipasi Kerja Di Provinsi Dki Jakarta, Azwar Anas, Maria Goreti Arie Damayanti
Jurnal Ekonomi dan Pembangunan Indonesia
This research aims to decompose the employment participation rate to explain gender gap in DKI Jakarta Province in three periods (1995, 2005, and 2015). Determinant of employment participation rate of men and women was estimated by probit regression model and marginal effect. Non-linear decomposition technique used to analyze the source of gender gap. The results show that the main cause of gender gap comes from structural factors in the labor market (discrimination). The value of the gender gap in 20 years has decreased, in 1995, 2005, and 2015 it was 40,82%; 39,17%; and 29,34% respectively. It shows that the discrimnination …