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Articles 661 - 690 of 1455
Full-Text Articles in Economics
Short-Time Compensation As A Tool To Mitigate Job Loss? Evidence On The U.S. Experience During The Recent Recession, Katharine G. Abraham, Susan N. Houseman
Short-Time Compensation As A Tool To Mitigate Job Loss? Evidence On The U.S. Experience During The Recent Recession, Katharine G. Abraham, Susan N. Houseman
Upjohn Institute Working Papers
During the recent recession only 17 states offered short-time compensation (STC)—pro-rated unemployment benefits for workers whose hours are reduced for economic reasons. New federal legislation will encourage the expansion of STC. Exploiting cross-state variation in STC, we present new evidence indicating that jobs saved during the recession as a consequence of STC could have been significant in manufacturing, but that the overall scale of the STC program was generally too small to have substantially mitigated aggregate job losses in the 17 states. Expansion of the program is necessary for STC to be an effective counter-cyclical tool in the future.
North Carolina's Unemployment Insurance System: A Simulation And Policy Analysis, Christopher J. O'Leary, James Van Erden
North Carolina's Unemployment Insurance System: A Simulation And Policy Analysis, Christopher J. O'Leary, James Van Erden
Reports
The W.E. Upjohn Institute for Employment Research (Upjohn) in partnership with the Center for Employment Security Education and Research (CESER) in the National Association of State Workforce Agencies (NASWA) has been contracted by the North Carolina Department of Commerce (Department) to develop options for improving the North Carolina unemployment insurance (UI) benefit financing system. The work will also review alternative financial management strategies to regain and maintain solvency of the North Carolina account in the Unemployment Trust Fund (UTF) and to service debt to the federal government under Title XII of the US Social Security Act.
Michigan's Auto Workers: Tracking Their Transition During Significant Industry Restructuring, Randall W. Eberts
Michigan's Auto Workers: Tracking Their Transition During Significant Industry Restructuring, Randall W. Eberts
Conference Papers
No abstract provided.
Michigan's Displaced Auto Workers: Using Administrative Data To Track Their Transition During Significant Industry Restructuring, Randall W. Eberts
Michigan's Displaced Auto Workers: Using Administrative Data To Track Their Transition During Significant Industry Restructuring, Randall W. Eberts
Conference Papers
No abstract provided.
Tracking The Transition Of Michigan's Displaced Auto Workers During Significant Restructuring In The Auto Industry, Randall W. Eberts, Kenneth J. Kline
Tracking The Transition Of Michigan's Displaced Auto Workers During Significant Restructuring In The Auto Industry, Randall W. Eberts, Kenneth J. Kline
Reports
No abstract provided.
Partial Disability System And Labor Market Adjustment: The Case Of Spain, Jose I. Silva, Judit Vall-Castello
Partial Disability System And Labor Market Adjustment: The Case Of Spain, Jose I. Silva, Judit Vall-Castello
Upjohn Institute Working Papers
Although partially disabled individuals in Spain are allowed to combine the receipt of disability benefits with a job, the empirical evidence shows that employment rates for this group of individuals are very low. Therefore, in this paper we construct labor market model with search intensity and matching frictions in order to identify the incentives and disincentives to work provided by the partial disability system in Spain from the point of view of both disabled individuals and employers. According to the model, the high employment rate gap observed between nondisabled and disabled workers can be partially explained by the presence of …
State Incentives For Innovation, Star Scientists, And Jobs: Evidence From Biotech, Enrico Moretti, Daniel J. Wilson
State Incentives For Innovation, Star Scientists, And Jobs: Evidence From Biotech, Enrico Moretti, Daniel J. Wilson
Upjohn Institute Working Papers
We evaluate the effects of state-provided financial incentives for biotech companies, which are part of a growing trend of placed-based policies designed to spur innovation clusters. We estimate that the adoption of subsidies for biotech employers by a state raises the number of star biotech scientists in that state by about 15 percent over a three-year period. A 10 percent decline in the user cost of capital induced by an increase in R&D tax incentives raises the number of stars by 22 percent. Most of the gains are due to the relocation of star scientists to adopting states, with limited …
Expenditure, Confidence, And Uncertainty: Identifying Shocks To Consumer Confidence Using Daily Data, Marta Lachowska
Expenditure, Confidence, And Uncertainty: Identifying Shocks To Consumer Confidence Using Daily Data, Marta Lachowska
Upjohn Institute Working Papers
The importance of consumer confidence in stimulating economic activity is a disputed issue in macroeconomics. Do changes in confidence represent autonomous fluctuations in optimism, independent of information on economic fundamentals, or are they a reflection of economic news? I study this question by using high-frequency microdata on spending and consumer confidence, and I find that consumer confidence contains information relevant to predicting spending, independent from other indicators. The exogenous movements in consumer confidence lead to very short fluctuations in consumer spending, consistent with the hypothesis that more consumer confidence reflects less uncertainty about the future.
Predictors Of Employment Growth And Unemployment In U.S. Central Cities, 1990-2010, Laura Wolf-Powers
Predictors Of Employment Growth And Unemployment In U.S. Central Cities, 1990-2010, Laura Wolf-Powers
Upjohn Institute Working Papers
This paper considers employment growth and unemployment from 1990-2010 in a cross-section of cities in light of practical tools that city governments have at their disposal to provide relief. In particular, I test educational attainment (both initial levels and growth over time) and public capital investment as influences on job growth and changes in unemployment rates in 83 central cities in the United States. Change in educational attainment over time is suggestive of causing higher job growth and lower unemployment. The implication is that initiatives to attract and retain college-educated professionals and investments in increasing college attainment among incumbent residents …
The Impacts Of Macomb Community College On The Economy Of Macomb County, George A. Erickcek, Kevin Hollenbeck
The Impacts Of Macomb Community College On The Economy Of Macomb County, George A. Erickcek, Kevin Hollenbeck
Reports
No abstract provided.
Identification Of The Common Salient Characteristics Of Successful Intergovernmental Cooperation And Consolidation Of Governmental Services In Kent County, George A. Erickcek, Brad R. Watts
Identification Of The Common Salient Characteristics Of Successful Intergovernmental Cooperation And Consolidation Of Governmental Services In Kent County, George A. Erickcek, Brad R. Watts
Reports
No abstract provided.
Employment Relations And Wages: What Can We Learn From Subjective Assessments?, Marta Lachowska
Employment Relations And Wages: What Can We Learn From Subjective Assessments?, Marta Lachowska
Upjohn Institute Working Papers
This paper studies the link between hourly wages and workers’ subjective assessments of how easy it would be to find another job as good as the present one, and how easy it would be for an employer to replace an employee. First, using high-quality data, I study the correlates of these two assessments. Second, I study whether respondents who report better outside opportunities and respondents who think they are difficult to replace receive higher wages. The results appear to be consistent with predictions of at least three theoretical frameworks: human capital theory, search theory, and a “locus of control” model.
Regionalism, Networks, And Partnerships: A Leadership Approach To Economic Development, George A. Erickcek, Brad Watts, Claudette Robey, Jim Robey
Regionalism, Networks, And Partnerships: A Leadership Approach To Economic Development, George A. Erickcek, Brad Watts, Claudette Robey, Jim Robey
Presentations
No abstract provided.
Economic And Fiscal Impact Of The Proposed South Haven Community Event Center, George A. Erickcek
Economic And Fiscal Impact Of The Proposed South Haven Community Event Center, George A. Erickcek
Reports
No abstract provided.
Talent 2025 Update Brief: Regional Workforce Demand And System Flows, George A. Erickcek, Brian Pittelko, Bridget Timmeney, Brad R. Watts
Talent 2025 Update Brief: Regional Workforce Demand And System Flows, George A. Erickcek, Brian Pittelko, Bridget Timmeney, Brad R. Watts
Reports
No abstract provided.
Do Minimum Wage Laws Affect People Who Are Not Covered? Evidence From Documented And Undocumented, Hourly And Piece Rate Workers In U.S. Agriculture, Anita Alves Pena
Do Minimum Wage Laws Affect People Who Are Not Covered? Evidence From Documented And Undocumented, Hourly And Piece Rate Workers In U.S. Agriculture, Anita Alves Pena
Upjohn Institute Working Papers
While a stated goal of minimum wage increases is to benefit low-income workers, some employers are not obligated to provide at least minimum wages to all employees. U.S. farm employers comprise one of these groups. Employees of large farms and H2-A workers (temporary nonimmigrant workers lawfully admitted to perform temporary or seasonal agricultural services) are protected by minimum wage legislation, while other migrant workers (especially those who are paid piece rate) are exempt. Furthermore, U.S. agriculture is characterized by a large percentage of illegal migrants, and workers who are illegal may or may not receive wages above minimum levels. This …
Responding To The Needs Of Workers During The Great Recession, Randall W. Eberts, Stephen A. Wandner
Responding To The Needs Of Workers During The Great Recession, Randall W. Eberts, Stephen A. Wandner
Employment Research Newsletter
No abstract provided.
How Do We Know Occupational Labor Shortages Exist?, Burt S. Barnow, John Trutko, Jaclyn Schede Piatak
How Do We Know Occupational Labor Shortages Exist?, Burt S. Barnow, John Trutko, Jaclyn Schede Piatak
Employment Research Newsletter
No abstract provided.
Say Pays! Shareholder Voice And Firm Performance, Maria Guadalupe, Vicente Cuñat, Mireia Gine
Say Pays! Shareholder Voice And Firm Performance, Maria Guadalupe, Vicente Cuñat, Mireia Gine
Upjohn Institute Policy Papers
This paper estimates the effect of increasing shareholder “voice” in corporations through a new governance rule that provides shareholders with a regular vote on pay: Say on Pay. We apply a regression discontinuity design to Say on Pay shareholder proposals to deal with prior expectations and the endogeneity of internal governance rules. Adopting Say on Pay leads to large increases in market value (5.4 percent), firm profitability, and long-term performance. In contrast, we find small effects on the level and structure of pay. This suggests that Say on Pay operates as a regular confidence vote, increasing efficiency, and market value.
Social Costs Of Jobs Lost Due To Environmental Regulations, Timothy J. Bartik
Social Costs Of Jobs Lost Due To Environmental Regulations, Timothy J. Bartik
Upjohn Institute Working Papers
This paper estimates the social costs of job loss due to environmental regulation. Per job lost, potential social costs of job loss are high, plausibly over $100,000 in present value costs (2012 dollars) per permanently lost job. However, these social costs will typically be far less than the earnings associated with lost jobs, because labor markets and workers adjust, increased leisure has some value, and employers benefit from wage reductions. A plausible range for social costs is 8–32 percent of the associated earnings of the lost jobs. Social costs will be higher for older workers, high-wage jobs, and in high …
The Impact Of The Kalamazoo Promise On College Choice: An Analysis Of Kalamazoo Area Math And Science Center Graduates, Michelle Miller-Adams, Bridget Timmeney
The Impact Of The Kalamazoo Promise On College Choice: An Analysis Of Kalamazoo Area Math And Science Center Graduates, Michelle Miller-Adams, Bridget Timmeney
Upjohn Institute Policy Papers
The Kalamazoo Promise has led to a pronounced shift in the college-going patterns of Kalamazoo Public Schools (KPS) students who attend the Kalamazoo Area Math and Science Center (KAMSC). Following the introduction of the Kalamazoo Promise in 2005, the percentage of KPS KAMSC students attending public, in-state institutions of higher education has almost doubled—a shift that reflects the program rules of the Promise, which covers tuition and fees only at public postsecondary institutions in Michigan. The percentage of non-KPS KAMSC students attending an in-state, public institution also rose in the post-2006 period but only very slightly, suggesting that the Promise …
Family Income, Student Achievement, And Educational Costs, Timothy J. Bartik
Family Income, Student Achievement, And Educational Costs, Timothy J. Bartik
Presentations
No abstract provided.
The Impact Of Financialization On Management And Employment Outcomes, Rosemary L. Batt, Eileen Appelbaum
The Impact Of Financialization On Management And Employment Outcomes, Rosemary L. Batt, Eileen Appelbaum
Upjohn Institute Working Papers
This paper examines three questions: 1) How and why have financial models of doing business emerged in the last three decades? 2) What new forms of financial capitalism have become important in the current period? 3) How do new financial intermediaries, such as private equity, and the financial strategies of nonfinancial corporations affect the management of companies and employment outcomes? The paper describes how deregulation and institutional change created the conditions for a new, more powerful role for finance capital in the governance of U.S. companies, and it synthesizes the empirical evidence on the process and outcomes of financialization in …
U.S. Employment Outlook For 2013, Randall W. Eberts
U.S. Employment Outlook For 2013, Randall W. Eberts
Periodical Articles
No abstract provided.
Stages Of Occupational Regulation: Analysis Of Case Studies, Morris M. Kleiner
Stages Of Occupational Regulation: Analysis Of Case Studies, Morris M. Kleiner
Upjohn Press
Kleiner examines occupations that are at various stages of regulation to determine to what extent regulation has influenced the individuals in the occupations, consumers, and related occupational practitioners.
Occupational Labor Shortages : Concepts, Causes, Consequences, And Cures, Burt S. Barnow, John Trutko, Jaclyn Schede Piatak
Occupational Labor Shortages : Concepts, Causes, Consequences, And Cures, Burt S. Barnow, John Trutko, Jaclyn Schede Piatak
Upjohn Press
There has long been concern that shortages sometimes develop and persist in specific occupations, leading to inefficiencies in the U.S. economy. This book will help readers understand why occupational shortages arise, how to know a shortage when it is present, and to assess strategies to alleviate the shortage. As the authors show, many economists, including several U.S. Nobel Prize winners, have studied occupational shortages, and this volume builds on their work.
Tackling Unemployment: The Legislative Dynamics Of The Employment Act Of 1946, Ruth Ellen Wasem
Tackling Unemployment: The Legislative Dynamics Of The Employment Act Of 1946, Ruth Ellen Wasem
Upjohn Press
Wasem examines the impacts and implications of the Employment Act of 1946 and discusses how provisions of the Act might be useful for today's policymakers.
The American Recovery And Reinvestment Act: The Role Of Workforce Programs, Burt S. Barnow Editor, Richard A. Hobbie Editor
The American Recovery And Reinvestment Act: The Role Of Workforce Programs, Burt S. Barnow Editor, Richard A. Hobbie Editor
Upjohn Press
This book examines the nature of the workforce development and UI policy decisions made nationwide in response to the recession, state and local administrators’ perspectives on the policy developments and economic challenges, and implementation of key Recovery Act provisions, with a particular focus on workforce development initiatives in the Recovery Act.
Economic And Psychological Consequences Of Long-Term Unemployment, Lauren D. Appelbaum
Economic And Psychological Consequences Of Long-Term Unemployment, Lauren D. Appelbaum
Employment Research Newsletter
No abstract provided.
Worker Signals Among New College Graduates: The Role Of Selectivity And Gpa, Brad J. Hershbein
Worker Signals Among New College Graduates: The Role Of Selectivity And Gpa, Brad J. Hershbein
Upjohn Institute Working Papers
Recent studies have found a large earnings premium to attending a more selective college, but the mechanisms underlying this premium have received little attention and remain unclear. In order to shed light on this question, I develop a multidimensional signaling model relying on college grades and selectivity that rationalizes students’ choices of effort and firms’ wage-setting behavior. The model is then used to produce predictions of how the interaction of the signals should be related to wages, namely that the return on college GPA should fall the more selective the institution attended. Using five data sets that span the early …