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Full-Text Articles in Labor Economics

What Are Jobs Worth?, Joseph Persky, Daniel Felsenstein, Virginia Carlson Jul 2004

What Are Jobs Worth?, Joseph Persky, Daniel Felsenstein, Virginia Carlson

Employment Research Newsletter

No abstract provided.

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Does "Trickle Down" Work?: Economic Development Strategies And Job Chains In Local Labor Markets, Joseph Persky, Daniel Felsenstein, Virginia Carlson Jan 2004

Does "Trickle Down" Work?: Economic Development Strategies And Job Chains In Local Labor Markets, Joseph Persky, Daniel Felsenstein, Virginia Carlson

Upjohn Press

Persky, Felsenstein, and Carlson explore a new framework for evaluating state and local economic development efforts. They propose a method, referred to as the “job-chains approach,” that they say clarifies the potential justifications for economic development subsidies as well as the limitations surrounding these efforts. This innovative approach addresses not only the number of job vacancies created as a result of a subsidized business investment or expansion, but also the extent to which gains are achieved by the unemployed and the underemployed, whether skilled or unskilled.

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Group Wage Curves, Timothy J. Bartik Sep 2000

Group Wage Curves, Timothy J. Bartik

Upjohn Institute Working Papers

Using panel data on U.S. MSAs, this paper estimates how a typical MSA's wages of different demographic groups, and prices, are affected by overall MSA unemployment, the distribution of unemployment among different groups, and national prices and wages. MSA unemployment has strong effects on MSA wages and prices, but the distribution of unemployment among different groups has weak effects on wages and prices. Using these estimates, simulations show that targeting high-unemployment groups for unemployment reductions will not reduce wage or price inflation pressures. The estimates also show that the effects of MSA unemployment on prices and disadvantaged groups' wages are …

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The Phillips Curve In The 1990s, Hayden Smith Jan 2000

The Phillips Curve In The 1990s, Hayden Smith

University Avenue Undergraduate Journal of Economics

This paper will explore whether or not the Phillips curve relationship exists for the 1990s. I will attempt to estimate a Phillips curve for the past decade using data for the United States. In section two, I will explain the theory behind the Phillips curve and how the theory has evolved. In section three, I will present a literature review discussing previous research and results. Section four will present my empirical model and data. In section 5, I will present my results and discuss econometric problems such as serial correlation that may lead to biased estimates. In section six I …

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Promoting Self Employment Among The Unemployed In Hungary And Poland, Christopher J. O'Leary Feb 1999

Promoting Self Employment Among The Unemployed In Hungary And Poland, Christopher J. O'Leary

Upjohn Institute Working Papers

To evaluate the effectiveness of self-employment assistance to the unemployed in Hungary and Poland more than 5,500 follow-up interviews were conducted in early 1997 by employees of local labor offices with persons in self-employment participant and comparison group samples. Wide ranging differences were observed between the demographic composition of self-employment samples and the general population of unemployed. Program effects were therefore computed as net impact estimates controlling for systematic sample selection using observable characteristics including information on job search assistance from the employment service. While self-employment assistance yielded a favorable set of net impact estimates in both countries, there was …

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The Economics Of The Great Depression, Mark Wheeler Editor Jan 1998

The Economics Of The Great Depression, Mark Wheeler Editor

Upjohn Press

This book contributes to our understanding of the Great Depression's immediate and long-term impacts on the American economy. Editor Mark Wheeler has gathered six scholars from a range of subdisciplines within economics who, together, offer a diverse look at the Depression's effects on the nation's GDP, workers and labor markets, and monetary policy.

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Job Growth And The Quality Of Jobs In The U.S. Economy, Susan N. Houseman Aug 1995

Job Growth And The Quality Of Jobs In The U.S. Economy, Susan N. Houseman

Upjohn Institute Working Papers

During the 1980's employment grew rapidly in the United States, prompting many analysts to label the U.S. economy the great American job machine. But while aggregate employment increased rapidly during the 1980's, many did not benefit from the expansion. Among less educated prime-age males, unemployment rates rose and labor force participation rates declined sharply. Moreover, although job growth was high, many argued that the quality of American jobs as measured by wages, benefits, and job security deteriorated. The decline of jobs in the high-paying manufacturing sector and the growth of jobs in the low-paying services sector, the growth in part-time …

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Wage Flexibility And Unemployment Dynamics In Regional Labor Markets, Thomas Hyclak, Geraint Johnes Jan 1992

Wage Flexibility And Unemployment Dynamics In Regional Labor Markets, Thomas Hyclak, Geraint Johnes

Upjohn Press

Hyclak and Johnes explore the extent to which wage rigidity differs across regional labor markets in the U.S. and how it affects the unemployment response to shifts in regional aggregate demand. They also look at the determinants of differences in wage rigidity across regional labor markets.

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Recent Developments In The Theory Of Involuntary Unemployment, Carl Davidson Jan 1990

Recent Developments In The Theory Of Involuntary Unemployment, Carl Davidson

Upjohn Press

This monograph provides a relatively nontechnical summary of the prominent theories of unemployment that have emerged since 1960: search, disequilibrium, implicit contracts, efficiency wage, and insider/outsider models. Davidson focuses on the overall purpose of each line of research, reviewing selected articles on each of the theories. He then offers clear descriptions that make the topics readily accessible to both students and nonspecialists.

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Unemployment, Vacancies And Local Labor Markets, Harry J. Holzer Jan 1989

Unemployment, Vacancies And Local Labor Markets, Harry J. Holzer

Upjohn Press

Unemployment rates in the U.S. vary considerably over time and across local areas. Economists have long been concerned with explaining these variations and have attempted to distinguish various components of unemployment to explain these variations in rates. Holzer uses firm-level data on job vacancies, sales growth, and wages within and across a group of 28 local labor markets to examine these issues.

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The Conflict Between Equilibrium And Disequilibrium Theories: The Case Of The U.S. Labor Market, Richard E. Quandt, Harvey S. Rosen Jan 1988

The Conflict Between Equilibrium And Disequilibrium Theories: The Case Of The U.S. Labor Market, Richard E. Quandt, Harvey S. Rosen

Upjohn Press

A fundamental controversy in labor economics is whether unemployment is better viewed as an equilibrium or disequilibrium phenomenon. The authors contend that answers to policy problems related to unemployment will depend on which of the two characterizations of the labor market is accepted. They note the effects of inflation, taxes, and unionization on unemployment and describe those factors' effects on the equilibrium/disequilibrium question by presenting both equilibrium and disequilibrium models of the U.S. labor market.

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What Is The Effect Of Random Variation In State Unemployment Rates?, Edward W. Hill Dec 1987

What Is The Effect Of Random Variation In State Unemployment Rates?, Edward W. Hill

All Maxine Goodman Levin School of Urban Affairs Publications

Examines national Current Population Survey data to indicate the impact of sample size on the standard error of subpopulations in the sample and to show how these errors can influence policy conclusions. Examines the unemployment rate cross-sectionally for 11 states to demonstrate that the monthly unemployment rate should not be used to make fine distinctions between the states.

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Worker Dislocation: Case Studies Of Causes And Cures, Robert F. Cook Editor Jan 1987

Worker Dislocation: Case Studies Of Causes And Cures, Robert F. Cook Editor

Upjohn Press

This book describes various projects to assist dislocated workers under Title III of the JTPA, and offers lessons on what has and hasn't worked.

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Determinants Of Female Reentrant Unemployment, Ethel B. Jones Jan 1983

Determinants Of Female Reentrant Unemployment, Ethel B. Jones

Upjohn Press

Examines the extent that women undergo a spell of unemployment upon reentering the workforce, and the factors that influence such a spell.

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Unemployment Experience Of Individuals Over A Decade: Variations By Sex, Race And Age, Herbert S. Parnes Jan 1982

Unemployment Experience Of Individuals Over A Decade: Variations By Sex, Race And Age, Herbert S. Parnes

Upjohn Press

Uses NLS data to show that unemployment leads to lost earnings and long-term reductions in earning capacity.

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An Assessment Of The Validity Of The Unemployment Variable As A Determinant Of Changes In Money Wages In Wage-Estimation Models, James L. Jennings Mar 1972

An Assessment Of The Validity Of The Unemployment Variable As A Determinant Of Changes In Money Wages In Wage-Estimation Models, James L. Jennings

Economics Theses & Dissertations

No abstract.

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