5期

最新文章

• Nominal wage rigidity and industry characteristics in the downturns of 1893, 1929, and 1981 AI翻译
  作者：Hanes, C
  作者单位：University of Mississippi
• Output fluctuations in the United States: What has changed since the early 1980's? AI翻译
  作者：McConnell, MM; Perez-Quiros, G
  作者单位：Federal Reserve System - USA; Federal Reserve Bank - New York; European Central Bank
• Schooling, labor-force quality, and the growth of nations AI翻译
  作者：Hanushek, EA; Kimko, DD
  作者单位：Stanford University; National Bureau of Economic Research
  摘要：Direct measures of labor-force quality from international mathematics and science test scores are strongly related to growth. Indirect specification tests are generally consistent with a causal link: direct spending on schools is unrelated to student performance differences; the estimated growth effects of improved labor-force quality hold when East Asian countries are excluded; and, finally, home-country quality differences of immigrants are directly related to U.S. earnings if the immigrants...
• Endogenous business cycles and the dynamics of output, hours, and consumption AI翻译
  作者：Schmitt-Grohé, S
  作者单位：Rutgers University System; Rutgers University New Brunswick; Center for Economic & Policy Research (CEPR)
  摘要：This paper studies the business-cycle fluctuations predicted by a two-sector endogenous-business-cycle model with sector-specific external increasing returns to scale. It focuses on aspects of actual fluctuations that have been identified both as defining features of business cycles and as ones standard real-business-cycle models cannot explain. For empirically realistic calibrations of the degree of returns to scale, the results suggest that endogenous fluctuations do not provide the dynamic ...
• A reconsideration of the twentieth century (vol 90, pg 327, 2000) AI翻译
  作者：Mundell, RA
  作者单位：Columbia University
• Minimum wages and employment: A case study of the fast-food industry in New Jersey and Pennsylvania: Reply AI翻译
  作者：Card, D; Krueger, AB
  作者单位：University of California System; University of California Berkeley; National Bureau of Economic Research; Princeton University
• The determinants of equilibrium unemployment AI翻译
  作者：Yashiv, E
  作者单位：Tel Aviv University
  摘要：The paper takes the search and matching model of the aggregate labor market to the data. It tests the model's empirical validity and employs structural estimation to generate a characterization of the optimal behavior of firms and workers. The model is applied to Israeli data that are uniquely suited for this kind of empirical investigation. The structural estimates are used to quantify the frictions embodied in the model, including the costs of search, the congestion and trading externality e...