Search Results
Working Paper
Immigration and the Labor Market in the Post-Pandemic Recovery
Standard estimates based on the main household survey used to shed light on labor markets—the Current Population Survey (CPS)—suggest that after a significant drop during the pandemic, recent rapid growth has brought the foreign-born population back to, or above, levels predicted by the pre-pandemic trend. However, we document that the weighting factors used to make the CPS nationally representative have recently displayed some unusual movements and conclude that standard estimates of the foreign-born population may currently be too high. We also show that recent labor market indicators ...
Working Paper
Why are immigrants' incarceration rates so low? evidence on selective immigration, deterrence, and deportation
Much of the concern about immigration adversely affecting crime derives from the fact that immigrants tend to have characteristics in common with native born populations that are disproportionately incarcerated. This perception of a link between immigration and crime led to legislation in the 1990s increasing punishments toward criminal aliens. Despite the widespread perception of a link between immigration and crime, immigrants have much lower institutionalization (incarceration) rates than the native born. More recently arrived immigrants have the lowest comparative incarceration rates, and ...
Working Paper
Women's Colleges and Economics Major Choice: Evidence from Wellesley College Applicants
Many observers argue that diversity in Economics and STEM fields is critical, not simply because of egalitarian goals, but because who is in a field may shape what is studied by it. If increasing the rate of majoring in mathematically-intensive fields among women is a worthy goal, then understanding whether women’s colleges causally affect that choice is important. Among all admitted applicants to Wellesley College, enrollees are 7.2 percentage points (94%) more likely to receive an Economics degree than non-enrollees (a plausible lower bound given negative selection into enrollment on math ...
Discussion Paper
Using credit reporting agency data to assess the link between the Community Reinvestment Act and consumer credit outcomes
We use a regression discontinuity design to investigate the effect of the Community Reinvestment Act on consumer credit outcomes using data from the Federal Reserve Bank of New York?s Consumer Credit Panel database (Equifax data) for the years 2004 to 2012. A bank?s activities in census tracts with median family incomes less than 80 percent of the metropolitan statistical area (MSA) median family income count toward a lending institution?s compliance with CRA rules. Assuming census tracts with median incomes at 79.9 percent of the MSA median are the same as census tracts at 80 percent?except ...
Working Paper
The Impact of State Paid Leave Laws on Firms and Establishments: Evidence from the First Three States
We use the Longitudinal Business Database to examine the impact of state-level paid parental leave laws in California, New Jersey, and Rhode Island on firms. Our main estimation strategy uses multi-unit firms and compares within-firm changes in outcomes for establishments in treated and untreated states. We find that paid parental leave laws reduce employment in firms’ establishments in treated states. We investigate heterogeneity of the effects by pre-mandate share of workers in an industry that were women, and find that there is no systematic evidence that firms reduce employment more in ...
The Labor Market for Childcare Workers
Each day, millions of parents rely on childcare workers to care for their young children. The labor market for childcare workers determines the wages paid to these workers and affects the operating costs of childcare businesses as well as the price and availability of childcare. As part of our Spotlight on Childcare and the Labor Market—a targeted effort to understand how access to childcare can affect employment and the economy—we use several data sources to study the paid childcare labor market.1 We first describe who childcare workers are, how many there are, where they work, and how ...
Working Paper
Not working: demographic changes, policy changes, and the distribution of weeks (not) worked
From 1978 to 2000 the fraction of adult men in full-year non-employment increased from 17.1 to 21.6 percent. Previous research focused on the role of disability insurance policy and wage structure changes to explain this increase. Using Current Population Surveys from 1979 to 2003 we assess how much of the changes in full-year non-employment can be explained by demographic changes, possibly linked to health. With our empirical strategy we examine how 1978 to 2000 changes in demographic characteristics would have changed the distribution of weeks worked if policies and macroeconomic conditions ...
Newsletter
Job loss: causes, consequences, and policy responses
From 2001 to 2003, 5.3 million workers were displaced. Beyond quantifying the numbers of jobs lost lie important questions about gains and losses from these changes and what policies may affect them. These questions will be addressed at an upcoming Chicago Fed conference.
Journal Article
Economic perspectives on childhood obesity
Obesity rates in the U.S. have skyrocketed in the last 30 years. Among adults, obesity rates more than doubled from the early 1970s to the late 1990s. Children obesity rates nearly tripled over the same period. This article discusses why obesity is of interest from an economic perspective. It them examines changes in children's lives, particularly the increase in maternal employment, that may have contributed to increases in children's weight.
Journal Article
Childhood obesity: an issue for public health advocates, researchers, and community development practitioners
Obesity rates for U.S. children have risen precipitously over the past 20 years. According to data from the National Health and Nutrition Examination Surveys from 1999?2002, 15 percent of children on average, ages 2?19 are obese. With little evidence that individual weight loss programs can solve the problem, attention is increasingly turning to the environment in which children live, in an effort to understand both the causes of and potential solutions to childhood obesity. Drawing on recent research, this article provides an overview of childhood obesity trends from the 1970s to 2002, ...