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Journal Article
Accounting for Discouraged Workers in the Unemployment Rate
We construct a new measure of the unemployment rate based on a plausible assumption that some, but not all, of the discouraged workers reenter the labor force.
Journal Article
Why was the decline in U.S. trade larger this time? a global view
The decline in U.S. trade during the Great Recession was worse than during previous recessions. But the difference was not merely due to the severity of the U.S. recession.
Journal Article
Discouraged workers: what do we know?
The number of discouraged workers is small relative to the rest of the working-age population, and most discouraged workers do not stay in that category too long.
Journal Article
Labor Compensation and Labor Productivity: Recent Recoveries and the Long-Term Trend
The widening gap between labor productivity and compensation is not unique to the current recovery.
Journal Article
Have Labor Costs Slowed the Recovery?
Labor costs after 2009 grew more slowly than labor costs after 2001.