Search Results
Journal Article
Long-term earnings losses of high-seniority displaced workers
Journal Article
Unemployment and wage growth: recent cross-state evidence
This article shows that even in recent years there is a relatively robust, negative cross-state correlation between appropriate measures of unemployment and wage growth.
Newsletter
Trends in real wage growth
Journal Article
Is retraining displaced workers a good investment?
Working Paper
A note on the estimation of linear regression models with Heteroskedastic measurement errors
I consider the estimation of linear regression models when the independent variables are measured with errors whose variances differ across observations, a situation that arises, for example, when the explanatory variables in a regression model are estimates of population parameters based on samples of varying sizes. Replacing the error variance that is assumed common to all observations in the standard errors-in-variables estimator by the mean measurement error variance yields a consistent estimator in the case of measurement error heteroskedasticity. However, another estimator, which I call ...
Working Paper
Manufacturing plants’ use of temporary workers: an analysis using census micro data
Using plant-level data from the Plant Capacity Utilization (PCU) Survey, we examine how a manufacturing plant?s use of temporary workers is associated with the nature of its output fluctuations. Our empirical evidence suggests that plants choose temps over perms when they expect output to fall, which allows them to avoid costs associated with laying off permanent employees. We also found that plants whose output levels are associated with greater levels of uncertainty use more temps. The effects of other variables are also tested in order to examine the validity of various views about why ...
Working Paper
Should we teach old dogs new tricks? the impact of community college retraining on older displaced workers
This paper estimates the returns to retraining for older displaced workers--those 35 or older--by estimating the impact that community college schooling has on their subsequent earnings. Our analysis relies on longitudinal administrative data covering workers who were displaced from jobs in Washington State during the first half of the 1990s and who subsequently remained attached to the state?s work force. Our database contains displaced workers' quarterly earnings records covering 14 years matched to the records of 25 of the state's community colleges. We find that older displaced workers ...