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Author:Vandenbroucke, Guillaume 

Working Paper
A quantitative analysis of China’s structural transformation

Between 1978 and 2003 the Chinese economy experienced a remarkable 5.7 percent annual growth of GDP per labor. At the same time, there has been a noticeable transformation of the economy: the share of workers in agriculture decreased from over 70 percent to less than 50 percent. We distinguish three sectors: private agriculture and nonagriculture and public nonagriculture. A growth accounting exercise reveals that the main source of growth was TFP in the private nonagricultural sector. The reallocation of labor from agriculture to nonagriculture accounted for 1.9 percent out of the 5.7 ...
Working Paper Series , Paper 2006-37

Journal Article
Perspectives on U.S. Media Coverage of the COVID-19 Pandemic

How have the U.S. media covered the evolution of COVID-19? This article discusses a working paper about media negativity during the pandemic.
The Regional Economist

COVID-19: Projected Deaths in the U.S.

This post documents COVID-19-related deaths in a few countries and uses those data to provide projections for the U.S.
On the Economy

The Earnings Premium for U.S. Veterans

An analysis of 2019 data suggests that female veterans and male veterans have earnings premiums of 5.9% and 4.1%, respectively, relative to their nonveteran peers.
On the Economy

Conference Paper
The baby boom and baby bust: some macroeconomics for population economics

What caused the baby boom? And, can it be explained within the context of the secular decline in fertility that has occurred over the last 200 years? The hypothesis is that: (i) The secular decline in fertility is due to the relentless rise in real wages that increased the opportunity cost of having children. (ii) The baby boom is explained by an atypical burst of technological progress in the household sector that occurred in the middle of the last century. This lowered the cost of having children. A model is developed in an attempt to account, quantitatively, for both the baby boom and bust.
Proceedings , Issue Nov

Journal Article
The Association Between Poverty and Mortality

The world’s population is increasing mostly in poor countries as a result of both reduced mortality and relatively high fertility.
Economic Synopses , Issue 26 , Pages 1-2

Journal Article
The COVID-19 New Business Boom

Business applications increased across all sectors in the 12 months after February 2020, but the retail trade sector saw the largest increase.
Economic Synopses , Issue 6 , Pages 1-2

Journal Article
Worker Diversity and Wage Growth Since 1940

Since 1940 the average worker has become older, more educated, more likely to be a woman, less likely to be White, and slightly less likely to be single. How has this evolution of the average worker affected wage growth, that is, the wage of the average worker? We conduct two sets of experiments: First, we decompose wage growth between a “growth effect” and a “distribution effect.” The former measures the effect of a change in the wage function, associating wages with worker types; the latter measures the effect of the changing distribution of worker types. Both effects contribute ...
Review , Volume 102 , Issue 1 , Pages 1-18

Journal Article
Mixing the Melting Pot: The Impact of Immigration on Labor Markets

Some people argue that immigrants make life harder for workers who are already U.S. citizens. But the data don?t show much of a correlation between immigration and the unemployment rate or between immigration and wages.
The Regional Economist , Volume 25 , Issue 1

The State of COVID-19 around the Eighth District

What have COVID-19 trends in cases and deaths looked like in the largest MSAs in the District?
On the Economy

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