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Author:Vandenbroucke, Guillaume 

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

Working Paper
Lifetime Work Hours and the Evolution of the Gender Wage Gap

The gender wage gap expanded from 1940 and 1975 but narrowed sharply from 1980 to 1995. We use the model introduced in Ben-Porath (1967) to assess the role of gender differences in life cycle profiles of market time in explaining the gender wage gap dynamics over the long run. Men’s profiles changed little across cohorts, but women’s profiles converged to those of men, and especially so in higher-paying occupations. We calibrate the model and find that the implied trends in unobserved investment in human capital accumulation account for most of the long run gender wage gap dynamics. The ...
Working Papers , Paper 2022-025

Has the Growth in the Price of Education Outpaced Overall Inflation?

Historically, the price of education, such as for tuition and books, has risen faster than overall inflation. But that hasn’t been the case in recent years.
On the Economy

Journal Article
Poor Countries Catching Rich Countries in Education, but Not Income

Rich countries have had higher levels of education for a long time, but poor countries are catching up. However, the increased education for poor countries hasn’t translated to catching up economically.
The Regional Economist , Volume 28 , Issue 2

Journal Article
Boomers Have Played a Role in Changes in Productivity

In this article, I hypothesize that the two slowdowns are related to a single, common factor: the baby boom, that period from 1946 to 1957 when the birth rate increased by 20 percent. This hypothesis is not to say that the baby boom was entirely responsible for these two episodes of low productivity growth. Rather, it is to point out the mechanism through which the baby boom contributed to both. Exactly how much did the baby boom contribute to these slowdowns? The answer to that question is beyond the scope of this article.
The Regional Economist , Volume 25 , Issue 4

Is the U.S. Looking Like Italy? Projections on COVID-19 Death Rates

After adjusting for population, daily coronavirus deaths are less in the U.S. than in Italy. However, the U.S. seems to be catching up with Italy on that metric.
On the Economy

Journal Article
Mortality and Economic Growth

Countries with higher economic growth had, on average, higher growth in their crude death rates.
Economic Synopses , Issue 30 , Pages 1-3

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