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Journal Article
Dislocated worker ten-year follow up
Knox, Karen (2008-09)
On a snowy February day in 1996, company officials at Advance Transformer (Advance) in Platteville, Wisconsin, gathered their workforce together for an unexpected announcement. One of Platteville?s largest employers would be closing its doors permanently.
Profitwise , Issue Sep , Pages 11-14

Working Paper
Restructuring & worker displacement in the Midwest
Ballew, Paul D.; Schnorbus, Robert H.; Pemberton, Don (1994)
Working Paper Series, Regional Economic Issues , Paper 94-18

Journal Article
The decline in teen labor force participation
Sullivan, Daniel G.; Aaronson, Daniel; Park, Kyung-Hong (2006-01)
The authors examine the recent decline in teen work activity, offering explanations for both the long secular decline since the late 1970s and the recent acceleration in this decline since 2000. They argue that much of this pattern is due to a significant increase in the rewards to formal education. They also explore the importance of changes to labor demand, crowding out by substitutable workers, the increased work activity of mothers, and increases in wealth.
Economic Perspectives , Volume 30 , Issue Q I

Newsletter
Can sectoral labor reallocation explain the jobless recovery?
Rissman, Ellen R. (2003-12)
Chicago Fed Letter , Issue Dec

Working Paper
Cities and the growth of wages among young workers: evidence from the NLSY
Wheeler, Christopher H. (2005)
Human capital-based theories of cities suggest that large, economically diverse urban agglomerations increase worker productivity by increasing the rate at which individuals acquire skills. One largely unexplored implication of this theory is that workers in big cities should see faster growth in their earnings over time than comparable workers in smaller markets. This paper examines this implication using data on a sample of young male workers drawn from the National Longitudinal Survey of Youth 1979 Cohort. The results suggest that earnings growth does tend to be faster in large, ...
Working Papers , Paper 2005-055

Report
Propensity score matching, a distance-based measure of migration, and the wage growth of young men
Li, Xianghong; Ham, John C.; Reagan, Patricia (2005)
This paper estimates the effect of U.S. internal migration on real wage growth between the movers' first and second jobs. Our analysis of migration differs from previous research in three important aspects. First, we exploit the confidential geocoding in the National Longitudinal Surveys of Youth 1979 (NLSY79) to obtain a distance-based measure. Second, we let the effect of migration on wage growth differ by schooling level. Third, we use propensity score matching to measure the effect of migration on the wages of those who move. ; We develop an economic model and use it to (i) assess the ...
Staff Reports , Paper 212

Working Paper
Understanding the Long-Run Decline in Interstate Migration: Online Appendix
Schulhofer-Wohl, Sam; Kaplan, Greg (2015-06-01)
This appendix contains eight sections. Section 1 gives technical details of how we calculate standard errors in the CPS data. Section 2 discusses changes in the ACS procedures before 2005. Section 3 examines demographic and economic patterns in migration over the past two decades, in more detail than in the main paper. Section 4 examines the cross-sectional variance of location-occupation interactions in earnings when we define locations by MSAs instead of states. Section 5 describes alternative methods to estimate the variance of location-occupation interactions in income. Section 6 measures ...
Working Papers , Paper 725

Working Paper
Work from Home and Interstate Migration
Rubinton, Hannah; Bick, Alexander; Blandin, Adam; Mertens, Karel (2024-05-20)
Interstate migration by working-age adults in the US declined substantially during the Great Recession and remained subdued through 2019. We document that interstate migration rose sharply following the 2020 Covid-19 outbreak, nearly recovering to pre-Great recession levels, and provide evidence that this reversal was primarily driven by the rise in work from home (WFH). Before the pandemic, interstate migration by WFH workers was consistently 50% higher than for commuters. Since the Covid-19 outbreak, this migration gap persisted while the WFH share tripled. Using quasi-panel data and ...
Working Papers , Paper 2024-012

Journal Article
Gross job flows between plants and industries
Haltiwanger, John; Schuh, Scott (1999-03)
A remarkable feature of the current U.S. economic expansion has been its ability to shrug off the adverse effects of financial crises and economic slowdowns around the world for nearly two years. Recently, however, foreign-sector developments have triggered a sizable shift in the sectoral composition of U.S. employment. By early 1999, employment growth in the goods-producing sector was still humming along. Historically, substantial shifts in labor demand between sectors have been correlated with the business cycle. But recent developments are unusual and highlight our incomplete ...
New England Economic Review , Issue Mar , Pages 41-64

Working Paper
The Cross-Section of Labor Leverage and Equity Returns
Donangelo, Andres; Gourio, François; Kehrig, Matthias; Palacios, Miguel (2017-09-04)
Using a standard production model, we demonstrate theoretically that, even if labor is fully flexible, it generates a form of operating leverage if (a) wages are smoother than productivity and (b) the capital-labor elasticity of substitution is strictly less than one. Our model supports using labor share?the ratio of labor expenses to value added?as a proxy for labor leverage. We show evidence for conditions (a) and (b), and we demonstrate the economic significance of labor leverage: High labor-share firms have operating profits that are more sensitive to shocks, and they have higher expected ...
Working Paper Series , Paper WP-2017-22

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