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Blog
Real-Time Population Survey Suggests U.S. Job Losses Slowed in Early May
Mertens, Karel; Blandin, Adam; Bick, Alexander (2020-05-22)
Survey results for the week of May 10 suggest further declines in employment and an increase in unemployment relative to the week of April 26 – May 2, though both changes are within the survey’s margin of error.
Dallas Fed Economics

Blog
How Many Employees Are Prepared to Work from Home?
Gascon, Charles S.; Ebsim, Mahdi (2020-03-23)
Sorting workers by occupation and income helps shed light on who is more likely to be able to work remotely.
On the Economy

Dallas Fed’s Texas Jobs Estimates Provide Early, Accurate Assessment
Phillips, Keith R.; Abraham, Alexander T. (2019-05-16)
The Bureau of Labor Statistics annually revises regional job estimates in a process called benchmarking. A Federal Reserve Bank of Dallas adjustment provides researchers a more current means of assessing Texas economic conditions.
Dallas Fed Economics

Working Paper
Minimum wages and firm employment: evidence from China
Wang, Gewei; Loungani, Prakash; Huang, Yi (2014-04-01)
This paper studies how minimum wage policies affect firm employment in China using a unique county level minimum wage data set matched to disaggregated firm survey data. We investigate both the effect of imposing a minimum wage, and the effect of the policies that tightened enforcement in 2004. We find that the average effect of minimum wage changes is modest and positive, and that there is a detectable effect after enforcement reform. Firms have heterogeneous responses to minimum wage changes which can be accounted for by differences in their wage levels and profit margins: firms with high ...
Globalization Institute Working Papers , Paper 173

Why Human Capital Matters Why Human Capital Matters
Monge-Naranjo, Alexander (2020-10-13)
An economist at the St. Louis Fed discusses the growing importance of human capital in determining a nation’s income.
On the Economy

Large, Dominant Firms Depress Local Wages; Housing Costs Help Offset Lower Pay
Tracy, Joseph; Kahn, Matthew E. (2020-01-07)
Concern has increased about the ability of very large firms to exert market power and hold down wages in localities where they dominate.
Dallas Fed Economics

Working Paper
Revisiting the Role of Home Production in Life-Cycle Labor Supply
Faberman, R. Jason (2015-05-03)
This paper examines the role of home production in estimating life-cycle labor supply. I show that, consistent with previous studies, ignoring an individual?s time spent on home production when estimating the Frisch elasticity of labor supply biases its estimate downwards. I also show, however, that ignoring other ways a household can satisfy the demand for home production biases its estimate upwards. Changes in this demand over the life-cycle have an income effect on labor supply, but the effect can be mitigated through purchases in the market and through the home production of other ...
Working Paper Series , Paper WP-2015-2

Blog
Staff Pick: Declining Labor Share and U.S. Industries
Dvorkin, Maximiliano; Bharadwaj, Asha (2020-06-29)
In recent decades, the share of payments to labor have been trending down in several countries. Here are trends among U.S. industries.
On the Economy

Journal Article
Workers' Shrinking Share of the Pie
Mullin, John (2019)
Features: {{p}} Economists have advanced a wide variety of explanations for why workers' share of overall income has been going down
Econ Focus , Issue 2Q-3Q , Pages 14-17

Not Everything Is Bigger in Texas: The Varied Fortunes of Four Smaller Metros
Assanie, Laila; Orrenius, Pia M.; Weiss, Michael (2019-02-21)
While Texas’ major metropolitan areas power the bulk of the state’s commercial activity, some smaller metros have worked to establish their place as part of the state’s economic mosaic.
Dallas Fed Economics

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