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Keywords:labor supply OR Labor supply OR Labor Supply 

Working Paper
Demographics and the Evolution of Global Imbalances

The age distribution evolves asymmetrically across countries, influencing relative saving rates and labor supply. Emerging economies experienced faster increases in working age shares than advanced economies did. Using a dynamic, multicountry model I quantify the effect of demographic changes on trade imbalances across 28 countries since 1970. Counterfactually holding demographics constant reduces net exports in emerging economies and boosts them in advanced economies. On average, a one percentage point increase in a country?s working age share, relative to the world, increases its ratio of ...
Globalization Institute Working Papers , Paper 332

Journal Article
The labor market in recession and recovery

Federal Reserve Bulletin , Issue Jul , Pages 477-488

Journal Article
Labor market effects of welfare reform

FRBSF Economic Letter

Journal Article
The binational importance of the maquiladora industry

Southwest Economy , Issue Nov , Pages 1-5

Working Paper
The effects of health, wealth, and wages on labor supply and retirement behavior

This paper analyzes the effects of wages and the Social Security System on labor supply over the life cycle. I present a model of labor supply and retirement behavior that includes a saving decision, uncertainty, and a non-negativity constraint on assets. Using data from the Panel Study of Income Dynamics, I estimate life cycle profiles for labor force participation rates, hours worked, and assets. Using the Method of Simulated Moments, I match the estimated profiles to profiles simulated by a dynamic structural model. Estimated parameters produce simulated profiles that match many aspects of ...
Working Paper Series , Paper WP-00-2

Working Paper
Consumption and Hours between the United States and France

We document large differences between the United States and France in allocations of consumption expenditures and time by age. Using a life-cycle model, we quantify to what extent tax and transfer programs and market and home productivity can account for the differences. We find that while labor efficiency by age and home-production productivity are crucial in accounting for the differences in the allocation of time, the consumption tax and social security are more important regarding allocation of expenditures. Adopting the U.S. consumption tax decreases welfare in France, and adopting the ...
FRB Atlanta Working Paper , Paper 2021-7

Journal Article
State of the union

Fedgazette , Volume 13 , Issue May , Pages 1

Working Paper
The demand for labor at the world's largest banking organizations

FRB Atlanta Working Paper , Paper 89-6

Working Paper
Labor hoarding and inventories

Labor hoarding is a widely believed empirical behavior of firms and a prominent explanation for procyclical labor productivity. Conventional wisdom attributes labor hoarding to labor adjustment costs. This paper argues that the conventional wisdom is inadequate for understanding labor hoarding because it ignores the role of inventories. Since idle labor can be used to produce inventories, why do firms hoard labor when inventory is an option? Using a dynamic rational expectations model of profit-maximizing firms facing demand uncertainty, this paper studies the dynamic interactions between ...
Working Papers , Paper 2005-040



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