Equity, Diversity and Inclusion
Is the Philips curve still a useful tool?
Cross-state analysis of data on wages, prices, and the unemployment rate suggests that a tight labor market is associated with higher inflation.
Morgan Foy, a former communications assistant at the National
Bureau of Economic Research, is a doctoral student in economics at the University of California, Berkeley.
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Jobs and the Future of Work
The association between job-finding expectations and success
About 20 percent of unemployed Americans have been searching for a job for longer than 27 weeks. Known as the "long-term unemployed," these workers have lower job-finding rates than other...
Economic Growth
The association between job-finding expectations and success
Job-finding rates are lower for those who have been unemployed longer, but the long-term unemployed are still optimistic about their prospects.
Economic Growth
This is what links Germany's railway with economic success
Expansion of the network between larger and smaller cities reduced travel times by 13 minutes on average, and increased the number of commuters working in smaller cities while retaining h...
Education and Skills
Why married women who retire early are suffering from the gender gap
Women tend to marry men who are older and to retire at the same time as their husbands. This pattern contributes to a substantial gender gap in Social Security wealth.
Education and Skills
This is the difference moving from downtown to the suburbs can make
On average, a child who moved from downtown Chicago to the city's western suburbs at birth would earn almost 30 percent more than one who grew up downtown.