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Good Skills in Bad Times: Cyclical Skill Mismatch and the Long-Term Effects of Graduating in a Recession
mismatch business cycle graduation
2012/10/22
We show that cyclical skill mismatch, defined as mismatch between the skills supplied by college graduates and skills demanded by hiring industries, is an important mechanism behind persistent career ...
Recessions Are Bad for Workplace Safety
workplace accidents economic incentives cyclical fluctuations
2012/10/30
Workplace accidents are an important economic phenomenon. Yet, the pro-cyclical fluctuations in workplace accidents are not well understood. They could be related to fluctuations in effort and working...
Good and Bad Institutions: Is the Debate Over? Cross-Country Firm-Level Evidence from the Textile Industry
institutional quality production efficiency stochastic frontier model
2012/11/1
Using firm-level data from nine developing countries we demonstrate that (a) certain institutions like restrictive labour market regulations that are considered to be bad for economic growth might be ...
The most recent recession was milder than earlier postwar contractions, but many labor market measures did not improve until well after the official end of the downturn. This article focuses on demogr...
Because average wages are higher in manufacturing than in services, some observers view employment shifts to services as shifts from 'good' to 'bad' jobs. However, a deeper assessment reveals that, wi...
Why do Indian Children Work, and is it Bad for Them?
Child labour education fertility anthropometry household economics
2013/10/18
The causes and consequences of child labour are examined theoretically and empirically within a household decision framework, with endogenous fertility and mortality. The data come from a nationally r...