Search Results
Journal Article
Has Japan been left out in the cold by regional integration?
Despite the ongoing worldwide trend toward regional integration, Japan has remained outside of all regional trading agreements. Because more than 60 percent of Japan?s trade is with countries that are members of a major regional bloc, this reluctance may have had significant effects on its pattern and volume of trade. Indeed, the author finds that Japan?s exports have been reduced by the integration of its trading partners, and that this effect has been fairly uniform across integration regimes. The author also finds that regional trading agreements have tended to have a much more negative ...
Journal Article
The effects of recessions across demographic groups
The burdens of a recession are not spread evenly across demographic groups. As the public and media noticed, from the start of the current recession in December 2007 through June 2009 men accounted for more than three-quarters of net job losses. Other differences have garnered less attention but are just as interesting. During the same period, the employment of single people fell at more than twice the rate that it did for married people and the decline for black workers was one and a half times that for white workers. To provide a more complete understanding of the effect of recessions, this ...
Journal Article
Now and forever NAFTA
U.S. exports have been booming since the passage of the North American Free Trade Agreement. But is the story the same for every state?
Journal Article
To bear, or not to bear: is that an economics question?
Weighing the costs vs. the benefits of having children may seem like a cold-blooded exercise. Yet such an analysis can help us understand not only such private decisions but public policies, too.
Journal Article
Recessions, expansions and black employment
Working Paper
Where is an oil shock?
Much of the literature examining the effects of oil shocks asks the question ?What is an oil shock?? and has concluded that oil-price increases are asymmetric in their effects on the US economy. That is, sharp increases in oil prices affect economic activity adversely, but sharp decreases in oil prices have no effect. We reconsider the directional symmetry of oil-price shocks by addressing the question Where is an oil shock? , the answer to which reveals a great deal of spatial/directional asymmetry across states. Although most states have typical responses to oil-price shocks?they are ...
Journal Article
Help wanted
Journal Article
The gender wage gap and wage discrimination: illusion or reality?
The wage gap between men and women is not as large as you think, nor is it entirely due to discrimination.
Journal Article
The \\"man-cession\\" of 2008-2009: it's big, but it's not great
That men are losing jobs at a much faster rate than women during this recession shouldn't be a surprise. The pattern is typical. And it's not just the men in the hard hats who are out of a job - men in almost all categories of work are being affected disproportionately.
Journal Article
Slow and steady in St. Louis