Search Results
Discussion Paper
How Do Firms Respond to Hiring Difficulties?
Terry, Ellyn; de Zeeuw, Mels
(2018-03-01)
Using data from the Federal Reserve Banks' 2017 Small Business Credit Survey (SBCS), this paper investigates the various ways in which different types of firms with less than 500 employees experience and address hiring difficulties, including when they decide to increase compensation.The authors find significant variation in hiring difficulties by type of firm, and a firm's response appears to depend on the nature of the problem. The most common response is to increase compensation, with firms that experience competition from other employers being the most likely to do so. Other common ...
FRB Atlanta Community and Economic Development Discussion Paper
, Paper 2018-01
Discussion Paper
Which Workers Bear the Burden of Social Distancing Policies?
http://fedora:8080/fcrepo/rest/objects/authors/; Pilossoph, Laura; Mongey, Simon
(2020-05-29)
In the wake of the coronavirus outbreak, nearly all U.S. states imposed social distancing policies to combat the spread of illness. To the extent that work can be done from home, some workers moved their offices to their abodes. Others, however, are unable to continue working as their usual tasks require a specific location or environment, or involve close proximity to others. Which types of jobs cannot be done from home and which types of jobs require close personal proximity to others? What share of overall U.S. employment falls in these categories? And, given that these jobs will be the ...
Liberty Street Economics
, Paper 20200529b
Working Paper
Does Access to Free Pre-Kindergarten Increase Maternal Labor Supply?
Terry, Ellyn; Shampine, Sam; Ilin, Elias
(2021-11-09)
We evaluate the effects of free pre-kindergarten (Pre-K) programs on the labor force participation of mothers. We use variation in Pre-K rules across all U.S. states, including income eligibility requirements in some states. To estimate the causal effects of access to Pre-K on labor supply, we exploit the panel aspect of the monthly Current Population Survey between 2002 and 2019. Specifically, we look at the change in labor market behavior of women when their child becomes age-eligible for Pre-K, controlling for individual factors. We find that access to free Pre-K programs increases overall ...
Research Working Paper
, Paper RWP 21-11
Working Paper
Audit Partners and Loan Loss Provisioning: Evidence from U.S. Bank Holding Companies
Bhat, Gauri; Desai, Hemang; Koch, Christoffer; Mayer, Erik J.; Tzur-Ilan, Nitzan
(2024-11-20)
This paper uses confidential data on audit engagement partner names from regulatory filings of bank holding companies (BHC) to investigate whether partners display individual style that affects the financial reporting of the BHCs. We focus on loan loss provisioning. We construct an audit partner-BHC matched panel data set that enables us to track different partners across different BHCs over time. We employ two empirical approaches to investigate partner style. The first approach tests whether partner fixed effects are statistically significant in loan loss provisioning models. The second ...
Working Papers
, Paper 2209
Journal Article
Racial Gaps, Occupational Matching, and Skill Uncertainty
Sanders, Carl; Golan, Limor
(2019)
White workers in the United States earn almost 30 percent more per hour on average than Black workers, and this wage gap is associated with large racial differences in occupational assignments. In this article, we theoretically and empirically examine the Black-White disparity in occupations. First, we present a model based on Antonovics and Golan (2012) that relates occupational assignments to the incentives workers face while learning about their own unknown ability. Second, we document differences between Black and White workers in both the complexity of skills required in their initial ...
Review
, Volume 101
, Issue 2
, Pages 135-153
Discussion Paper
How Do People Find Jobs?
Faberman, R. Jason; Schuh, Rachel; Mueller, Andreas I.; Topa, Giorgio; Sahin, Aysegul
(2017-04-05)
Most people find themselves looking for work at some point in their adult lives. But what brings employers and job seekers together? And does searching for a new job while unemployed lead to different outcomes than searching while employed? Little is known about the job search process for unemployed workers. Even less is known about the search process and outcomes for currently employed workers?so?called ?on?the?job? search. This Liberty Street Economics post aims to shed light on these questions and to draw some conclusions for our understanding of labor market dynamics more generally.
Liberty Street Economics
, Paper 20170405
Discussion Paper
How Does Credit Access Affect Job-Search Outcomes and Sorting?
Phillips, Gordon; Herkenhoff, Kyle F.
(2020-03-04)
How does access to consumer credit affect the job finding behavior of displaced workers? Are these workers looking for jobs at larger and more productive firms? What is the impact of consumer credit on the amount of time it takes to find a job? In recent work with Ethan Cohen-Cole we explore these questions by building a new data set of individual credit reports (from TransUnion) merged with administrative earnings data. We describe our approach and our results in this post.
Liberty Street Economics
, Paper 20200304d
Report
Is Occupational Licensing a Barrier to Interstate Migration?
Kleiner, Morris M.; Johnson, Janna
(2017-12-06)
Occupational licensure, one of the most significant labor market regulations in the United States, may restrict the interstate movement of workers. We analyze the interstate migration of 22 licensed occupations. Using an empirical strategy that controls for unobservable characteristics that drive long-distance moves, we find that the between-state migration rate for individuals in occupations with state-specific licensing exam requirements is 36 percent lower relative to members of other occupations. Members of licensed occupations with national licensing exams show no evidence of limited ...
Staff Report
, Paper 561
Discussion Paper
Recent Disparities in Earnings and Employment
Chakrabarti, Rajashri; Chatterji-Len, Kasey; Garcia, Dan; Pinkovskiy, Maxim L.
(2023-12-01)
The New York Fed recently released its latest set of Equitable Growth Indicators (EGIs). Updated quarterly, the EGIs continue to report demographic and geographic differences in inflation, earnings (real and nominal), employment, and consumer spending (real and nominal) at the national level. This release also launches a set of national wealth EGIs (which will be examined more closely on Liberty Street Economics early next year). Going forward, EGI releases will also include a set of regional EGIs, which will present disparities in inflation, earnings (real and nominal), employment, and ...
Liberty Street Economics
, Paper 20231201
Discussion Paper
Delaying College During the Pandemic Can Be Costly
Abel, Jaison R.; Deitz, Richard
(2020-07-13)
Many students are reconsidering their decision to go to college in the fall due to the coronavirus pandemic. Indeed, college enrollment is expected to be down sharply as a growing number of would-be college students consider taking a gap year. In part, this pullback reflects concerns about health and safety if colleges resume in-person classes, or missing out on the “college experience” if classes are held online. In addition, poor labor market prospects due to staggeringly high unemployment may be leading some to conclude that college is no longer worth it in this economic environment. ...
Liberty Street Economics
, Paper 20200713
FILTER BY year
FILTER BY Bank
Federal Reserve Bank of New York 23 items
Federal Reserve Bank of Kansas City 5 items
Federal Reserve Bank of Atlanta 3 items
Federal Reserve Bank of Dallas 2 items
Federal Reserve Bank of Minneapolis 2 items
Federal Reserve Bank of St. Louis 2 items
Board of Governors of the Federal Reserve System (U.S.) 1 items
Federal Reserve Bank of Boston 1 items
Federal Reserve Bank of Chicago 1 items
Federal Reserve Bank of Philadelphia 1 items
show more (5)
show less
FILTER BY Series
Liberty Street Economics 20 items
Staff Reports 3 items
Working Papers 3 items
Economic Bulletin 2 items
FRB Atlanta Community and Economic Development Discussion Paper 2 items
Staff Report 2 items
Chicago Fed Insights 1 items
Current Policy Perspectives 1 items
Economic Review 1 items
FRB Atlanta Working Paper 1 items
Finance and Economics Discussion Series 1 items
Globalization Institute Working Papers 1 items
Proceedings - Economic Policy Symposium - Jackson Hole 1 items
Research Working Paper 1 items
Review 1 items
show more (10)
show less
FILTER BY Content Type
Discussion Paper 22 items
Working Paper 7 items
Report 6 items
Journal Article 4 items
Conference Paper 1 items
FILTER BY Author
Chakrabarti, Rajashri 5 items
Abel, Jaison R. 4 items
Deitz, Richard 4 items
Koşar, Gizem 4 items
Pinkovskiy, Maxim L. 4 items
Pilossoph, Laura 3 items
Terry, Ellyn 3 items
Van der Klaauw, Wilbert 3 items
Armantier, Olivier 2 items
Chatterji-Len, Kasey 2 items
Dam, David 2 items
Garcia, Dan 2 items
Golan, Limor 2 items
Goldman, Leo 2 items
Hyman, Benjamin 2 items
Ilin, Elias 2 items
Kleiner, Morris M. 2 items
Kovak, Brian K. 2 items
Leive, Adam 2 items
Pomerantz, Rachel 2 items
Shampine, Sam 2 items
Smith, Kyle 2 items
Topa, Giorgio 2 items
Tuzemen, Didem 2 items
de Zeeuw, Mels 2 items
Aidala, Felix 1 items
Avtar, Ruchi 1 items
Bhat, Gauri 1 items
Bram, Jason 1 items
Butcher, Kristin F. 1 items
Caetano, Carolina 1 items
Caetano, Gregorio 1 items
Collinson, Robert 1 items
Desai, Hemang 1 items
Faberman, R. Jason 1 items
Florida, Richard 1 items
Foote, Christopher L. 1 items
Gabe, Todd M. 1 items
García, Daniel I. 1 items
Gaur, Meghana 1 items
Hai, Rong 1 items
Haughwout, Andrew F. 1 items
Herkenhoff, Kyle F. 1 items
Hounshell, Tyler 1 items
Humphries, John Erik 1 items
Hurst, Erik 1 items
Johnson, Janna 1 items
Kansas City, Federal Reserve Bank 1 items
Karahan, Fatih 1 items
Kepner, Elizabeth 1 items
Koch, Christoffer 1 items
Lee, Donghoon 1 items
Leung, Charles Ka Yui 1 items
Lu, Jessica 1 items
Mader, Nicholas 1 items
Marquardt, Kelli 1 items
Mayer, Erik J. 1 items
Melcangi, Davide 1 items
Mongey, Simon 1 items
Mueller, Andreas I. 1 items
Ng, Joe Cho Yiu 1 items
Nielsen, Eric R. 1 items
Nordhaus, William D. 1 items
Phillips, Gordon 1 items
Pugsley, Benjamin 1 items
Rappaport, Jordan 1 items
Reed, Davin 1 items
Rivers, Douglas 1 items
Sahin, Aysegul 1 items
Sanders, Carl 1 items
Scally, Joelle 1 items
Schirmer, Will 1 items
Schuh, Rachel 1 items
Skandalis, Daphne 1 items
Smith, Brianna 1 items
Tang, Edward 1 items
Tannenbaum, Daniel 1 items
Terry, Ellie 1 items
Toner-Rodgers, Aidan 1 items
Torola, Pamela 1 items
Tran, Thao 1 items
Tzur-Ilan, Nitzan 1 items
Wabiszewski, Hayley 1 items
Xu, Ming 1 items
http://fedora:8080/fcrepo/rest/objects/authors/ 1 items
van Dijk, Winnie 1 items
show more (81)
show less
FILTER BY Jel Classification
J24 6 items
E24 5 items
J31 4 items
J16 3 items
J18 3 items
J21 3 items
J44 3 items
R10 3 items
D14 2 items
D63 2 items
E20 2 items
E52 2 items
G50 2 items
H21 2 items
I14 2 items
I31 2 items
J1 2 items
J15 2 items
J20 2 items
J22 2 items
J23 2 items
J32 2 items
J6 2 items
J62 2 items
J65 2 items
K0 2 items
C24 1 items
C80 1 items
C81 1 items
C83 1 items
E3 1 items
E31 1 items
G21 1 items
H10 1 items
H23 1 items
I15 1 items
I20 1 items
I21 1 items
I30 1 items
J08 1 items
J13 1 items
J3 1 items
J38 1 items
J40 1 items
J61 1 items
J80 1 items
J82 1 items
J88 1 items
K20 1 items
K31 1 items
L20 1 items
L26 1 items
L38 1 items
L84 1 items
M21 1 items
M42 1 items
R0 1 items
R38 1 items
show more (54)
show less
FILTER BY Keywords
COVID-19 9 items
pandemic 5 items
labor market 4 items
employment 3 items
wages 3 items
Employment 2 items
Labor 2 items
Occupational licensing 2 items
Population 2 items
displaced workers 2 items
earnings 2 items
equitable growth 2 items
heterogeneity 2 items
hiring difficulty 2 items
inequality 2 items
labor markets 2 items
regression discontinuity 2 items
remote work 2 items
small business 2 items
social insurance 2 items
unemployment 2 items
Audit Engagement 1 items
Audit Partner Names 1 items
Bunching 1 items
CCP 1 items
Child care 1 items
Childcare 1 items
Chronic Fatigue Syndrome (CFS) 1 items
Cognitive skills 1 items
College 1 items
Credit 1 items
Disparities 1 items
Early education 1 items
Enrichment 1 items
Gender equality 1 items
Heterogeneity 1 items
Homework 1 items
Human Capital 1 items
Human capital 1 items
Inequality 1 items
Interstate migration 1 items
Jobs 1 items
Juvenile Conviction 1 items
Labor foce 1 items
Labor force 1 items
Labor market regulation 1 items
Labor markets 1 items
Long-COVID 1 items
Maternal labor force participation 1 items
Monetary policy 1 items
Multifamily home construction 1 items
Non-cognitive skills 1 items
Non-wage benefits 1 items
On-The-Job search 1 items
On-the-job training 1 items
PCAOB 1 items
Pandemic 1 items
Prime-age labor force 1 items
Recidivism 1 items
Regulation 1 items
Routine jobs 1 items
Skill development 1 items
Survey of Consumer Expectations 1 items
Survey of Consumer Expectations (SCE) 1 items
Time use 1 items
Unemployment 1 items
Universal pre-K 1 items
Wages 1 items
Women 1 items
Yale Labor Survey 1 items
audit partner tenure 1 items
auditing 1 items
auditor rotation 1 items
automation 1 items
banking 1 items
career ladder 1 items
childcare policies 1 items
college 1 items
college degree 1 items
commuting 1 items
consumer credit panel 1 items
coronavirus 1 items
demographics 1 items
disability 1 items
diversity 1 items
early education policies 1 items
entrepreneurship 1 items
flexible work arrangements 1 items
gap year 1 items
gender equality policies 1 items
household finances 1 items
housing demand 1 items
inflation 1 items
job mobility 1 items
job offers 1 items
job satisfaction 1 items
job search 1 items
labor force participation 1 items
labor market dynamics 1 items
longer-run balance sheet 1 items
low-wage jobs 1 items
marginal propensity to consume 1 items
maternal labor force participation 1 items
migration 1 items
mobility expectations 1 items
nominal wage 1 items
non-pecuniary benefits 1 items
occupational choice 1 items
occupations 1 items
online panels 1 items
race 1 items
racial gap 1 items
real wage 1 items
recession 1 items
regional 1 items
reservation wage 1 items
social policy 1 items
spending 1 items
stimulus payments 1 items
structural breaks 1 items
student loans 1 items
time series decomposition 1 items
time use 1 items
universal pre-K 1 items
wage index and household income 1 items
wage insurance 1 items
wealth 1 items
wealth inequality 1 items
show more (123)
show less