Economic Research
Economic ResearchTopic - Labor
Women’s Emancipation through Education: A Macroeconomic Analysis
Fatih Guvenen, Michelle Rendall
April 2013 - Working Paper
The Nature of Countercyclical Income Risk
Fatih Guvenen, Serdar Ozkan, Jae Song
December 2012 - Staff Report
Learning-by-Employing: The Value of Commitment Under Uncertainty
Elena Pastorino, Braz Camargo
November 2012 - Staff Report
Aggregate Labor Supply
Edward C. Prescott
October 2012 - Quarterly Review
Heterogeneity in Expected Longevities
José-Víctor Ríos-Rull, Josep Pijoan-Mas
August 2012 - Staff Report
Careers in Firms: Estimating a Model of Learning, Job Assignment, and Human Capital Acquisition
Elena Pastorino
July 2012 - Staff Report
Supplementary Appendix: Careers in Firms—Estimating a Model of Learning, Job Assignment, and Human Capital Acquisition
Elena Pastorino
July 2012 - Staff Report
Spanning the spectrum of Native workforce development
Initiatives under way in the Ninth District demonstrate that Native-focused organizations are working to increase work preparedness, education levels, and employment rates in the communities they serv
Jacob Wascalus
July 2012 - Community Dividend
Consumption and Labor Supply with Partial Insurance: An Analytical Framework
Giovanni L. Violante, Jonathan Heathcote, Kjetil Storesletten
February 2012 - Staff Report
Modeling the Evolution of Age and Cohort Effects in Social Research
Sam Schulhofer-Wohl, Yang Yang
September 2011 - Staff Report
Interstate Migration Has Fallen Less Than You Think: Consequences of Hot Deck Imputation in the Current Population Survey
Greg Kaplan, Sam Schulhofer-Wohl
June 2011 - Staff Report
Aggregate Labor Supply
Edward C. Prescott, Johanna Wallenius
January 2011 - Staff Report
Interstate Migration Has Fallen Less Than You Think: Consequences of Hot Deck Imputation in the Current Population Survey
Greg Kaplan, Sam Schulhofer-Wohl
November 2010 - Working Paper
Explaining Growth
Economist Erzo Luttmer blends two competing theories to generate a model that helps account for patterns of employment growth in U.S. companies.
Douglas Clement
September 2010 - The Region
Inferring Labor Income Risk From Economic Choices: An Indirect Inference Approach
Fatih Guvenen, Anthony Smith
July 2010 - Staff Report
Moving Back Home: Insurance Against Labor Market Risk
Greg Kaplan
July 2010 - Staff Report
Human Capital Values and Returns: Bounds Implied By Earnings and Asset Returns Data
Mark Huggett, Greg Kaplan
July 2010 - Staff Report
Taxes, Wages and Human Capital
Progressive tax policies decrease before-tax wage inequality, suggests research by Fatih Guvenen and colleagues, by diminishing motivation to acquire higher education and job skills
Douglas Clement
June 2010 - The Region
Taxation of Human Capital and Wage Inequality: A Cross-Country Analysis
Fatih Guvenen, Burhanettin Kuruscu, Serdar Ozkan
November 2009 - Staff Report
Boomerang Kids: Labor Market Dynamics and Moving Back Home
Greg Kaplan
October 2009 - Working Paper
Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States, 1967–2006
Fabrizio Perri, Giovanni L. Violante, Jonathan Heathcote
October 2009 - Staff Report
Fiscal Policy and the Great Depression
Ellen McGrattan's research suggests that dividend income taxation during Depression years may have had a significant impact on investment, equity values and GDP.
Douglas Clement
September 2009 - The Region
Licensed to Bill
Morris Kleiner examines the dramatic rise of U.S. occupational licensing and the economic consequences of this little-noted trend.
Douglas Clement
September 2009 - The Region
A Quantitative Analysis of the Evolution of the U.S. Wage Distribution: 1970–2000
Fatih Guvenen, Burhanettin Kuruscu
May 2009 - Staff Report
Joint-Search Theory: New Opportunities and New Frictions
Giovanni L. Violante, Fatih Guvenen, Bulent Guler
May 2009 - Staff Report
A Theory of Outsourcing and Wage Decline
Thomas J. Holmes, Julia Thornton Snider
March 2009 - Working Paper
Are Income Gains Due to More Wives Working Longer Hours?
Terry J. Fitzgerald
September 2008 - The Region
Just what is the middle class, and other stuff
Terry J. Fitzgerald, Ronald A. Wirtz
September 2008 - fedgazette
Say hello to the modest good life for me
Anxiety over middle class living is complex, but probably not as warranted as the hand-wringing might suggest
Terry J. Fitzgerald, Ronald A. Wirtz
September 2008 - fedgazette
Supersize me
Consumption trends suggest middle class continuing to get ahead
Ronald A. Wirtz
September 2008 - fedgazette
Where Has All the Income Gone?
Middle American incomes rise substantially even while inequality increases
Terry J. Fitzgerald
September 2008 - The Region
Changes in the Distribution of Family Hours Worked Since 1950
Ellen R. McGrattan, Richard Rogerson
April 2008 - Staff Report
Taxation, Aggregates and the Household
Gustavo Ventura, Nezih Guner, Remzi Kaygusuz
April 2008 - Working Paper
Lifetime Aggregate Labor Supply with Endogenous Workweek Length
Edward C. Prescott, Richard Rogerson, Johanna Wallenius
November 2007 - Staff Report
Has Middle America Stagnated?
A closer look at hourly wages
Terry J. Fitzgerald
September 2007 - The Region
Has Middle America Stagnated? - In Brief
Terry J. Fitzgerald
September 2007 - The Region
Employee Ownership - In Brief
Ronald A. Wirtz
June 2007 - The Region
Employee Ownership: Economic Miracle or ESOPs Fable?
Worker ownership is a growing phenomenon, but experts are divided as to its inherent rewards.
Ronald A. Wirtz
June 2007 - The Region
Made in the USA
The heart of the employee ownership movement is close to home.
Ronald A. Wirtz
June 2007 - The Region
The Many Forms of “Shared Capitalism”
Ronald A. Wirtz
June 2007 - The Region
Nature or Nurture? Learning and Female Labor Force Dynamics
Alessandra Fogli, Laura Veldkamp
February 2007 - Staff Report
Goldilocks in the Corner Office
Is ballooning CEO pay too much, too little or just right?
Ronald A. Wirtz
December 2006 - The Region
Interview with David Card
The University of California, Berkeley economist, on immigration, labor supply, minimum wage and inequality.
Douglas Clement
December 2006 - The Region
If You Lost Your Job ...
By distinguishing between insurance and liquidity, Fed visiting economists topple the conventional wisdom about unemployment insurance.
Douglas Clement
June 2006 - The Region
A Model of Job and Worker Flows
Ricardo Lagos, Nobuhiro Kiyotaki
February 2006 - Staff Report
A Model of TFP
Ricardo Lagos
January 2006 - Staff Report
Geographic Spillover of Unionism
Thomas J. Holmes
January 2006 - Staff Report
Liquidity and Insurance for the Unemployed
Iván Werning, Robert Shimer
December 2005 - Staff Report
Does job training pay off?
Ronald A. Wirtz
September 2005 - The Region
Getting Back on Your Feet
Just how effective is our expanding public system for helping dislocated workers?
Ronald A. Wirtz
September 2005 - The Region
What layoffs?
Ronald A. Wirtz
September 2005 - The Region
Interview with James Heckman
Nobel prize-winning economist James Heckman on discrimination, job training and early childhood education.
Douglas Clement
June 2005 - The Region
Why Johnny Can't Work
A theory of why countries do (or don't) restrict child labor. And what it may tell us about the true wealth of nations.
Douglas Clement
June 2005 - The Region
Culture: An Empirical Investigation of Beliefs, Work, and Fertility
Alessandra Fogli, Raquel Fernandez
April 2005 - Staff Report
Fertility and Social Security
Mariacristina De Nardi, Michele Boldrin, Larry E. Jones
March 2005 - Staff Report
The Macroeconomics of Child Labor Regulation
Fabrizio Zilibotti, Matthias Doepke
February 2005 - Staff Report
What Determines Productivity? Lessons From the Dramatic Recovery of the U.S. and Canadian Iron Ore Industries Following Their Early 1980s Crisis
James A. Schmitz, Jr.
February 2005 - Staff Report
Job Search
Minneapolis Fed directors ponder the "jobless recovery."
Ronald A. Wirtz
December 2004 - The Region
The Evolution of U.S. Earnings Inequality: 1961–2002
Zvi Eckstein, Éva Nagypál
December 2004 - Quarterly Review
Changes in Hours Worked, 1950–2000
Ellen R. McGrattan, Richard Rogerson
July 2004 - Quarterly Review
European Vacation: Why Americans Work More Than Europeans
Taxes, not culture, account for the difference, according to economist Ed Prescott.
Douglas Clement
December 2003 - The Region
Shrinking a deadweight loss
A proposal to reform Social Security
Douglas Clement
December 2003 - The Region
Wives at Work
From 1950 to 1990, married women tripled their hours in the workplace. New research suggests that reduced wage discrimination—not better appliances or higher incomes—caused this sea change in the work
Phil Davies
December 2003 - The Region
Non-Convexities in Quantitative General Equilibrium Studies of Business Cycles
Edward C. Prescott
November 2003 - Staff Report
A Theory of Factor Allocation and Plant Size
Thomas J. Holmes, Matthew F. Mitchell
October 2003 - Staff Report
The Economics of Labor Adjustment: Mind the Gap
Jonathan L. Willis, Russell Cooper
July 2003 - Staff Report
Why Are Married Women Working So Much?
Ellen R. McGrattan, Larry E. Jones, Rodolfo E. Manuelli
June 2003 - Staff Report
Competitive Pressure and Labor Productivity: World Iron Ore Markets in the 1980s
James A. Schmitz, Jr., Jose E. Galdon-Sanchez
April 2003 - Quarterly Review
Updated Facts on the U.S. Distributions of Earnings, Income, and Wealth
Javier Díaz-Giménez, José-Víctor Ríos-Rull, Santiago Budría Rodríguez, Vincenzo Quadrini
July 2002 - Quarterly Review
Specialization and the Skill Premium in the 20th Century
Matthew F. Mitchell
July 2001 - Staff Report
Competition at Work: Railroads vs. Monopoly in the U.S. Shipping Industry
James A. Schmitz, Jr., Thomas J. Holmes
April 2001 - Quarterly Review
Knowledge Diffusion through Employee Mobility
April Franco, Darren Filson
July 2000 - Staff Report
Rethinking NAIRU
Top of the Ninth
Gary H. Stern
June 2000 - The Region
The Great Depression in the United States From A Neoclassical Perspective
Lee E. Ohanian, Harold L. Cole
December 1999 - Quarterly Review
A Higher Minimum Wage-A Mistake Waiting to Happen
Guest Editorial: Preston Miller, vice president and economic advisor, discusses the merits and demerits of an increasing minimum wage.
Preston J. Miller
September 1999 - The Region
Myths of Rich and Poor: Why We're Better Off Than We Think
Book Review
Preston J. Miller
March 1999 - The Region
Changes in Hours Worked Since 1950
Ellen R. McGrattan, Richard Rogerson
December 1998 - Quarterly Review
Capital-Skill Complementarity and Inequality: A Macroeconomic Analysis
Lee E. Ohanian, Giovanni L. Violante, José-Víctor Ríos-Rull, Per Krusell
September 1997 - Staff Report
Marital Risk and Capital Accumulation
José-Víctor Ríos-Rull, Luis Cubeddu
July 1997 - Staff Report
An Empirical Analysis of Income Dynamics Among Men in the PSID: 1968–1989
John F. Geweke, Michael P. Keane
June 1997 - Staff Report
Can the Mortensen-Pissarides Matching Model Match the Business Cycle Facts?
Harold L. Cole, Richard Rogerson
December 1996 - Staff Report
Pattern Bargaining
Antonio Merlo, Robert Marshall
November 1996 - Staff Report
Valuation Equilibria With Clubs
Edward C. Prescott, Harold L. Cole
March 1996 - Staff Report
Industry Evolution and Transition: Measuring Investment in Organization Capital
Patrick J. Kehoe, Andrew Atkeson
November 1995 - Staff Report
Social Insurance and Transition
Patrick J. Kehoe, Andrew Atkeson
November 1995 - Staff Report
A New Idea for Welfare Reform
Michael P. Keane
April 1995 - Quarterly Review
Estimating Substitution Elasticities in Household Production Models
Peter Rupert, Randall Wright, Richard Rogerson
December 1994 - Staff Report
Waving a Warning Flag
Top of the Ninth: Government programs and their effects on number of jobs.
Preston J. Miller
March 1993 - The Region
The Labor Market Implications of Unemployment Insurance and Short-Time Compensation
Randall Wright
July 1991 - Quarterly Review
A Note on Labor Contracts With Private Information and Household Production
Ed Nosal, Randall Wright, Richard Rogerson
January 1991 - Staff Report
Bad News From a Forecasting Model of the U.S. Economy
David E. Runkle
September 1990 - Quarterly Review
The U.S. Economy in 1989 and 1990: Walking a Fine Line
David E. Runkle, Preston J. Miller
December 1989 - Quarterly Review
A Simple Way to Estimate Current-Quarter GNP
Preston J. Miller, Terry J. Fitzgerald
September 1989 - Quarterly Review
P*: Not the Inflation Forecaster's Holy Grail
Lawrence J. Christiano
September 1989 - Quarterly Review
The U.S. Economy in 1990 and 1991: Continued Expansion Likely
David E. Runkle
September 1989 - Quarterly Review
Are Economic Forecasts Rational?
David E. Runkle, Michael P. Keane
April 1989 - Quarterly Review
Labor Contracts in a Model of Imperfect Competition
V. V. Chari, Larry E. Jones, Rodolfo E. Manuelli
January 1989 - Staff Report
Why No Crunch From the Crash?
David E. Runkle
December 1988 - Quarterly Review
Forecasting and Modeling the U.S. Economy in 1986-88
Richard M. Todd, William Roberds
December 1987 - Quarterly Review
The Quantitative Significance of the Lucas Critique
Preston J. Miller, William Roberds
December 1987 - Staff Report
Monetary Targeting in a Dynamic Macro Model
William Roberds
July 1987 - Staff Report
Solution of Linear-Quadratic-Gaussian Dynamic Games Using Variational Methods
William Roberds
July 1986 - Staff Report
How Monetary Policy in 1985 Affects the Outlook
Robert B. Litterman
September 1985 - Quarterly Review
Above-Average National Growth in 1985 and 1986
Robert B. Litterman
September 1984 - Quarterly Review
Forecasting and Policy Analysis With Bayesian Vector Autoregression Models
Robert B. Litterman
September 1984 - Quarterly Review
Improving Economic Forecasting With Bayesian Vector Autoregression
Richard M. Todd
September 1984 - Quarterly Review
More Growth Ahead for Ninth District States
Hossain Amirizadeh, Richard M. Todd
September 1984 - Quarterly Review
Probable Future Competition in Banking Antitrust Determination: Research Findings
Michael J. Stutzer
July 1984 - Quarterly Review
The U.S. Economy in 1980: Shockwaves From 1979
Preston J. Miller, Thomas H. Turner, Thomas M. Supel
December 1980 - Quarterly Review
Supply-Side Tax Cuts: Will They Reduce Inflation?
Thomas M. Supel
September 1980 - Quarterly Review
Last Fall's Policy Changes: A Sound Program for Reducing Inflation
Thomas M. Supel
December 1979 - Quarterly Review
The Regional Economy in 1977 and 1978
David S. Dahl
December 1978 - Quarterly Review
The U.S. Economy in 1977 and 1978
Thomas M. Supel
December 1978 - Quarterly Review
TIP: The Wrong Way to Fight Inflation
Preston J. Miller
April 1978 - Quarterly Review
The Right Way to Price Federal Reserve Services
Preston J. Miller
July 1977 - Quarterly Review
