J64

Ping Wang · Tsz-Nga Wong

Wang and Wong develop a continuous-time labor-search model to assess the dynamic effects of generative AI (GenAI) on labor productivity and unemployment. The paper is motivated by conflicting …

Andreas Hornstein · Marios Karabarbounis · André Kurmann · Etienne Lalé · Lien Ta

This paper isolates the disincentive effects of pandemic unemployment insurance (UI) benefits on employment recovery, separating them from the simultaneously operating stimulative (demand) effects …

Brent Bundick · Isabel Cairó · Nicolas Petrosky-Nadeau

Layer 1 — Overview Research Question This paper investigates whether and how assumptions about household and firm expectations alter the macroeconomic implications of asymmetries commonly embedded in …

Richard Audoly

Layer 1 — Overview Research Question How do aggregate economic fluctuations reallocate workers across the firm productivity distribution over the business cycle? In particular, to what extent do …

Serdar Birinci · Fatih Karahan · Yusuf Mercan · Kurt See

Overview Research question. The paper asks two related questions: (1) How much, and through which channels, do employer-to-employer (EE) worker transitions affect macroeconomic outcomes — particularly …

Jonathan Créchet · Etienne Lalé · Linas Tarasonis

Layer 1 — Overview Research question. The paper asks: what are the sources of cross-country differences in aggregate employment across European economies, and which types of worker flows — between …

Unknown

This paper asks why unemployment rates differ so persistently across local labor markets, and what role job creation and job destruction play in generating those differences. The authors document a …

Gordon B. Dahl · Matthew M. Knepper

Seven U.S. states permanently cut unemployment insurance (UI) benefits by 30–64 percent between 2011 and 2014, providing the study’s quasi-experimental variation. North Carolina enacted the …