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From Mancession to Shecession

2021
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Release : 2021
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Book Synopsis From Mancession to Shecession by : Titan Alon

Download or read book From Mancession to Shecession written by Titan Alon. This book was released on 2021. Available in PDF, EPUB and Kindle. Book excerpt: We examine the impact of the global recession triggered by the Covid-19 pandemic on women's versus men's employment. Whereas recent recessions in advanced economies usually had a disproportionate impact on men's employment, giving rise to the moniker "mancessions," we show that the pandemic recession of 2020 was a "shecession" in most countries with larger employment declines among women. We examine the causes behind this pattern using micro data from several national labor force surveys, and show that both the composition of women's employment across industries and occupations as well as increased childcare needs during closures of schools and daycare centers made important contributions. While many countries exhibit similar patterns, we also emphasize how policy choices such as furloughing policies and the extent of school closures shape the pandemic's impact on the labor market. Another notable finding is the central role of telecommuting: gender gaps in the employment impact of the pandemic arise almost entirely among workers who are unable to work from home. Nevertheless, among telecommuters a different kind of gender gap arises: women working from home during the pandemic spent more work time also doing childcare and experienced greater productivity reductions than men. We discuss what our findings imply for gender equality in a post-pandemic labor market that will likely continue to be characterized by pervasive telecommuting.

NBER Macroeconomics Annual 2021

2022-05-17 Business & Economics
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Release : 2022-05-17
Genre : Business & Economics
Kind : eBook
Book Rating : 722/5 ( reviews)

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Book Synopsis NBER Macroeconomics Annual 2021 by : Martin Eichenbaum

Download or read book NBER Macroeconomics Annual 2021 written by Martin Eichenbaum. This book was released on 2022-05-17. Available in PDF, EPUB and Kindle. Book excerpt: The NBER Macroeconomics Annual 2021 presents research-central issues in contemporary macroeconomics. Robert Hall and Marianna Kudlyak examine unemployment dynamics during economic recoveries. They present new empirical findings and explore models in which the labor market gradually draws down the stock of unemployed workers in the aftermath of a downturn. Titan Alon, Sena Coskun, Matthias Doepke, David Koll, and Michèle Tertilt analyze the relative decline in employment of women during the COVID-19 pandemic and the associated global recession. They show that increased childcare needs, which fell more heavily on women, and differences in occupations both contributed. In the case of the US, however, each of these factors account for less than 20% of the gender gap in hours worked during the pandemic. Richard Rogerson and Johanna Wallenius study the employment rates of older workers in OECD countries over the last forty years. An expansion of institutions incentivizing retirement, concurrent with negative aggregate shocks between 1970 and 1995, led to falling employment rates. This trend started to reverse in the mid-1990s when many of these institutions, such as public pension programs, were cut back. Michael Barnett, William Brock, and Lars Peter Hansen explore the consequences of risk, ambiguity, and model misspecification in climate policy design. They consider carbon emissions pricing and the effects of different sources of uncertainty—such as future information about environmental damage, uncertainties in carbon and temperature dynamics and damage functions, and the role of future green technologies—on policy design. Michael Kremer, Jack Willis, and Yang You present new evidence suggesting a steady trend toward income convergence across countries since the late 1980s. They find convergence in various determinants of economic growth across countries and a flattening of the relationship between growth and these determinants. The paper challenges theories of growth arising after earlier rejections of the neoclassical growth model.

Advanced Introduction to the Sociology of Work

2022-06-07 Business & Economics
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Release : 2022-06-07
Genre : Business & Economics
Kind : eBook
Book Rating : 61X/5 ( reviews)

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Book Synopsis Advanced Introduction to the Sociology of Work by : Wharton, Amy S.

Download or read book Advanced Introduction to the Sociology of Work written by Wharton, Amy S.. This book was released on 2022-06-07. Available in PDF, EPUB and Kindle. Book excerpt: This Advanced Introduction examines the economic, social, and political conditions that have shaped the 21st century workplace in wealthy democracies, highlighting the changes in work since the 1970s which have produced the ‘new economy’. Amy S. Wharton illuminates important aspects of today’s workplace, including the service economy, customer-facing jobs, the transformative effects of digital platforms, and the ‘opening’ of the employment relationship.

The Rich Flee and the Poor Take the Bus

2024-02-13 Political Science
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Release : 2024-02-13
Genre : Political Science
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Book Rating : 238/5 ( reviews)

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Book Synopsis The Rich Flee and the Poor Take the Bus by : Troy Tassier

Download or read book The Rich Flee and the Poor Take the Bus written by Troy Tassier. This book was released on 2024-02-13. Available in PDF, EPUB and Kindle. Book excerpt: How can we make society more resilient to outbreaks and avoid forcing the poor and working class to bear the brunt of their harm? When an epidemic outbreak occurs, the most physical and financial harm historically falls upon the people who can least afford it: the economically and socially marginalized. Where people live and work, how they commute and socialize, and more have a huge impact on the risks we bear during an outbreak. In The Rich Flee and the Poor Take the Bus, economist Troy Tassier examines examples ranging from the 430 BCE plague of Athens to the COVID-19 pandemic to demonstrate why marginalized groups bear the largest burden of epidemic costs—and how to avoid these systemic failures in the future. The links between epidemics and social issues—such as inequality, discrimination, and financial insecurity—are not always direct or clear. Tassier reveals truths hidden in plain sight, from the way population density statistics can be misleading to the often-misunderstood differences between risk and uncertainty. The disproportionate harm experienced by marginalized individuals is not the product of their own decisions; instead, the collective choices of society and the tangled web of interactions across people and communities leave these groups most exposed to the perils of epidemics. However, there is reason to hope. Utilizing a wealth of economic and population data, Tassier argues that we can leverage lessons learned from historic and recent outbreaks to design better economic and social policies and more just institutions to protect everyone in society when inevitable future epidemics arrive.

Handbook of the Economics of the Family

2023-03-23 Business & Economics
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Release : 2023-03-23
Genre : Business & Economics
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Book Rating : 668/5 ( reviews)

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Book Synopsis Handbook of the Economics of the Family by :

Download or read book Handbook of the Economics of the Family written by . This book was released on 2023-03-23. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of the Economics of the Family, Volume One includes comprehensive surveys of the current state of the economics literaure in the field, prepared by leading scholars, with a particular empahsis on the most recent developments in each area. Chapters cover Culture and the family; Mating markets; Household decisions and intra-household distributions; The economics of fertility: a new era; Families, labor markets, and policy; Family background, neighborhoods, and intergenerational mobility; The great transition: Kuznets facts for family-economists; An institutional perspective on the economics of the family. An economics approach to changing family arrangements Understanding of inequality and intergenerational mobility Evolution of gender roles within families and across societies

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