ABSTRACT US output has expanded only slowly since the recession trough in 2009, even
though the unemployment rate has essentially returned to a pre-crisis, normal level. We use …

Business cycle recoveries have slowed in recent decades. This slowdown comes entirely
from female employment, as women's employment rates converged toward men's during the …

We document how differences in labour demand by gender explain the contrasting
evolutions of labour force participation between men and women during the Great …

This paper focuses on the distribution of the working poor by income level across countries
and examines how indicators such as the level of unemployment, the labour force, and the …

During the 1990s and the 2000s Israel, a country ethnically divided into a dominant Jewish
majority and a disadvantaged mostly Muslim Palestinian minority, underwent a transition …

We study nominal gross domestic product (GDP) targeting as optimal monetary policy in a
model with a credit market friction following Azariadis et al.(2018), henceforth ABSS. We …

The US labor market experienced a more than 20 percent reduction in the share of workers
holding multiple jobs over the past 20 years. While this substantial trend is receiving …

Abstract Why Has the Unemployment Rate Fared Better than GDP Growth? Answer:
Between 2007 and 2014, GDP growth was held back by shortfalls of• 4.4 percent in …

In 2008, the worst financial crisis since the Great Depression launched a deep contraction of
the US economy. Output fell quickly to a level 10% below trend. Unemployment reached …

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