Commentaries

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2020, Pandemic

Labour Markets During the COVID-19 Crisis: A Preliminary View

Olivier COIBION, Yuriy GORODNICHENKO, Michael WEBER
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Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

Labour Markets During the COVID-19 Crisis: A Preliminary View

Olivier COIBION, Yuriy GORODNICHENKO, Michael WEBER
We use a repeated large-scale survey of households in the Nielsen Homescan panel to characterize how labor markets are being affected by the covid-19 pandemic. We document several facts. First, job loss has been significantly larger than implied by new unemployment claims: we estimate 20 million los...
Keywords: Labor market, unemployment, Employment, covid-19.
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Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

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May 2020

Labor Markets During the Covid-19 Crisis: A Preliminary View

Olivier COIBION, Yuriy GORODNICHENKO, Michael WEBER
We use a repeated large-scale survey of households in the Nielsen Homescan panel to characterize how labor markets are being affected by the covid-19 pandemic. We document several facts. First, job loss has been significantly larger than implied by new unemployment claims: we estimate 20 million los...
Keywords: Labor market, unemployment, Employment, COVID-19
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Annual Conference

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Trade, Growth and Development

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May 2024

Labor Market Integration and Entrepreneurship

Wei LIN, Hanming FANG, Siyang LI
This paper investigates the impact of various labor market integration policies on the migration decisions of entrepreneurs and the performance of their firms, in the context of China’s Hukou policies. We first present suggestive evidence that various Hukou policies have significant and heterogene...
Keywords: Hukou Reform, Internal Migration, Entrepreneurship, Sorting
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Annual Conference

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Trade, Growth and Development, Senior Fellows/Fellows

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May 2023

Labor Market Implications of Taiwan’s Accession to the WTO: A Dynamic Quantitative Analysis

Pao-Li CHANG, Yi-Fan CHEN, Wen-Tai HSU, Xin YI
This paper studies the effects of Taiwan’s accession to the WTO in 2002 on the labor market dynamics in Taiwan during 1995–2020. Our dynamic quantitative framework builds on that of Caliendo, Dvorkin and Parro (2019) but allows for differently skilled labor inputs (low, middle, high) and sector-...
Keywords: WTO, Dynamic Quantitative Analysis, Labor Market Dynamics, Welfare effects, Mobility Frictions, Skill Upgrade
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