24 July 2020
Labor market dynamics in Japan shifted after 1998 so that correlations between labor market tightness and wages weakened noticeably, making wage inflation a much less important determinant of price inflation,
23 July 2020
and find that most of the 1995-2005 revival in US productivity growth was driven by information and communication technology-intensive industries producing market services and computer hardware, while the EU-10 experienced a growth slowdown due to a paucity of ICT investment.
22 July 2020
The inflation rate during the COVID-19 pandemic has been higher than is indicated by the official Consumer Price Index in the US for both headline and core indices,
finds. Consumers are spending more on food and less on transportation, for example.
21 July 2020
Participants in the Civilian Conservation Corps — the first and largest youth training program in the United States — grew taller, lived longer lives, and had higher lifetime earnings than non-participants, a study by
, , , and finds. The program was in operation between 1933 and 1942.
20 July 2020
Using data from two national surveys,
, , and find evidence that post-9/11 combat service increased the probability of crime commission among veterans, leading to an estimated $26.7 billion in additional crime costs.