We ask to what extent the quantification of labor market power depends on the modeling of the long-term worker-firm employment relationship. We develop an oligopsony model with dynamic wage contracts.
The Federal Reserve cut interest rates last week, but the decision was far from unanimous. Two members of the Federal Open ...
A Melbourne Cup Day interest rate cut is off the table after the latest inflation figure exceeded Reserve Bank governor ...
Kimberly leads a panel discussion at Aspen Ideas: Economy attempting to answer that question.
Shares tumble as traders abandon rate bets after core CPI tops forecasts; Nick Scali sees strong sales; Woolworths sales miss ...
Shares fall as traders abandon rate bets after core CPI tops forecasts; Nick Scali sees strong sales; Woolworths sales miss; ...
Despite mounting trade tensions, China intends to remain a global manufacturing power while building stronger economic growth ...
Millions of young Americans fresh out of college with a computer science degree have struggled to find a job over the past year and their luck may not change anytime soon.
We expect the Fed will move to slow the pace of easing, with three cuts spread over the course of next year,' Michael Pearce, ...
Maria worked cleaning schools in Florida for $13 an hour. Every two weeks, she’d get a $900 paycheck from her employer, a contractor. Not much — but enough to cover rent in the house that she and her ...
Federal Reserve Chair Jerome Powell signaled Tuesday that downward pressure on the labor market means there is more room for further interest-rate cuts.
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