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The Rise of Labor Productivity

Casey B. Mulligan

in The Redistribution Recession: How Labor Market Distortions Contracted the Economy

Published in print:
2012
Published Online:
January 2013
ISBN:
9780199942213
eISBN:
9780199980772
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199942213.003.0002
Subject:
Economics and Finance, Public and Welfare

During the recession of 2008–9, labor hours fell sharply, while wages and output per hour rose. Some, but not all, of the productivity and wage increase can be attributed to changing quality of the ... More


The Expanding Social Safety Net

Casey B. Mulligan

in The Redistribution Recession: How Labor Market Distortions Contracted the Economy

Published in print:
2012
Published Online:
January 2013
ISBN:
9780199942213
eISBN:
9780199980772
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199942213.003.0003
Subject:
Economics and Finance, Public and Welfare

Inflation-adjusted spending on means-tested subsidies has increased sharply since 2007, and most of the growth was due to changes in eligibility rules, and increases in subsidies per eligible person, ... More


Means-Tested Subsidies and Economic Dynamics Since 2007

Casey B. Mulligan

in The Redistribution Recession: How Labor Market Distortions Contracted the Economy

Published in print:
2012
Published Online:
January 2013
ISBN:
9780199942213
eISBN:
9780199980772
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199942213.003.0005
Subject:
Economics and Finance, Public and Welfare

This chapter estimates impacts of the expanding social safety net on the major macroeconomic variables—including GDP, consumption, investment, and labor hours—in a dynamic economic model with capital ... More


Supply and Demand: Labor Market Consequences of Safety Net Expansions

Casey B. Mulligan

in The Redistribution Recession: How Labor Market Distortions Contracted the Economy

Published in print:
2012
Published Online:
January 2013
ISBN:
9780199942213
eISBN:
9780199980772
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199942213.003.0004
Subject:
Economics and Finance, Public and Welfare

This chapter introduces one of the book's major conclusions by presenting a supply and demand model of the labor market that includes total factor productivity, population growth, wealth effects, ... More


Cross-Sectional Patterns of Employment and Hours Changes

Casey B. Mulligan

in The Redistribution Recession: How Labor Market Distortions Contracted the Economy

Published in print:
2012
Published Online:
January 2013
ISBN:
9780199942213
eISBN:
9780199980772
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199942213.003.0006
Subject:
Economics and Finance, Public and Welfare

This chapter shows that employment and hours changes 2007–10 were not uniform across demographic groups, but rather fell in amounts related to changes in log self-reliance rates. Self-reliance rate ... More


Failure by Design: The Story behind America's Broken Economy

Josh Bivens

Published in print:
2011
Published Online:
August 2016
ISBN:
9780801450150
eISBN:
9780801460654
Item type:
book
Publisher:
Cornell University Press
DOI:
10.7591/cornell/9780801450150.001.0001
Subject:
Economics and Finance, Public and Welfare

This book relays a compelling narrative of the U.S. economy's struggle to emerge from the Great Recession of 2008. It explains the causes and impact on working Americans of the most catastrophic ... More


Introduction

Casey B. Mulligan

in The Redistribution Recession: How Labor Market Distortions Contracted the Economy

Published in print:
2012
Published Online:
January 2013
ISBN:
9780199942213
eISBN:
9780199980772
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199942213.003.0001
Subject:
Economics and Finance, Public and Welfare

To help understand the causes of the recession and slow recovery, Chapter 1 advocates a residual analysis: estimation of what would have happened to work hours and other major economic variables if ... More


The Redistribution Recession: How Labor Market Distortions Contracted the Economy

Casey B. Mulligan

Published in print:
2012
Published Online:
January 2013
ISBN:
9780199942213
eISBN:
9780199980772
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199942213.001.0001
Subject:
Economics and Finance, Public and Welfare

Beginning in 2007, major subsidies and regulations intended to help the poor and unemployed were changed in more than a dozen ways. Many of these changes were reasonable reactions to economic events, ... More


Do Tax Rebates Work in a Recession?

Laurence Seidman

in How to Combat Recession: Stimulus without Debt

Published in print:
2018
Published Online:
May 2018
ISBN:
9780190462178
eISBN:
9780190462208
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190462178.003.0004
Subject:
Economics and Finance, Public and Welfare

The most recent uses of tax rebates to households in the United States to combat a recession were in the summer of 2001 and the summer of 2008. Several studies published in the year following each ... More


Addressing worklessness post the financial crisis

Ines Newman

in Promoting social cohesion: Implications for policy and evaluation

Published in print:
2011
Published Online:
March 2012
ISBN:
9781847426956
eISBN:
9781447303084
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781847426956.003.0011
Subject:
Sociology, Urban and Rural Studies

This chapter raises issues about welfare-to-work policies and how they are currently evaluated. It first explores the influence of the 2008/09 recession in terms of different groups in the labour ... More


A treble blow? Child poverty in 2010 and beyond

Stewart Kitty

in Social Policy Review 23: Analysis and Debate in Social Policy, 2011

Published in print:
2011
Published Online:
March 2012
ISBN:
9781847428301
eISBN:
9781447303503
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781847428301.003.0009
Subject:
Sociology, Social Research and Statistics

This chapter examines child poverty. It evaluates the evidence on child poverty under New Labour and during the recession of 2008–09. It illustrates the modest progress made by Labour governments in ... More


The Labour Market in Winter—The 2008–2009 Recession

Paul Gregg and Jonathan Wadsworth

in The Labour Market in Winter: The State of Working Britain

Published in print:
2011
Published Online:
April 2015
ISBN:
9780199587377
eISBN:
9780191808647
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199587377.003.0002
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter discusses the impact of the deep recession of 2008–9 on the UK labour market. It examines the UK's preservation of high employment during the recession, noting that it differed from ... More


Social division and resentment in the aftermath of the economic slump

Gabriella Elgenius

in Austerity, Community Action, and the Future of Citizenship

Published in print:
2017
Published Online:
May 2018
ISBN:
9781447331032
eISBN:
9781447331056
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781447331032.003.0003
Subject:
Social Work, Social Policy

The text on Social Division and Resentment in the Aftermath of the Economic Slump analyses the social repercussions of the Great Recession, engulfing the rich world in a similar fashion from 2008 ... More


Introduction

Paul Gregg and Jonathan Wadsworth

in The Labour Market in Winter: The State of Working Britain

Published in print:
2011
Published Online:
April 2015
ISBN:
9780199587377
eISBN:
9780191808647
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199587377.003.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

This introductory chapter sets out the book's purpose, namely to discuss the performance of the labour market in the United Kingdom in the recession period of 2008–9. It also notes the rapid growth ... More


Key Issues

Min Zhu

in Sovereign Wealth Funds and Long-Term Investing

Published in print:
2011
Published Online:
November 2015
ISBN:
9780231158633
eISBN:
9780231530286
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231158633.003.0046
Subject:
Economics and Finance, Financial Economics

This chapter argues that although future global volatility is clearly a major issue for investors and policy makers, the more pressing challenge is how the global economy may recover from the great ... More


Regulators

Tai-Heng Cheng

in When International Law Works: Realistic Idealism After 9/11 and the Global Recession

Published in print:
2012
Published Online:
April 2015
ISBN:
9780195370171
eISBN:
9780190259716
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780195370171.003.0006
Subject:
Law, Public International Law

This chapter examines whether the justificatory theory of international law provides guidance to regulators. It considers how the focus on shared expectations rather than formal laws enables the ... More


Armageddon or necessary readjustment?: Police finances and the Coalition

Timothy Brain

in A Future for Policing in England and Wales

Published in print:
2013
Published Online:
April 2015
ISBN:
9780199684458
eISBN:
9780191807497
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199684458.003.0005
Subject:
Law, Criminal Law and Criminology

This chapter analyses the effects of the credit crunch of 2007 and the global recession of 2008 on law enforcement finances. It describes the economic policies of the principal political parties ... More


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