scholarly journals Post-Pandemic Fertility: Lessons from the Great Recession

2021 ◽  
Author(s):  
Nathan Seltzer
Keyword(s):  
United States ◽  
Labor Market ◽  
Great Recession ◽  
Fertility Decline ◽  
The United States ◽  
Economic Recovery ◽  
Fertility Rates ◽  
Government Interventions ◽  
The Great Recession ◽  
The U.S

In “Beyond the Great Recession: Labor Market Polarization and Ongoing Fertility Decline in the United States,” I investigated the economic reasons for why fertility rates in the United States continued to decrease after the Great Recession. The findings of this research might be informative of how the COVID-19 induced recession that began in March 2020 might influence fertility rates in the U.S. and perhaps other high-income countries. The scenarios presented here are based on (a) different forecasts of the pace and character of economic recovery, and (b) potential government interventions that are put into place to stabilize the economy.

scholarly journals Deleveraging and Monetary Policy: Japan Since the 1990s and the United States Since 2007

2012 ◽  
Vol 26 (3) ◽  
pp. 177-202 ◽  
Author(s):  
Kazuo Ueda
Keyword(s):  
United States ◽  
Monetary Policy ◽  
Great Recession ◽  
Federal Reserve ◽  
The United States ◽  
Federal Funds ◽  
Federal Funds Rate ◽  
The Great Recession ◽  
Policy Responses ◽  
The U.S

As the U.S. economy works through a sluggish recovery several years after the Great Recession technically came to an end in June 2009, it can only look with horror toward Japan's experience of two decades of stagnant growth since the early 1990s. In contrast to Japan, U.S. policy authorities responded to the financial crisis since 2007 more quickly. Surely, they learned from Japan's experience. I will begin by describing how Japan's economic situation unfolded in the early 1990s and offering some comparisons with how the Great Recession unfolded in the U.S. economy. I then turn to the Bank of Japan's policy responses to the crisis and again offer some comparisons to the Federal Reserve. I will discuss the use of both the conventional interest rate tool—the federal funds rate in the United States, and the “call rate” in Japan—and nonconventional measures of monetary policy and consider their effectiveness in the context of the rest of the financial system.

Combustible Hopes on the National Stage

2017 ◽  
Author(s):  
Judith Hamera
Keyword(s):  
United States ◽  
New York ◽  
Great Recession ◽  
Work Ethic ◽  
The United States ◽  
Economic Recovery ◽  
The Great Recession ◽  
History Of ◽  
The City

This chapter argues for Detroit as an image and an actual place that spatializes and racializes the affective fallout of deindustrialization using three plays whose 2013 New York runs coincided with both the city’s impending bankruptcy and the United States’ anemic recovery from the Great Recession: Detroit by Lisa D’Amour, Detroit’67 by Dominique Morisseau, and Motown the Musical by Berry Gordy. Each play uses Detroit to explore the interpersonal consequences of opportunities and crises in racialized capitalism. Each offers audiences intimate visions of the Fordist bargain in its seeming heyday, particularly compelling in a period of lackluster economic recovery. In this chapter I introduce the formulations “re-siting” and “re-citing” to analyze the ways elements of Detroit’s incendiary history of interracial confrontations are redeployed to support images of a capitalist work ethic transcending or succumbing to racist violence, and to link the city to a seemingly race-neutral contemporary precarity.

scholarly journals Remittances from Mexican migrants in the United States during the time of COVID-19

2020 ◽  
Vol 5 (2) ◽  
pp. 143-153
Author(s):  
Rodolfo Garcia Zamora ◽  
Selene Gaspar Olvera
Keyword(s):  
United States ◽  
Unemployment Rate ◽  
Great Recession ◽  
The United States ◽  
Economic Recovery ◽  
Mexican Migrants ◽  
The Great Recession

Following the Great Recession of 2007-2009 in the United States, Mexican migrants’ remittances began to grow steadily in 2014 until they reached a historical level of US$36 billion in 2019. This figure was at US$4 billion in March 2020 when Mexico had been suffering the effects of COVID-19 for one month. In April, remittances from Mexican migrants in the United States dropped 28%, as their unemployment rate reached 17%. Recuperating remittance levels will depend on economic recovery policies in the United States, and on reducing unemployment for Mexican migrants in the sectors where they have the biggest presence.

scholarly journals Labor Market Tightness across the United States since the Great Recession

2018 ◽  
pp. 1-6
Author(s):  
Murat Tasci ◽  
Caitlin Treanor
Keyword(s):  
United States ◽  
Labor Market ◽  
Adverse Effects ◽  
Great Recession ◽  
National Level ◽  
The United States ◽  
Labor Market Conditions ◽  
Us States ◽  
The Great Recession ◽  
Before And After

Though labor market statistics are often reported and discussed at the national level, conditions can vary quite a bit across individual states. We explore differences in these labor market conditions across US states before and after the Great Recession using a ratio of the number of unemployed workers to job vacancies. We show that the intensity of the adverse effects of the recession and the strength of the recovery varied geographically at all points in the process. We also demonstrate that wage growth is delayed until the ratio of unemployed workers to job vacancies returns to prerecession levels.

scholarly journals What Employers Want from Interns: Demand-Side Trends in the Internship Market

2020 ◽  
Author(s):  
Carrie Shandra
Keyword(s):  
Labor Market ◽  
Great Recession ◽  
Career Transition ◽  
The United States ◽  
Demand Side ◽  
Entry Level ◽  
The Great Recession ◽  
Education Experience ◽  
College Career ◽  
Skill Requirements

Internships have become a ubiquitous component of the college-career transition, yet empirical evidence of the internship market is limited. This study uses data from 1.3 million internship postings collected between 2007-2016 in the United States to (1) identify trends in internship education, experience, and skill requirements over the Great Recession and recovery periods; (2) evaluate how these trends correspond to those observed in the traditional labor market; and (3) assess robustness across labor market sectors. Results indicate that internship education and skill requirements increased substantially throughout the recession and recovery periods, indicative of a longer-term structural shift in employer expectations about internship hiring. Additionally, growth in internship education and skill requirements largely outpaced growth in non-internship education and skill requirements over the same period, suggesting potential substitution of non-interns with interns. Post-recession employers still consider internships to be entry-level positions—yet now expect interns to have skills in hand.

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