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Joshua K. Montes. Principal Economist Labor Markets Section Research and Statistics. joshua.k.montes@frb.gov. Education. Ph.D., Economics, University of Michigan, 2014. B.S., Economics, Mathematics, and Statistics, Miami University, 2006. Macroeconomics. Labor Economics. Current Research Topics. Labor Force Participation. Wages.
Nov 30, 2022 · Joshua Montes, Christopher Smith, and Juliana Dajon. Abstract: As of October 2022, the retired share of the U.S. population was nearly 1-1/2 percentage points above its pre-pandemic level (after adjusting for updated population controls to the Current Population Survey), accounting for nearly all of the shortfall in the labor force ...
Joshua Montes. I am an economist in the Labor Markets Section of the Division of Research and Statistics at the Federal Reserve Board. Prior to that, I was an economist in the Macroeconomic...
Joshua Montes, Christopher Smith, and Juliana Dajon Abstract: As of October 2022, the retired share of the U.S. population was nearly 1½ percentage points above its pre-pandemic level (after adjusting for updated population controls to the Current Population
Economist, Macroeconomic Analysis Division. · Forecast the unemployment and labor force participation rates, employment, wage growth, and labor productivity over a ten-year horizon for...
The Paycheck Protection Program (PPP) provided small businesses with roughly $800 billion dollars in uncollateralized, low-interest loans during the pandemic, almost all of which will be forgiven.
Abstract. This paper examines the relationship between downward nominal wage rigidity and employment outcomes using linked employer-employee data from Germany. Establishment-level estimates sug-gest that wage rigidity prevents 25 percent of counterfactual wage cuts.