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Joshua K. Montes is a labor economist who works in the Labor Markets Section of the Federal Reserve Board of Governors. He has a Ph.D. from the University of Michigan and a B.S. from Miami University.
- The Fed - "The Great Retirement Boom": The Pandemic-Era Surge in ...
Joshua Montes, Christopher Smith, and Juliana Dajon....
- The Fed - "The Great Retirement Boom": The Pandemic-Era Surge in ...
Nov 30, 2022 · Joshua Montes is one of the authors of a paper published by the Federal Reserve Board of Governors in November 2022. The paper analyzes the pandemic-era surge in retirements and its implications for future labor force participation.
Joshua Montes is an economist in the Labor Markets Section of the Division of Research and Statistics at the Federal Reserve Board. He has research interests in Macroeconomics, Labor Economics, Financial Economics and Applied Econometrics.
Joshua Montes is one of the authors of a Federal Reserve Board paper that analyzes the pandemic-era surge in retirements and its implications for labor force participation. The paper uses a model that accounts for pre-pandemic trends, cyclicality, and other factors to estimate the excess retirements and their fade-out.
Joshua Montes is a senior economist at the Federal Reserve Board and a former economist at the Congressional Budget Office. He has a Ph.D. in economics from the University of Michigan and works on macroeconomics, labor economics, and applied econometrics.
Joshua Montes is one of the authors of a study that evaluates the impact and efficiency of the PPP, a $800 billion loan program for small businesses during the pandemic. The paper finds that PPP was highly regressive, costly, and untargeted, and compares it with other aid programs.
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.
