Brent Neiman
Biographic Data
| ID | 5868928 |
|---|---|
| NAME | Brent Neiman |
| GIVEN NAMES | Brent |
| FAMILY NAME | Neiman |
| SIGNATURE | NEIMAN B |
| AFFILIATIONS | University of Chicago |
| VERIFIED | No |
| TOTAL WORKS | 6 |
| TOTAL CITATIONS | 2 |
| AUTHOR COUNT | 6 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2013 |
| LATEST PUBLICATION YEAR | 2022 |
| H-INDEX | 1 |
Exchange Rate Reconnect
It is surprisingly difficult to find economic variables that strongly comove with exchange rates, a phenomenon codified in a large literature as “exchange rate disconnect.” We demonstrate that a variety of common proxies for global risk appetite, which did not comove with exchange rates prior to 2007, have provided significant in-sample explanatory power for currencies since then. Furthermore, during the 2007–2012 period, U.S. purchases of foreig…
How Many Jobs Can be Done at Home?
Evaluating the economic impact of "social distancing" measures taken to arrest the spread of COVID-19 raises a fundamental question about the modern economy: how many jobs can be performed at home?We classify the feasibility of working at home for all occupations and merge this classification with occupational employment counts. We find that 37 percent of jobs in the United States can be performed entirely at home, with significant variation acro…
How many jobs can be done at home?
International Currencies and Capital Allocation
We establish currency as an important factor shaping global portfolios. Using a new security-level data set, we demonstrate that investor holdings are biased toward their own currencies to such an extent that countries typically hold most of the foreign-debt securities denominated in their currency. While large firms issue in foreign currency and borrow from foreigners, most firms issue only in local currency and do not directly access foreign ca…
The Global Decline of the Labor Share
The stability of the labor share of income is a key foundation in macroeconomic models. We document, however, that the global labor share has significantly declined since the early 1980s, with the decline occurring within the large majority of countries and industries. We show that the decrease in the relative price of investment goods, often attributed to advances in information technology and the computer age, induced firms to shift away from l…
On Deficits and Unemployment
Entre 2007 et 2011 le chômage s’est accru notablement dans la plupart des pays européens. Durant la même période, les déficits extérieurs de nombreux pays européens se sont fortement réduits. Nous utilisons un modèle d’équilibre général, de type ricardien et reposant sur des rigidités salariales, couvrant trente-quatre pays, pour analyser la relation entre les ajustements extérieurs, les pnb relatifs et le chômage durant cette période. Notre anal…
International Currencies and Capital Allocation
We establish currency as an important factor shaping global portfolios. Using a new security-level data set, we demonstrate that investor holdings are biased toward their own currencies to such an extent that countries typically hold most of the foreign-debt securities denominated in their currency. While large firms issue in foreign currency and borrow from foreigners, most firms issue only in local currency and do not directly access foreign ca…
On Deficits and Unemployment
Entre 2007 et 2011 le chômage s’est accru notablement dans la plupart des pays européens. Durant la même période, les déficits extérieurs de nombreux pays européens se sont fortement réduits. Nous utilisons un modèle d’équilibre général, de type ricardien et reposant sur des rigidités salariales, couvrant trente-quatre pays, pour analyser la relation entre les ajustements extérieurs, les pnb relatifs et le chômage durant cette période. Notre anal…
The Global Decline of the Labor Share
The stability of the labor share of income is a key foundation in macroeconomic models. We document, however, that the global labor share has significantly declined since the early 1980s, with the decline occurring within the large majority of countries and industries. We show that the decrease in the relative price of investment goods, often attributed to advances in information technology and the computer age, induced firms to shift away from l…
International Currencies and Capital Allocation
We establish currency as an important factor shaping global portfolios. Using a new security-level data set, we demonstrate that investor holdings are biased toward their own currencies to such an extent that countries typically hold most of the foreign-debt securities denominated in their currency. While large firms issue in foreign currency and borrow from foreigners, most firms issue only in local currency and do not directly access foreign ca…
How Many Jobs Can be Done at Home?
Evaluating the economic impact of "social distancing" measures taken to arrest the spread of COVID-19 raises a fundamental question about the modern economy: how many jobs can be performed at home?We classify the feasibility of working at home for all occupations and merge this classification with occupational employment counts. We find that 37 percent of jobs in the United States can be performed entirely at home, with significant variation acro…
How many jobs can be done at home?
Exchange Rate Reconnect
It is surprisingly difficult to find economic variables that strongly comove with exchange rates, a phenomenon codified in a large literature as “exchange rate disconnect.” We demonstrate that a variety of common proxies for global risk appetite, which did not comove with exchange rates prior to 2007, have provided significant in-sample explanatory power for currencies since then. Furthermore, during the 2007–2012 period, U.S. purchases of foreig…
Economics (5 works) · Business (3 works) · Labour economics (3 works) · Computer Science (2 works) · Coronavirus disease 2019 (COVID-19) (2 works) · COVID-19 Pandemic Impacts (2 works) · Currency (2 works) · Demographic economics (2 works) · Finance (2 works) · Finance (2 works)