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Who is harmed by and who benefits from worker reallocation? We investigate the earnings consequences of changing jobs and find a wide dispersion in outcomes. This dispersion is driven not by whether the worker was displaced, but by the duration of joblessness between job spells. Job movers who...
Persistent link: https://www.econbiz.de/10012616634
This paper develops a framework for analyzing unemployment in terms of …distribution of the inflow Into unemployment are the primary determinant of …drive the recession. In contrast to normal unemployment, cyclical unemployment …
Persistent link: https://www.econbiz.de/10012477074
This paper develops a model of unemployment rate dynamics that provides an explanation of persistent cyclical … unemployment that does not involve persistent expectational errors or other nonoptimizing behavior. Our results are based on the … comprise the bulk of normal unemployment and a larger group of low turnover individuals who dominate movements in cyclical …
Persistent link: https://www.econbiz.de/10012477527
unemployment they have experienced (state dependence). We use Current Population Survey (CPS) data on unemployed individuals linked … outcomes. Even with these controls in place, we find that unemployment duration has a strongly negative effect on the … explanation for the negative association between unemployment duration and subsequent employment rates. We also find that longer …
Persistent link: https://www.econbiz.de/10012456015
accessibility to appropriate jobs should shorten the duration of unemployment. We focus on lower-income workers with strong labor …
Persistent link: https://www.econbiz.de/10012458598