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The timing of mass layoff episodes : evidence from U.S. microdata

Weingarden, Alison - 2017

This paper studies employment decisions at U.S. companies over the 2007-2012 period, during and after the Great Recession. To this end, I build a panel dataset that matches publicly-listed companies' financial reports to their announced layoff episodes. Using limited dependent variable...

Persistent link: https://www.econbiz.de/10011802961

How large were the effects of emergency and extended benefits on unemployment during the Great Recession and its aftermath?

Figura, Andrew; Ratner, David D. - 2017

This paper presents estimates of the effect of unemployment benefit extensions during the Great Recession on … unemployment and labor force participation. Unlike many recent studies of this subject, our estimates, following the work of … of benefit extensions is likely modest, with a 90 percent confidence interval of the effect on the unemployment rate …

Persistent link: https://www.econbiz.de/10011710063

Understanding declining fluidity in the U.S. labor market

Molloy, Raven S.; Smith, Christopher L.; Trezzi, Riccardo; … - 2016

We document a clear downward trend in labor market fluidity that is common across a variety of measures of worker and job turnover. This trend dates to at least the early 1980s if not somewhat earlier. Next we pull together evidence on a variety of hypotheses that might explain this downward...

Persistent link: https://www.econbiz.de/10011499762

Firm entry and macroeconomic dynamics : a state-level analysis

Gourio, François; Messer, Todd; Siemer, Michael - 2016

Using an annual panel of US states over the period 1982-2014, we estimate the response of macroeconomic variables to a shock to the number of new firms (startups). We find that these shocks have significant effects that persist for many years on real GDP, productivity, and population. This...

Persistent link: https://www.econbiz.de/10011500393

On the U.S. firm and establishment size distributions

Kondo, Illenin O.; Lewis, Logan T.; Stella, Andrea - 2018

This paper revisits the empirical evidence on the nature of firm and establishment size distributions in the United States using the Longitudinal Business Database (LBD), a confidential Census Bureau panel of all non-farm private firms and establishments with at least one employee. We establish...

Persistent link: https://www.econbiz.de/10012016548

Changing business dynamism and productivity : shocks vs. responsiveness

Decker, Ryan A.; Haltiwanger, John C.; Jarmin, Ronald S.; … - 2018

The pace of job reallocation has declined in all U.S. sectors since 2000. In standard models, aggregate job reallocation depends on (a) the dispersion of idiosyncratic productivity shocks faced by businesses and (b) the marginal responsiveness of businesses to those shocks. Using several novel...

Persistent link: https://www.econbiz.de/10011803797