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The Cyclicality of Separation and Job Finding Rates

Fujita, Shigeru - 2019

cycle dynamics of separation and job finding rates and to quantify their contributions to overall unemployment variability …. Cyclical changes in the separation rate lead those of unemployment, while the job finding rate and unemployment move … contemporaneously. Fluctuations in the separation rate explain between 40 and 50 percent of fluctuations in unemployment, depending on …

Persistent link: https://www.econbiz.de/10012706129

The Cyclicality of Worker Flows : New Evidence from the Sipp

Fujita, Shigeru - 2019

Drawing on CPS data, the authors show that total monthly job loss and hiring among U.S. workers, as well as job loss hazard rates, are strongly countercyclical, while job finding hazard rates are strongly procyclical. They also find that total job loss and job loss hazard rates lead the business...

Persistent link: https://www.econbiz.de/10012706174

The Cyclicality of Job Loss and Hiring

Fujita, Shigeru; Ramey, Garey - 2019

In this paper the authors study the cyclical behavior of job loss and hiring using CPS worker flow data, adjusted for margin error and time aggregation error. The band pass filter is used to isolate cyclical components. They consider both total worker flows and transition hazard rates within a...

Persistent link: https://www.econbiz.de/10014055322