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COVID-19 is a persistent reallocation shock
Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J.; … - 2021
Drawing on data from the firm-level Survey of Business Uncertainty, we present three pieces of evidence that COVID-19 is a persistent reallocation shock. First, rates of excess job and sales reallocation over 24-month periods have risen sharply since the pandemic struck, especially for sales. We...
Persistent link: https://www.econbiz.de/10012416304
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Chapter 41 Gross job flows
Davis, Steven J.; Haltiwanger, John - In: Handbook of labor economics : volume 3, part B, (pp. 2711-2805). 1999
Market economies experience high rates of job creation and job destruction in almost every time period and sector. Each year, many businesses expand and many others contract. New businesses constantly enter, while others abruptly exit or gradually disappear. Amidst the turbulence of business...
Persistent link: https://www.econbiz.de/10014024705
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COVID-19 Is a Persistent Reallocation Shock
Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J.; … - 2021
Drawing on data from the firm-level Survey of Business Uncertainty, we present three pieces of evidence that COVID-19 is a persistent reallocation shock. First, rates of excess job and sales reallocation over 24-month periods have risen sharply since the pandemic struck, especially for sales. We...
Persistent link: https://www.econbiz.de/10013232561
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COVID-19 Is a Persistent Reallocation Shock
Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J.; … - 2021
Drawing on data from the firm-level Survey of Business Uncertainty, we present three pieces of evidence that COVID-19 is a persistent reallocation shock. First, rates of excess job and sales reallocation over 24-month periods have risen sharply since the pandemic struck, especially for sales. We...
Persistent link: https://www.econbiz.de/10013242016
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Business Volatility, Job Destruction, and Unemployment
Davis, Steven J.; Faberman, Jason; Haltiwanger, John; … - 2015
Unemployment inflows fell from 4 percent of employment per month in the early 1980s to 2 percent or less by the mid … parameter in search and matching models of unemployment. According to these models, a lower intensity of idiosyncratic shocks … produces less job destruction, fewer workers flowing through the unemployment pool and less frictional unemployment. To …
Persistent link: https://www.econbiz.de/10014205905
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Sticky Wages on the Layoff Margin
Davis, Steven J.; Krolikowski, Pawel Michal - 2023
We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage … efficient separations that holds in leading theories of job separations, frictional unemployment, and job ladders. We draw on …
Persistent link: https://www.econbiz.de/10014345670
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Sticky Wages on the Layoff Margin
Davis, Steven J.; Krolikowski, Pawel Michal - 2023
We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage …
Persistent link: https://www.econbiz.de/10014354714
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Sticky wages on the layoff margin
Davis, Steven J.; Krolikowski, Pawel - 2023
We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage … efficient separations that holds in leading theories of job separations, frictional unemployment, and job ladders. We draw on …
Persistent link: https://www.econbiz.de/10014325070
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Allocative disturbances and temporal asymmetry in unemployment rate fluctuations
Davis, Steven J. - 1988
Persistent link: https://www.econbiz.de/10000766185
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Business volatility, job destruction, and unemployment
Davis, Steven J.; Faberman, R. Jason; Haltiwanger, John C. - In: American economic journal : a journal of the American … 2 (2010) 2, pp. 259-287
Persistent link: https://www.econbiz.de/10003996201