, recessions generate long-lasting hysteresis: persistent decreases in the employment-to-population ratio and earnings per capita …

This paper studies how government transfers respond to changes in local economic activity that emerge during recessions …. Local labor markets that experience greater employment losses during recessions face persistent relative decreases in …

, recessions generate long-lasting hysteresis: persistent decreases in the employment-to-population ratio and earnings per capita …

This paper studies how government transfers respond to changes in local economic activity that emerge during recessions …. Local labor markets that experience greater employment losses during recessions face persistent relative decreases in …

This paper studies how U.S. local labor markets respond to employment losses that occur during recessions. Following … recessions from 1973 through 2009, we find that areas that lose more jobs during the recession experience persistent relative … result in longer-lasting consequences for local labor markets than previously thought, and that recessions are followed by …