domestic to tradable industries. This leads to a loss in industry specific human capital, causing a jump in unemployment. The …

How much did shocks to household credit supply reduce employment in the Great Recession? To answer this question, I …

of the U.S. economy before and after the Great Recession. In a DSGE model with endogenous growth, negative demand shocks … deep and persistent enough, like during the Great Recession, they call for a downward revision of potential output measures … Recession, as well as the V-shaped recoveries that followed the oil shock recessions. …

. In this paper, we empirically analyze how local unemployment rates affect enrollment decisions in Turkey during the … period covering the Great Recession of 2008-2009. Our estimates show that the likelihood of enrollment in university … undergraduate programs decreases during periods of and in regions experiencing higher unemployment, whereas the enrollment in high …

employment and unemployment to account for the dynamics of the unemployment rate, this was not true in the Great Recession. The …We conduct an accounting exercise of the role of worker flows between unemployment, employment, and labor force … nonparticipation in the dynamics of the aggregate unemployment rate across four recent recessions: 1982-1983, 1990-1991, 2001, and 2007 …

In modern economies, sharp increases in unemployment from major adverse shocks result in long periods of abnormal … unemployment and low output. This chapter investigates the processes that account for these persistent slumps. The data are from …

differences between the Great Recession and the start of the COVID-19 Recession. In the Great Recession, the loss in aggregate … temporary contracts. In contrast, in the early stages of the COVID-19 Recession, approximately sixty percent of the drop in …

This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general … driver for the "German labor market miracle" during the Great Recession …