Figura, Andrew - Federal Reserve Board (Board of Governors of the … - 2003
variance of unemployment, causing it to rise much higher in recessions than it would have without cyclically correlated …The Effect of Restructuring on Unemployment
Andrew Figura*
Board of Governors of the Federal Reserve System
October 27 …, 2003
JEL Classifications: E24, E32, J64
Keywords: Restructuring, Unemployment, Job Flows
Abstract: This paper finds that …