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Heterogeneity in the dynamics of disaggregate unemployment

Ahn, Hie Joo - 2016 - This version: July 29th, 2016

disaggregate unemployment and in the cross-sectional differences across individuals of the duration of unemployment spells. The …-space model of Ahn and Hamilton (2016). I found that the contribution of each factor to the dynamics of disaggregate unemployment …

Persistent link: https://www.econbiz.de/10011578275

Employment dynamics in a signaling model with workers' incentives

Weingarden, Alison - 2016

Many firms adjust employment in a "lumpy" manner -- infrequently and in large bursts. In this paper, I show that lumpy adjustments can arise from concerns about the incentives of remaining workers. Specifically, I develop a model in which a firm's productivity depends on its workers' effort and...

Persistent link: https://www.econbiz.de/10011709242

Unemployment risk

Kiley, Michael T. - 2018 - Version 3

Fluctuations in upside risks to unemployment over the medium term are examined using quantile regressions. U ….S. experience reveals an elevated risk of large increases in unemployment when inflation or credit growth is high and when the … unemployment rate is low. Inflation was a significant contributor to unemployment risk in the 1970s and early 1980s, and …

Persistent link: https://www.econbiz.de/10012016326

Do greasy wheels curb inequality?

Doniger, Cynthia L. - 2019

I document a disparity in the cyclicality of the allocative wage-the labor costs considered when deciding to form or dissolve an employment relationship-across levels of educational attainment. Specifically, workers with a bachelors degree or more exhibit an allocative wage that is highly...

Persistent link: https://www.econbiz.de/10012018447

Declining dynamism, allocative efficiency, and the productivity slowdown

Decker, Ryan A.; Haltiwanger, John C.; Jarmin, Ronald S.; … - 2017

A large literature documents declining measures of business dynamism including high-growth young firm activity and job reallocation. A distinct literature describes a slowdown in the pace of aggregate labor productivity growth. We relate these patterns by studying changes in productivity growth...

Persistent link: https://www.econbiz.de/10011708266